Reviewing Renter’s Insurance

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Do You Have Renter's Insurance?

Many folks rent rather than buy. They do so for a variety of reasons.

One thing a potential renter should know about is renters insurance. If you are a renter who has renter’s insurance, good job. However, it’s still a good job to periodically review your renter’s insurance.

Some people will skip over renter’s insurance because it is not always required. However, that has changed in recent years, with more and more landlords requiring tenants to provide proof of renter’s insurance.

The typical renter’s insurance policy will cover possessions in the event of a fire, other weather damage, personal injury, vandalism and other disasters. It is important to note that, like most insurance policies, the amount of coverage will determine what damage is covered.

If you have insurance yet have added new items to your household over the last few years, it might be time to review your policy. You may decide you need to purchase more coverage. You need to evaluate your possessions and gain an understanding of their worth. Take an honest assessment of things like jewelry or antiques. This especially applies to things like wedding rings and family heirlooms.

If you have questions about the proper amount of renter’s insurance, or want to discuss policy specifics, contact a trusted insurance agent today.

For more information on renter's insurance in Connecticut, call: 1-866-479-3327


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