Protect Yourself and Your Assets
If you rent an apartment or home, renter’s insurance is a smart financial decision. It’s not fun to think about something unfortunate happening, but being prepared can help protect you given a loss happens. It can also protect you in case a liability occurs or your home becomes uninhabitable.
Renter’s insurance policies cover
- Personal property
- Liability
- Loss of use
Why you should consider renter’s insurance:
Covers your possessions
Think of everything you own — it adds up! The average value of personal possessions is about $30,000 for a two-room apartment. Even if you don’t own many valuables, renter’s insurance may cover the cost to repair or replace belongings such as clothing, televisions, kitchenware, and more. Your possessions will be covered in the event of
- Theft and vandalism
- Fire and lightning
- Windstorms and hail
- Other covered events such as smoke damage, explosions, short-circuit damage from electrical appliances and more.
You can even add more coverage for high-dollar items such as fine art or wedding rings.
Covers personal liability
Whether your pet bites a guest at your residence or your dishwasher leaks and the apartment below gets water damage, without renter’s insurance you could be legally responsible for these bills out-of-pocket. Ensure you are financially protected in the event of a liability.
Covers loss of use
If your home becomes uninhabitable, your expenses to find housing elsewhere could be covered by renter’s insurance. This can also include finding a new place to live if needed.
It’s affordable
Renter’s insurance is more affordable than you think – the average policy is $187 per year which equals out to around $15-$30 per month, depending on your level of coverage. Not only is it affordable, but can offer thousands of dollars in protection.
Perks:
- Renter’s insurance can also cover your personal property when you travel. For example, if you’re traveling and your laptop is stolen, it’s protected whether it’s inside your dwelling or not.
- When you get renter’s insurance through Classic Insurance, you can also get a discount on other insurance policies such as auto insurance.
Overall, renter’s insurance can help reduce or eliminate the crippling financial impact in the event something happens. To be sure you have the coverage and protection you need in case of an emergency, give Classic Insurance a call at 850-332-5717 or send us a message at info@classicinsgroup.com. We’re here to help!
