Whether you are renting your first apartment and furnishing it with mostly second-hand items, or you are downsizing from a house and have belongings worth a significant amount of money, you need to protect yourself with renters insurance. Most people do not realize the value of the things they own until they are burglarized and have to replace everything that was taken. Renter’s insurance in Fort Myers, can protect your finances if the personal property you have in your apartment is stolen or damaged in a fire or severe storm.
Unlike homeowner’s insurance, which covers the repair or replacement of the structure, renter’s insurance only covers your personal property, so it is much less expensive. A good rental insurance policy can be purchased for less than $100 per year and can cover all of your property and also protect you against financial loss related to a guest getting injured inside your home. Renter’s insurance usually liability coverage similar to most homeowner’s insurance policies.
You may be surprised to learn that renter’s insurance typically covers loss or damage to property while the insured person is away from home. If you travel a lot, or you carry expensive electronics in your vehicle while you commute to and from work, your Renter’s insurance in Fort Myers, may provide coverage if your car is broken into or your property is stolen from your hotel room. Car insurance only covers the actual vehicle but renter’s insurance covers the personal property inside the vehicle.
Some renters think that their landlord’s insurance will pay to replace their furniture and other belongings if the building catches on fire or is damaged by high water. This belief can cause you to lose a lot of money. Regardless of whether the fire is your fault, caused by the careless smoking of a neighbor or a result of a lightening strike, you are responsible for your personal property. Renter’s insurance will give you the coverage you need to start over in the event your belongings are destroyed with the building.
Visit Lee County Insurance Agency for more information about how renter’s insurance can make you feel more secure in your rental unit. An agent can give you a quote for a policy that will protect you at home and on the road.
