Renter’s Insurance

The Importance of Renter’s Insurance

If you rent a home or apartment, then renter’s insurance is a good financial decision. This coverage protects you financially in the event that damage occurs to your belongings. For example, if you live in an apartment that’s damaged by fire, you couldn’t get reimbursed for your damaged belongings without renter’s insurance.

Do You Need It?

This coverage generally isn’t required, but anyone who rents a home or an apartment should consider it. It’s a great decision to protect you financially in case of a disaster. At least you’d have financial help replacing damaged items.

The Details

If your belongings are damaged, then you can possibly get reimbursed. You will have to file a claim and have it approved. There is the possibility that the claim will be denied, based on the circumstances. But if your claim is valid, you should receive compensation fairly quickly.

Benefits and Coverage

You need enough coverage for your personal belongings. It helps to know how much everything is worth. And if you have highly valuable items, then you might want separate insurance for those items. The benefit of this coverage is receiving financial compensation when your belongings are damaged. Renter’s insurance will come in handy when you need to file a claim. Most renters don’t even think about insurance, but it’s something that can help in the long run.

Elkins (304) 636-0899

1301 Harrison Ave | Elkins, WV 26241

Point Pleasant (304) 675-4132

809 Viand Street | Point Pleasant, WV 25550

Buckhannon (304) 473-0899

236 S. Kanawha Street | Buckhannon, WV 26201