Some people are not interested in owning a home. They prefer to rent and leave the responsibilities of upkeep and taxes to their landlords. Even so, it’s still a good idea to have some type of insurance protection. If you are a dedicated renter, here are a few reasons why St Augustine FL renters insurance is something that you should carry.
Protecting Your Guests
While the landlord’s policy likely does have provisions for accidents that occur on the grounds, an injury to a guest in your apartment or home may or may not be covered. For example, the fact that a guest tripped over an area rug and sustained an injury would not be covered by the landlord’s policy. That’s because you are the owner of that rug. If you have renters insurance in place, it will likely take care of any medical costs that result from the accident.
Covering The Costs of Damages Not Included in The Landlord’s Policy
Damage to furniture or other personal belongings is usually not covered under the landlord’s policy, unless the damage is somehow associated with wiring or plumbing issues. If the belongings were damaged as the result of your actions, there is a chance that the terms of a St Augustine FL renters insurance would provide some sort of compensation.
Coverage In The Event of Theft
Your landlord’s policy is unlikely to provide any protections based on theft. That means if someone breaks into your apartment or rented house, the burden of replacing those stolen items is on your shoulders. If you have St Augustine FL renters insurance in place, there’s a good chance that you can file a claim and receive funds that will help you replace those stolen belongings.
The goal of renters insurance is to provide you with protection should any covered event take place. Talk with an agent today and learn more about how this type of coverage could come in handy. While you hope that the need to file a claim never arises, it’s good to know you have the protection if something does happen.
