Most people prefer renting an apartment as it provides freedom to live anywhere in the state. For some, it’s to evade the responsibilities of owning a home, like pest control, yard work, maintenance, or trash removal. It, however, does not eliminate the need to buy insurance while renting an apartment. Your landlord’s insurance only insures the grounds and buildings against damage or loss. That’s why you should have renters’ insurance.
Our experienced team at All-Star Insurance Brokers Inc. in Aurora, CO can help you navigate this vital coverage.
What does renters insurance cover?
Here are the key areas:
- Personal liability coverage: Accidents to others, causing bodily injuries or property damage, can happen within your apartment. For example, a visitor’s slip or fall may result in injuries requiring medical attention. Your liability coverage would pay for the resulting medical expenses or legal charges if you get sued.
- Personal belongings coverage: Your house is where most of your valuables are, for example, electronics, appliances, furniture, clothing, books, and much more. The coverage replaces your belongings in case of damage or loss due to a covered peril.
- Additional living expenses: Your renters insurance also covers additional living expenses. If your home, for example, gets damaged to an extent it becomes unlivable, this policy puts you in a temporary living place as repairs are ongoing. It may also pay for meals, laundry, pet boarding, and other expenses.
Get Renters Insurance Today
Most people underrate the importance of renters insurance because it does not cover the building. The fact that it protects your personal belongings and pays for the additional living expenses and lawsuits is reason enough to invest in renters insurance. Furthermore, renters insurance is affordable and gives you peace of mind. Ready to purchase renters insurance in Aurora, CO? Contact All-Star Insurance Brokers Inc. for an affordable quote.