If you live in an apartment, you probably think that your landlord’s insurance policy will cover the cost of your belongings in case a fire, flood, or another inopportune even were to occur. However, what many renters don’t realize is that their landlord’s policy usually only covers the building’s actual structure, and not their personal belongings. If you rent property, acquiring a renters insurance policy from Martin Insurance Agency can ensure your best interests are protected.
What These Policies Cover
These policies can cover a variety of different situations that might happen while you’re living in a rental property. For example, your renters insurance policy would kick in if someone sustains injuries while they’re over at your apartment, someone breaks into your home and takes some of your personal possessions, or if a pipe breaks and ruins some of your electronics.
All Renters Can Benefit
One of the most common reasons why renters don’t contact Martin Insurance Agency about obtaining a policy to protect their best interests is because they think that they don’t own anything valuable. If you have this same belief, take a minute and think about how much it would cost you to replace all of the belongings in your apartment. Without one of these policies, you could end up being responsible for the cost of replacing these belongings if an accident or natural disaster occurs.