Being a tenant of a rental property in the Moberly, MO area comes with a certain set of responsibilities. Knowing that your landlord has insurance is reassuring, but it’s also important for renters to consider their own insurance needs as well.
Why Renters Insurance?
Even though your landlord may have coverage in place, you’re still responsible for any damage or loss that may occur within the premises. This means that if something like an appliance or piece of furniture gets damaged due to wear and tear, you could be held liable.
For this reason, it’s always a good idea to look into renter’s insurance policies at Swartz Premier Group Insurance. Renters insurance will provide financial protection in the event of a loss or accident involving your possessions. It can also offer liability coverage if you are found responsible for an injury or damage to someone else’s property while at the rental unit.
Renters insurance provides protection against vandalism, theft, and fire damage as well as covers replacement costs if such events were to occur. While this kind of policy isn’t typically needed by everyone, it might be worth looking into if you live in an area with higher crime rates or frequent natural disasters such as hurricanes and earthquakes.
Reach Out To Us
Although your landlord may have insurance in place, it’s important to know what kind of coverage they have and what additional protection you need on your own behalf as a renter. When considering whether or not renters insurance is necessary for yourself, take into account where you live and how much risk there is for theft or other damages outside your control—this will help determine how much coverage you need from an insurance provider.
For more tips, call us at Swartz Premier Group Insurance today. We serve the Moberly, MO area.
