Renter’s Insurance

frontporch_420x315Do you rent a home or apartment from another party? It’s important to know what you need to protect yourself and your belongings if something should happen to the dwelling you are renting.

Renter’s Insurance is a policy that provides coverage for a tenant who lives in a home or apartment that they rent or lease from another individual or entity. Since the renter does not own the building, a policy that covers their own personal belongings and certain liability exposures is sufficient, but still very important.

A renter will select an amount of insurance that is relative to the value of their personal belongings and property contained within the rental unit. There are often options on the renter’s insurance policy that allow for coverage of replacement cost coverage for contents, sewer and drain backup as an added covered peril, and coverage for scheduled items such as jewelry, collectibles and fine arts.

Make sure you understand what is and is not covered, and that you purchase a policy sufficient for your needs. As independent agents, we can seek out the best value for you. Give us a call at 952-927-4600 to get started today.