As a renter, you may not think that you need insurance. After all, your landlord’s insurance should cover any damage to the property, right? Wrong. Renters insurance is a vital form of protection for anyone who is currently renting. Consult with us at Kriener Insurance in Woodbury, MN to learn more about your options.
Here are five things you need to know about this form of insurance:
1. It’s Not as Expensive as You Might Think
One of the biggest myths about renters insurance is that it’s expensive. The truth is, it’s actually quite affordable, and when compared to the cost of replacing your belongings, it’s a bargain.
2. It Covers More Than Just Your Belongings
While most people think of renters insurance as protection for their belongings, it does much more than that. Renters insurance also provides liability coverage if someone is injured while on your property. This is important because it can help protect you from being sued.
3. It’s Not Just for Those Who Own Valuables
Another common misconception about renters insurance is that it’s only for those who own expensive items. This simply isn’t true. Even if you don’t have any expensive belongings, it’s still a good idea to have this type of insurance.
4. You May Need Extra Coverage for High-Value Items
If you own any expensive items, such as jewelry, you may need to purchase additional coverage to be fully protected. Most renters insurance policies limit the amount they will pay for certain items, so it’s important to check with your agent to ensure all of your belongings are covered.
5. It’s Worth the Peace of Mind
At the end of the day, renters insurance is worth it for the peace of mind it provides. Knowing that your belongings are protected can give you a sense of security and help you sleep better at night.
Give Us A Call
Now that you know more about renters insurance, it’s time to get protected. Contact us at Kriener Insurance in Woodbury, MN for all your insurance needs. We’ll work with you to find the right policy for your situation and help you get the coverage you need at a price you can afford. Give us a call today to get started.