Most people know renters insurance provides coverage for their personal contents. Many renters feel they don’t have enough stuff to need an insurance policy. Missouri renters insurance – it Covers MORE Than Your Stuff
Have you ever sat down and added up how much all your stuff is worth.
Do it!
I Don’t Own Much
I think you might be shocked to realize the value of your possessions. Start in your kitchen open the cabinets; walk into your bedroom look in your drawers and your closet. What about the furniture in your living room? What about toys, both yours’ and your child’s.
It’s starting to add up isn’t it?
Now imagine a fire burnt your rented home to the ground. Do you have the resources to buy everything again? Wouldn’t it be nice to make a phone call to your independent insurance agent who would get an adjuster in contact with you to write you a check to replace your stuff?
This is just one of the reasons to buy a renters policy. Read on to learn more.
It Was An Accident
Do you own a dog? Play in a sports league? Have children?
Without a homeowners insurance policy in place many renters do not have personal liability coverage. A renters insurance policy provides this for you, anywhere in the world.
Your dog bites your neighbor, they sue you for medical bills – you have coverage with a renter’s policy.
You slide into home plate in your Wednesday night softball league breaking the catcher’s ankle, they sue you – you can find coverage in your renter’s policy.
Your child hits another child in the eye with a paintball, the parents sue you – you guessed it, you have coverage with your renters insurance.
The personal liability aspect of a renters policy often goes unnoticed, but it’s a huge reason to purchase a policy. It provides coverage for any property damage or bodily injury you (and any person you are legally responsible for) may negligently cause, anywhere in the world.
For the record, the above examples are just a few of the real cases I have seen in my insurance career.
Does Your Landlord Require It?
Another reason to buy renters insurance; your landlord requires it.
Many renters often wonder why their lease says they must provide proof of renters insurance. Why does the landlord care if your stuff is covered? It doesn’t do anything for them.
Wrong!
Let’s say you leave a candle burning and burn down the house/apartment/whatever. Your negligence was the direct cause of the fire. Your renters policy will pay to repair/replace the house.
Without renters insurance the landlord or their insurance company can and will come after you for the cost.
But I Can’t Afford It
And the final reason, it’s cheap!
For all the coverage it provides a renters policy is cheap. You can buy a renters policy that covers $20,000 of contents and $100,000 personal liability for as little as $15 a month.
For all the protection it affords why not? Here’s our number – 816.632.7248…go ahead and give us a call.
Photo credit: Balfron Tower / sitting room via photopin (license)
