If you rent the residence you live in, your landlord is responsible for taking care of most issues concerning the property. However, they won’t cover the replacement of your personal possessions should they become damaged or stolen. That’s what makes renter’s insurance such a vital purchase. Chanler Agency provides residents in Geneseo and Livonia, NY, with a range of property insurance products, ensuring they are adequately protected in case an unexpected situation occurs. The agency helps renters find affordable insurance to avoid getting into a financial bind due to the following reasons.

Damage To Your Personal Belongings

Natural disasters can occur at any time, leaving your personal belongings vulnerable to damage and destruction. Sudden fires, inclement weather, and water damage can wipe out a good portion of what you own in hardly any time, and without renter’s insurance, you would be responsible for repairing or replacing it all by yourself. This is likely to add up to quite a bit of money, but being properly covered will give you the funds you need to purchase new items.

Injuries On Your Property

While having visitors at your rental unit, you have a general responsibility for maintaining their well-being, but accidents do happen. Should a guest injure themselves in your space, you can be held financially liable for the medical treatment they require. Fortunately, when you have renter’s insurance, it will take care of these expenses so you don’t have to worry about paying out of pocket.  

Theft Of Your Possessions

A burglary is one of the worst experiences you can go through, especially when you aren’t covered for the theft of your possessions. While it’s hopeful that the police will recover your things, it’s best to be prepared if they are never found. Having renter’s insurance will allow you to file a claim for your stolen property as long as it is listed on your policy. The payout will give you the money you need to replace your valuables promptly.

Many tenants don’t understand the importance of renter’s insurance and opt not to purchase it, which can end up being a big mistake. Contact Chanler Agency in Geneseo at (585) 243-5520 or at the Livonia location at (585) 346-3118 to get an insurance quote, or visit their website for information on filing an insurance claim.