Different Types of Coverage in a Renter’s Insurance Policy

When you rent your home, it’s essential that you have the exact kind of protection you need from an insurance policy. Renter’s insurance is very similar to your home insurance coverage. However, it doesn’t have any coverage for the dwelling itself. The owner of the property is responsible for insuring it. Renter’s insurance protects you from the risks you face as a renter. When you’re in Alabama and looking for renter’s insurance, call us at Surety Ins Inc.

Item Protection

Your largest investment is likely all of the things that are inside your home. These items need to be protected because of the high cost of replacing them all. When you have renter’s insurance, it covers your belongings in your home against a wide range of risks. If you didn’t have renter’s insurance and a damaging incident happened to your home and ruined your belongings, it would be up to you to replace everything on your own. Few people can afford this, so ensure you have renter’s insurance for as long as you rent. 

Liability Coverage

This type of coverage is essential, though most renters don’t think about it. This liability coverage protects you financially if someone from outside your household enters your home and gets injured. This can happen from accidents like slipping and falling and various other ways. You’re responsible for anything that happens in your home, so you’d owe for all of the medical bills and lost wages. With renter’s insurance, the policy can pay for all of these expenses for you. 

Get Renter’s Insurance 

You need renter’s insurance from the first day you move in. If you don’t have a policy yet, call us at Surety Ins Inc. in Alabama.