Moving to a new apartment or condo? Make renters insurance a top priority

shutterstock_227703367-2Watching the local news this winter, we all witnessed the many devastating fires that destroyed countless homes and businesses. While homeowners and business owners are provided assistance with rebuilding their lives through their insurance policies, many renters found out the hard way that their personal belongings are not protected.

If you are currently renting an apartment or condominium and have not secured adequate renters insurance, your property and belongings are not shielded from theft, damage or total loss.

Many renters are unaware that their landlords’ insurance policy strictly covers the property that is owned by the landlord. Though their policy may cover structural damage to your living space, renters insurance fully protects you and your belongings in the case of an accident or natural disaster. Moreover, renters insurance also provides financial assistance to cover any added living expenses you may incur should your apartment become uninhabitable for any reason.

In addition to replacing your stolen or damaged items, renters insurance will also provide liability protection against any injury or loss sustained by guests of your residence, and could pay for necessary repairs if you were to damage another renter’s apartment.

Renters insurance is a smart, cost-effective way to ensure that your home and valuables are protected.

Call OceanPoint Insurance at 401-847-5200 and let our agents tailor a renters insurance package specifically for you.