Pros Of Having Renters Insurance
Over 90% of homeowners have an insurance policy on their home however, less than 40% of renters have renters insurance. When a landlord owns the building or home you are living in, they most likely will only have insurance just for the structure but not what is inside.
Unfortunately, your landlord’s property insurance will not help you if a disaster were to strike. Below are a few pros to having renters insurance:
- If your personal belonging have been damaged or stolen, a basic insurance plan will reimburse you for those items.
- Damage caused by a fire or flood will be covered by a renter’s policy. Also, if your apartment or home was severely damaged and was not livable, insurance will pay or help you pay for other living arrangements.
Although you may not be a homeowner, renters insurance provides you with many protections that may be beneficial in the future or in the event of an emergency. Plans can sometimes be as low as $12 a month. Here at SERVPRO of Roanoke Rapids, we work with your insurance and here to help! Call us today – 252.537.3493