Do I need renter’s insurance to

cover my stuff?

March 11, 2022 by Ryan Danielson If you rent an apartment or a home, then yes, you need renters’ insurance. One reason is to cover the cost of replacing your personal property. A renter could lose all of their personal belongings in an event, like a fire. The property coverage of a renter’s policy will provide coverage for this. Some people think that their landlord will pay for, or has coverage, for their tenant’s property. This is virtually never the case! In addition, a renter’s policy will provide liability coverage. This will cover the medical bills for your friends if they injure themselves at your place. For example, falling down slippery stairs. Last, this policy provides coverage for additional living expenses. If you’re displaced from your home after a covered loss then this policy will pay for additional expenses like a hotel or the additional cost of rent. Can you afford to replace all of your belongings if lost in a fire? Do you have the money for an attorney, if someone claims you did something wrong that caused injury to them? Renters insurance is very affordable and important for tenants. Please contact our office at 906-779-1900 to speak with an agent for more information!