Is renters insurance coverage necessary? This is a question that we get a lot here at Alta Vista Insurance Agency in Vista, CA. After all, if this is not your property, shouldn’t it be the landlord’s responsibility to protect it? But our answer will always remain a resounding yes!
Here’s why renters need to purchase this type of coverage:
Protects Your Personal Belongings
Take a look at all the items you have in your home. If disaster was to strike, how would you replace your electronics, furniture, appliances, and clothes? No one predicts things like fire or theft, yet they happen. Purchasing renters insurance allows you to protect all these items because you’re covered should you be exposed to risks.
Your Landlord Insurance Doesn’t Cover You
Most tenants assume their landlords’ insurance coverage extends to them, but that’s not true. The landlord’s policy is specifically for the structure itself. If the common area or fence is damaged in an accident, your landlord’s policy will cover that. But how about your personal items? Those are your responsibility, and you need coverage for that.
Protects you Against Liability Claims
If a visitor gets hurt in your home, you are required to cover their medical bills. And if they sue you, you will have no option but to pay the following legal fees. Renters insurance takes this burden from you through liability coverage. If someone gets injured on your premises, the policy will cover the resulting expenses up to your liability limit.
Coverage for Additional Living Expenses
At times, the damage to your home can be so bad that you have to move out as the house is repaired. In such cases, your policy will cover expenses like accommodation, transport, and food.
Get Renters Insurance Today
As you can see, renters insurance is necessary to protect your assets and peace of mind. If you’re renting in the greater Vista, CA community, get in touch with Alta Vista Insurance Agency and get started on important insurance coverage.