Renting Safely > Having a Renters Insurance Policy

In this final installment of our article series on renter safety, we’re going to evaluate the benefits of Wright City Renters Insurance. While many renters just assume they need it, they might not actually understand all that it covers and the additional benefits it provides. We’ve already covered the basics of safety while renting, including investing in the right security measures and knowing your neighborhood, so with this last piece of advice, renters can achieve some peace of mind.

What is renters insurance?

This policy covers all of your belongings from any potential disaster that can strike, such as a fire, theft, vandalism, water damage, lightning, and wind storms. Even if you think you don’t own enough items to get this insurance, just remember that replacing even a few items of furniture, or a basic wardrobe, can add up very quickly.

It covers living expenses after a disaster.

You don’t have to couch surf while your apartment is undergoing repair after a disaster like a fire. Renters insurance includes “additional living expenses” coverage if your place becomes uninhabitable after a disaster and you need to find somewhere else to live temporarily. The coverage would reimburse you for extra expenses, such as the cost to stay in a hotel or rent another apartment, says Nerd Wallet.

It extends coverage to your kids and family members.

Say you and your child were at a neighbor’s house, and he got too rowdy and broke one of their favorite antique items. With some renter’s insurance policies, it could extend coverage to replace this precious item.

It offers legal payment coverage.

If someone were to become injured on your property or sue you, your renter’s insurance policy will cover the legal expenses up to the policy amount. You can speak with your trusted insurance agent to go over the limits you need.

It covers dog bites.

If your dog bites someone or injures them while on your property, your renters insurance could potentially cover the damage. Inquire about this coverage if you have a pet.

About Sine Insurance Group

At Sine Insurance Group, we strive to protect your dwelling and your possessions with the proper coverages to meet your specific needs. Our commitment to excellence and our superior customer service has allowed us to serve St. Louis and the surrounding areas for the last 25 years. For more information on our products and how we can secure your belongings in your rental unit, call us today at (636) 947-1177.