Why You Need Renters Insurance

October 20, 2015
Written by C&S Insurance

modern city apartment building next to a treeSome people assume they do not need insurance for their place of residence simply because they rent instead of own. Don’t be one of those people.

Basically, renters insurance acts as a homeowners insurance policy for those who rent instead of own property. Whether you live in a condo, apartment, house, or a duplex, renters insurance can help protect you and your assets. Having renter’s insurance can help devoid costs of damages if something happens to your apartment.

DO NOT make the mistake of assuming your landlord’s homeowners insurance will cover you and your assets. A landlord’s policy covers only the physical structure of the rental property, not your belongings. If the person owning the building has renters insurance, they will be protected from incurred costs if something happens to the building. However, they are not responsible for covering your belongings.

Purchasing renters insurance ensures your property is protected. Don’t make the mistake of thinking you are invincible. You DO need insurance for your belongings, even if you live in a rental property.

Contact C & S Insurance today for more information & to fill out our free renters insurance quote form!