How Renter’s Insurance Protects More than Just Your Possessions

protections included in your renters insurance policy

How Renter’s Insurance Protects More than Just Your Possessions

Learn how a renters insurance policy can offer more protection than you realized.

When most people decide that they don’t need renters insurance in Orange, California, it is because they feel like they don’t own anything of particular value.  While a renters insurance policy does provide coverage for your personal possessions, this type of insurance actually offers other protections that make it valuable.  Curious to learn more about these coverages?  Then read on to find out what renters insurance can do for you.

Loss of Use Coverage

What would happen if your rental was temporarily uninhabitable due to damages caused by vandalism, a major weather event, or some other issue?  Well, if you do not have renters insurance, then you would be financially responsible for finding a temporary place to live while your rental is undergoing repairs.  However, if you do have a renters policy, then you have loss of use coverage.  This coverage will assist with the costs associated with finding a place to live while your apartment or rental home is undergoing necessary repairs.

Personal Liability Coverage

Imagine what would happen if someone injured themselves while inside your rental.  Whether they slipped and fell, got bit by your pet, or had some other accident, you would likely be held liable for their injuries.  In fact, the injured party might even decide to take you to court over the issue.  If this were to happen to you, then you would be financially responsible for handling the injured party’s medical fees along with your own legal expenses.  Luckily, if you have renters insurance, then your policy includes personal liability coverage which would help you address these costs.  While you might believe that you are unlikely to get sued, keep in mind that lawsuits—even among the best of friends—are common occurrences in today’s society.   No one is completely immune to a personal liability issues, and this is why it’s so important to have the right personal liability coverage to address your risks.

These are some of the ways that renters insurance protects more than just a policyholder’s belongings.  Interested in finding the right renters insurance in Orange, California?  Then contact the professionals at Remland Insurance.  We are ready to get you the coverage that you need today.