apartment2Why you should consider Renters Insurance?

Do you carry Renters Insurance? Are you an apartment renter? Do you rent a condo or someone’s house? If so, keep in mind that while you don’t necessarily have a large financial investment in the property, you do have a big financial investment in all of your possessions. If you ever had to actually pay to replace what you own, it would probably cost far more than you would expect-tens of thousands of dollars, or even more!

There are three primary reasons why you want to have renters insurance:

You can replace what you lost.

You may think your landlord’s insurance covers your possessions in the event of an incident that damages your apartment, condo, or house. Unfortunately, that is not the case. If a rented dwelling is involved in a fire, storm, flood, or break-in, it will be the tenant’s responsibility to replace what is lost. Try to calculate in your mind the replacement cost of everything you have in your home: computers, digital devices, TV(s), clothing, kitchen goods, beds…The total value may surprise you. If you carry renters insurance, the insurance company would replace what you have lost. Also, if your rented home is so damaged that you can no longer live there, you will be given the necessary funds to cover your temporary living expenses.

It covers what other insurances don’t.

Your auto insurance will pay for repairs to your car if you are involved in an accident. However, if your personal belongings are stolen out of your car, you are out of luck. Most auto insurance policies don’t cover the possessions inside your vehicle but renters insurance fills that gap. Possessions in your vehicle such as a laptop, clothing, or cell phone…are often really expensive if you have to pay to replace them. Furthermore, it costs only pennies a day.

Renters insurance is one of the cheapest types of insurance you can buy.

The professional insurance agents at our agency will work with you to get the best deal on Renters Insurance. For example, if you bundle renters insurance with any other policies (life or car insurance) you may have, you will likely receive a multi-policy discount. So, it’s defiitely worth looking into Renters Insurance if you don’t yet have it.

You want to be certain that you and your family are covered if you rent a dwelling of any kind. No one can predict when a storm will come through their area or when a fire or flood might hit. Protect all of your belongings and have peace of mind knowing that you are covered against dealing with the cost of replacing all of your personal possessions yourself.

Let Liveoak Agency help you!

Again, our insurance agents will help you find the best price and most coverage for Renters Insurance. We realize cost is always an important issue and we will seek the most reasonably-priced policy for you. Maybe you already have Renters Insurance and want to be sure there is not a better policy on the market. What ou want to find out if you are eligible for a discount? We are happy to review what you have and show you what is currently available.

Call us and speak with one of our friendly agents at Liveoak Agency. We are local and we are very easy to connect with. We will meet with you when it is convenient for you. Talk to us! 334-285-2881