Do I Really Need Renters Insurance?

Simply put, yes!  Renters insurance has a low-cost premium, but should something happen, the coverage for your personal possessions can be significant to you.  Most mortgage lenders require homeowners to obtain homeowners insurance to protect their investment in the property should it be damaged or destroyed.  While renters do not have the responsibility for a physical structure where they live, they do have valuables and personal items they need to protect.  Even if your landlord does not require a proof of renter’s insurances, it’s wise to consider obtaining the coverage.  The team at Henderson Insurance Agency works with renters in the Harrisburg, PA area to get quality coverage.  There are a variety of options available, so they will work with you to find the policy that meets your situation.  

While renters’ insurance covers the contents of your apartment, there are additional benefits to retaining appropriate coverage.  For instance, if there is an event where you are unable to stay in your apartment for a time, some policies provide funds to cover hotel and meal expenses until you are able to return.   The policy will cover items that are damaged or destroyed in the apartment, but some policies will go further and provide coverage for the same item if it is damaged outside of the home.  For instance, if your laptop is stolen from the library, it may still be covered under your renters’ insurance policy.  Lastly, personal liability insurance is also available through a renters’ insurance policy.  This covers any damages or injuries to another person who is visiting your apartment.  

The agents at Henderson Insurance Agency know the wide variety of renters’ insurance policies available in the marketplace today.  They work with renters in the Harrisburg, PA area to get the best coverage.  Call today!