As a renter, you may think that you don’t need renters insurance. You may think that you are covered under the landlord’s policy. If you believe that, you are mistaken. The landlord’s insurance covers his building, the exterior walls, and the roof. It may cover the appliances if they belong to the landlord. Your personal possessions are not covered. In Fords, NJ Five Star Insurance Agency has agents who would be happy to talk to you about the benefits of inexpensive renters insurance. 

Renters insurance is a good idea for a variety of reasons. If it would be a hardship for you to replace all your personal items, clothing, electronics, accessories and decor then renters insurance can help you by replacing them in the case of a covered event. Covered events can be things like fire, theft or vandalism. In the case of theft, even if you are away from your rental, your personal property is covered. 

If you own a pet and your pet were to bite someone, the expenses from this event are something that your policy covers. It also extends to someone being hurt while they are visiting you in your rental. This liability coverage would also help to pay any legal fees that you might incur. 

If a fire or a storm were to damage your home or apartment so badly that it was no longer habitable, your insurance will help with the cost of staying somewhere else until your home has regained its certificate of occupancy.

Renters insurance offers a lot of protection and if you would be unable to replace everything you own easily it is well worth having. Why not give us a call or stop by the office of Five Star Insurance Agency in Fords, NJ to discuss your renter’s insurance needs.