You may know that you need car insurance to cover the costs of an accident you cause and life insurance to provide the funds to care for your dependents if you die while you have minor children but you may not be aware of the importance of renter’s insurance. There are several benefits to carrying renter’s Insurance in Kutztown, PA.
Like homeowner’s insurance, renter’s insurance will cover your personal property if your dwelling is damaged or destroyed. The property owner’s insurance policy will cover his or her building but not your personal belongings. If the apartment or house that you are renting is damaged by fire, water or vandalism, renter’s insurance will cover the repair or replacement of your lost or damaged property.
Renter’s Insurance in Kutztown, PA can also protect your personal assets if a guest in your home is injured in an accident. Without insurance, you may be held personally liable for medical costs and damages if a guest falls, cuts their finger while chopping vegetables in your kitchen or is bit by your dog. Your renter’s insurance policy will give you personal liability protection that pays the expenses related to accidents that occur in your home or the costs of defending a lawsuit related to an accident.
Like homeowner’s insurance, renter’s Insurance in Kutztown, PA extends beyond your home. If someone breaks into your car, your car insurance will likely only cover the damage to the vehicle. Renter’s insurance provides coverage for property such as electronics, cell phones and other valuables that are stolen from your car whether it is outside your apartment or parked in the garage at work. You may also be covered if your suitcase is lost or stolen while you are on vacation. There is no need for a separate vacation insurance policy if your renter’s insurance covers your belongings while you are away from home.
Whether you rent or own your home, you need insurance in Kutztown, PA to protect your personal property and your future finances. Your agent can help you choose the best policy for your home and your current living situation.
