Saving You Money For Life

Every day we read about more crime in our neighborhoods. Just because you don’t own your residence doesn’t mean it needs to be vulnerable to fire, theft and vandalism. Renter’s insurance is available for both apartments and houses. And it doesn’t only protect against damages-renter’s insurance can help protect you n an injury lawsuit, if you’re held liable for damage to another person or their property at your residence or even elsewhere.

If you think your landlord’s insurance covers you, think again. The landlord’s insurance usually covers just the building where you live. It most likely doesn’t cover all your important personal belongings, nor your liability. Most landlords’ policies won’t cover what happens at your residence. This means you can be held liable for injury to another person or even damage to someone else’s property if an incident occurs at your residence or even somewhere else. This means your savings and possibly your future earnings could be at risk. Some rental insurance policies even cover all or a portion of your legal defense costs.

You can usually get a discount on your renter’s insurance if you use the same company for other types of insurance, such as auto insurance. Make sure to check with your agent about possible discounts.

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