Call Us 630-830-4500 ☰ ˟
Logo
Call Us: 630-830-4500
Español
  • Main Menu
    • Home Page
    • Refer a Friend
    • Join Our Newsletter
    • Important Links
    • Insurance Glossary
    • Our Locations
    • Contact Us
    • Privacy Policy
  • Get A Quote
    • Auto Insurance
    • Business Owners (BOP)
    • Commercial Auto Insurance
    • General Liability Insurance
    • Motorcycle Insurance
    • Watercraft Insurance
    • Workers Comp Insurance
  • Locations
  • Resources
    • Customer Service
    • Payment Options
    • Report A Claim
  • Contact Us
  • About Us
    • Refer A Friend
    • Join Our Newsletter
    • Our Carriers
    • Blog
Auto Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Learn More
Business Icon

Business & Commercial

We browse through a wide variety of coverages and find the right one for you.

Learn More
Motorcycle Icon

Motorcycle

We browse through a wide variety of coverages and find the right one for you.

Learn More
RV & Boat Icon

RV & Boat

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > 5 Reasons You’ll Benefit from Renter’s Insurance
THURSDAY, JUNE 30, 2022

5 Reasons You’ll Benefit from Renter’s Insurance

Why should you invest in renters insurance? Most people renting know that renter’s insurance is an option. Yet, you may not be sure it is worth your investment. The good news is that most property owners benefit from having it. Take a closer look at what it can do for your needs.

#1: It Is a Low-Cost Way to Protect Your Possessionsperson holding up keys to apartment
You do not have control over everything occurring in a rented space. If you share that space with other families, the risks increase even more. Renter’s insurance is a low-cost way to minimize these risks to you. If someone next door starts a fire and it causes your unit to burn, you do not have to suffer loss. You can claim your losses on your policy.

#2: It Minimizes Claims Against You
Did you know that it is up to you to maintain the pathway to your home? Even if you rent, if someone falls and suffers an injury, you could be liable. You may have to pay for medical bills if someone suffers an injury in your home, too. That could amount to thousands of dollars. Your renters policy can help cover multiple liability claims.

#3: Get Coverage If You Have to Move
Imagine an incident occurring that leaves your apartment or home uninhabitable. You cannot live there until repairs take place. Where will you go? Renter’s insurance often provides for temporary living expenses here. This means if you cannot live there for a covered incident, it helps cover the costs associated with procuring a new location until you can move in.

#4: Protect What Is Valuable to You
You can extend your renter’s insurance to cover many of your high-valued items. For example, you may want extra coverage for your art collection. Or you may want coverage to replace your computer equipment if a theft occurs. It is critical to have this type of coverage in place.

#5: It Gives You Legal Protection
If you face lawsuits from a covered claim, your policy also usually offers legal defense help. Imagine if someone suffers a large medical expense. They sue you. Your insurance company can cover the losses and represent you in a court of law. This gives you a high-powered attorney to minimize your risks.

For an often-low cost, renter’s insurance provides ample benefit to most renters. Even if you think you do not own much, this coverage can be critical.

Posted 11:00 AM

Tags: renters insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020

  • insurance(6)
  • auto insurance(4)
  • renters insurance(3)
  • general liability(3)
  • auto(2)
  • home insurance(2)
  • coverage(2)
  • autumn(1)
  • liability(1)
  • interruption(1)
  • homeowners(1)
  • recreational vehicle insurance(1)
  • belongings(1)
  • general liability insurance(1)
  • property(1)
  • business(1)
  • commercial auto(1)
  • commercial(1)
  • winter(1)
  • driving(1)
  • car(1)
  • boat insurance(1)
  • policy(1)
  • preparations(1)
  • costs(1)
  • homeowners insurance(1)
  • business insurance(1)
  • commercial insurance(1)
  • commercial auto insurance(1)
  • winter tips(1)
  • renters(1)
  • home(1)

View Mobile Version

Contact Us Today!
630-830-4500

Social Social Social Social

Resources

  • Products
  • Customer Service
  • Payment Options
  • Report a Claim
  • News
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

1807 West Irving Park Rd
Hanover Park, IL 60133

P: 630-830-4500
© Copyright. All rights reserved. | Powered by Insurance Website Builder