If you’re renting an apartment and don’t have renter’s insurance, you might be missing out on an opportunity to limit your financial liability. Renter’s insurance from Russ Richardson Agency, servicing Birmingham, AL, can assist in repairing or replacing your belongings if they get damaged due to covered events. If you’re currently without renter’s insurance, consider getting a policy today. Here’s what you should know.
What Is Renter’s Insurance?
Renter’s insurance is a coverage type specifically designed to protect personal belongings during covered events. While it covers personal items, it doesn’t cover the structure of your rented property. This insurance aims to aid renters in bouncing back after specific disasters.
Who Needs Renter’s Insurance?
If you rent an apartment or a house, you’re a good candidate for renter’s insurance. If a fire destroyed your apartment tomorrow, would you have the necessary finances to replace all your belongings? If you answer ‘no,’ then you could benefit from renter’s insurance.
Is Renter’s Insurance Required?
Renter’s insurance is generally not mandatory for renters. Still, it is often preferred by those looking for peace of mind, knowing they have insurance that limits their liability when certain disasters strike.
How Much Renters Insurance Coverage Do I Need?
To estimate the right amount of renter’s insurance for your needs, feel free to contact our insurance experts at Russ Richardson Agency, servicing Birmingham, AL. In addition to providing insurance advice, we offer a range of insurance products. Contact us today to learn more about protecting your belongings with renter’s insurance.
