If you rent an apartment or house, you may be under the impression that you are protected by your landlord's homeowners insurance policy. Unfortunately, this is almost certainly untrue. To protect yourself and your belongings, it is recommended you turn to an insurance agency for additional coverage. Below is a quick guide to what renters insurance is and why you need it.
What Is Renters Insurance?
Renters, like homeowners insurance, is a collection of coverage types that protect you against a variety of perils. These typically include personal property coverage, if you lose or damage your possessions, and liability coverage, in case you accidentally injure someone or destroy their property on your premises. In the latter scenario, the policy covers the cost of repairs and medical treatment, regardless if you are at fault. A local insurance agency can help you shop for a comprehensive plan that best fits your needs and budget.
Why Do You Need It?
You should turn to an insurance agency for additional coverage if you have furniture, clothing, electronics, or other belongings you cannot afford to replace if they’re damaged or destroyed in a fire, flood, or another event. Likewise, if you have savings or retirement assets to protect, you need liability coverage that pays for the injuries, damages, or resulting legal fees that could arise from a single, unfortunate accident. The plan also pays the additional living expenses you incur, such as meals out, hotel rooms, dog boarding, and laundry, if your home is suddenly destroyed or becomes uninhabitable.
If you need coverage, Harold D. Miller Insurance Agency, the most trusted and experienced provider in Greenup, KY, will help you design a renters insurance policy that offers the protection you need at a rate you can afford. They also specialize in homeowners, life, boat, motorcycle, and auto insurance. Explore your options online, or call the insurance agency at (606) 473-6211 to speak with a knowledgeable representative today.