When you rent a place, it might not cross your mind to get renters insurance. However, renters insurance is essential for providing protection to your personal property against unexpected threats.
No matter whether you live in a suburban rental condo or in downtown Columbia SC,, the importance of website insurance for renters remains the same. Frequently, renters conclude they will be covered under their landlord's insurance policy. However, this is often not the case.
The landlord’s insurance policy usually covers the structure of the building and any fixed appliances. But, this does not include a renter's personal possessions in case they were damaged or stolen.
In other words, if a disaster like a fire, burglary or flood damages or destroys your belongings, you would bear the cost for their replacement, unless you have a renters insurance policy to cover you.
Purchasing insurance for tenants could also ensure protection from liability claims. Let’s say, if a guest gets hurt while visiting your rented home and they decide to sue you, your renter’s insurance policy can cover legal costs and any awarded damages.
In conclusion, renters insurance offers much-needed protection for tenants, and is an investment worth considering. No matter your renting location in Columbia, SC, it is wise to secure your assets with a reliable renters insurance.