When you live in a rented home, no matter what type it is, you need to have a renters’ insurance policy in place. It protects you in a number of ways, and it’s dangerous to be without it. If you need renters’ insurance, call us at Dern & Company in Milwaukee, WI.
Protecting Your Possessions
One of the main types of coverage that you get from renters’ insurance is coverage for all of your possessions that are in your rented home. If you rented without any insurance and had a disaster or an accident that caused your belongings to be seriously damaged, you would have to pay for it all yourself. If you have condo insurance, you will get help with replacing your items that were destroyed or damaged. It’s important coverage for anyone who rents.
Your Standard of Living
Another important protection that comes from renters’ insurance is protection against a significant standard of living. If your rented dwelling were to be seriously damaged, it might not be safe to live there for a while. When a rental becomes uninhabitable, your renters’ insurance will provide you with another place to live while yours is being fixed. It can even pay for certain moving and ongoing living expenses for the whole process.
Get Protection Against Liability
You likely intend to have guests in your home from time to time. If one of them should have an accident inside your home, your renters’ insurance will cover the medical bills through its liability insurance. This is a type of coverage that can save you an enormous amount of money in the event of an accident that you are liable for.
Get Renters’ Coverage
If you are rending your home and need it insured, contact us at Dern & Company in Milwaukee, WI.