When you rent versus owning a home, you can save a lot of money. There aren’t that many things to keep up with when you rent. For example, you don’t have to pay for homeowners insurance. But just because your landlord has home insurance, that doesn’t mean you don’t need insurance to protect your belongings in the case of a disaster. While the homeowner’s policy covers the physical dwelling, as a renter, you are responsible to buy your own protection for your valuables. Let a Tackett Insurance Inc. walk you through the details of obtaining renters insurance in Oxford, MS.
Why You Need Renters’ Insurance
Your landlord’s policy doesn’t typically cover your belongings. Instead, you can purchase renters insurance to cover your personal property and other factors. If your rental home or condo burns down, you would incur a loss for any of your belongings that are lost or destroyed. This doesn’t paint a pretty picture.
Benefits of Renters Insurance Protection
There are many benefits to buying renters insurance to protect you and your guests. Property protection isn’t the only covered item in a renters policy. If you or someone in your home causes accidental damage to another person’s property, your renter’s policy may help you pay for the damages or to replace the item. Also, if a guest in your rental units hurts themselves at a party or event, you won’t have to sweat it if they threaten a lawsuit. Renters insurance can be customized to include liability coverage. The landlord’s insurance policy doesn’t cover any of these examples.
Make an appointment for a free quote with a qualified Tackett Insurance Inc. agent in Oxford, MS. Let us help you make sure you get the renter’s insurance coverage you need.