Do I really need Renters Insurance?

It's been a long day and you're excited to finally return home for the evening. You arrive at your apartment complex and are greeted by the shrill sirens of firetrucks. Your building has just burnt down and all of your belongings have been destroyed. Who will pay to replace all of your belongings? Where are you going to live? 

Having Renters Insurance can help answer these questions and more! It will reimburse you for lost or damaged items and will pay for the cost of a hotel and meals if your home is uninhabitable. Although your landlord probably has some type of insurance, it probably won't cover your personal losses. The only way to ensure your property is safe is to purchase Renters Insurance! 

Additional Coverages

It's Saturday and you've decided to take your dog on a walk at a local park. While walking you become thirsty and drop the leash for just one second to take a drink. Unfortunately, your dog decides to run off and bite a child's leg. The parents are planning on suing you for medical expenses. Luckily you've purchased Renters Insurance and have Personal Liability Coverage! This coverage gives you liability protection against claims caused by unintentional acts. This includes acts committed by you, qualified family members, or your pets. 

Costs

Did you know you can receive a discount on Renters Insurance if you don't smoke? If you or family members of your household have not smoked tobacco product in the past two years, you qualify for a discount! You may also receive discounts if you're over 50 years old, purchase Auto Insurance from Farmers, or by maintaining the protective devices (ie fire alarms) in your home.


Are you interested in purchasing Renters Insurance? If so, visit our website for a free quote! Make sure to follow us on Facebook, Twitter, LinkedIn, and Google+ to stay up to date.

Blog Posted by Sarah Sopocy

Social Media Marketing Director 

Greg White Farmers Insurance Agency 

120 Detroit St. Lansing, MI

Picture from Insurance Shark.