{"id":161,"date":"2026-08-31T12:00:00","date_gmt":"2026-08-31T18:00:00","guid":{"rendered":"https:\/\/www.krienerinsurance.com\/blog\/?p=161"},"modified":"2026-08-16T16:15:27","modified_gmt":"2026-08-16T22:15:27","slug":"why-should-i-get-renter-s-insurance-if-i-don-t-have-a-lot-of-assets","status":"publish","type":"post","link":"https:\/\/www.krienerinsurance.com\/blog\/why-should-i-get-renter-s-insurance-if-i-don-t-have-a-lot-of-assets\/","title":{"rendered":"Why Should I Get Renter’s Insurance if I Don’t Have a Lot of Assets?"},"content":{"rendered":"

About Renters Insurance and Why You Need It<\/h2>\n

Regardless of how many assets you may or may not have, unexpected things happen every day that can leave you living in a financial nightmare. Here at Kriener Insurance, we want to make sure our Woodbury, MN, residents have peace of mind when unexpected events occur that may lead to financial ruin.<\/p>\n

Benefits of Renters Insurance<\/h2>\n

Having renters’ insurance is a low-cost way to provide protection. While landlords have insurance to protect the building, it does not provide coverage for your personal belongings, such as clothing, electronics, and furniture. Their insurance also does not cover an accident a visitor experiences in your home. A renter’s policy would take care of medical or legal fees for the injured visitor. If you have a pet, and it bites someone visiting you, your policy covers that, too.<\/p>\n

Severe weather may damage the building, requiring you to live elsewhere while repairs are made. A renter’s policy provides for food and housing expenses while your rental unit is unavailable.<\/p>\n

In Minnesota, a roommate may be listed on the renter’s policy, so they also have coverage.  Requirements vary by insurance companies regarding co-insured\/joint policies.<\/p>\n

Downside of Not Having Renter’s Insurance<\/h2>\n

Without a renter’s insurance policy, you are responsible for all out-of-pocket expenses. This means it will be up to you to replace all items lost due to a fire, severe weather, or theft. You will also pay for any living expenses if you must leave your rental due to damage. <\/p>\n

Contact Our Team<\/h2>\n

At Kriener Insurance, our team of experts know the benefits of you having a renter’s policy, as well as what can happen if you don’t. Enjoy your home in Woodbury, MN, stress-free with a renter’s policy in place. Call us, and we’ll get you covered.<\/p>\n","protected":false},"excerpt":{"rendered":"

About Renters Insurance and Why You Need It Regardless of how many assets you may or may not have, unexpected things happen every day that can leave you living in a financial nightmare. Here at Kriener Insurance, we want to make sure our Woodbury, MN, residents have peace of mind when unexpected events occur that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[24,9,12,25,11],"class_list":["post-161","post","type-post","status-publish","format-standard","hentry","category-renters-insurance","tag-insurance","tag-kriener-insurance","tag-mn","tag-renters","tag-woodbury"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t