Many landlords require their tenants to provide proof of renters insurance, but not everyone is familiar with this type of coverage. The insurance agents from Custis Insurance Service are here to answer the most commonly asked questions from residents of Sheffield Lake, OH, and the surrounding communities. From costs to coverage, they’ll tell you everything you need to know about renters insurance.

5 Renters Insurance FAQs

1. Are the Policies Expensive?

Renters insurance is actually one of the most affordable policies. A plan with basic coverage might be as low as $20 a month. Your agent can discuss all your available discounts and options with you.

2. Do I Really Need Insurance If I’m Just Renting?

Many landlords require proof of renters insurance for all their tenants. But, more than that, you should invest in a policy as it also covers your personal belongings. So, you won’t have to replace everything out of pocket if there’s a fire or other damage.

3. Does Renters Insurance Cover All My Personal Belongings? 

Generally speaking, yes. There are, however, limits on the amount of coverage. Most insurance policies have an overall limit, plus many also have limits on certain items like jewelry and electronics.

4. Are My Belongings Covered If I Take Them to School or Work?

Renters insurance covers most of your personal items, even when you take them out of your apartment. So, if your computer is stolen from your car, it’s typically not covered by auto insurance, but your renters policy will cover it.

5. What If Someone Gets Hurt at My Apartment?

Fortunately, most policies also include personal liability. If a friend comes over and they trip and break their ankle, your insurance will cover their medical expenses, as well as any legal fees involved.

If you have additional questions or would like to request an insurance quote, call the agents at Custis Insurance Service at (440) 949-7171. They can answer all your questions regarding renters insurance. They’ll also discuss your needs in detail to ensure you get the right amount of coverage for your budget. To learn more about the insurance products they offer, visit their website.