Why do I need renters insurance?

Renters insurance is one of those things you don’t think about until it’s too late. Many renters may assume that as long as they don’t own the property, they don’t need to worry about covering their possessions. But Spokane, WA renters should be aware that renters insurance is an important part of protecting themselves and their belongings. Capital Insurance explains why.

What Does Renters Insurance Cover? 

Protect your personal belongings by investing in renters insurance. This type of coverage safeguards you against unforeseen events, such as theft, fire, or vandalism. It also offers liability protection should an accident occur on the property for which you are responsible and damages another person’s items or property. Some policies also cover living expenses if you are forced to temporarily relocate.

Renters insurance also typically covers medical payments for guests who are injured at your rented property due to your negligence or an accident on your premises. Lastly, some policies provide identity theft coverage and coverage for personal items while traveling outside of the residence. In short, renters insurance can provide peace of mind knowing that you and your belongings are covered in case of an unforeseen event.            

Why Is Renters Insurance Important?              

Renters insurance is important because it protects tenants from potential risks associated with renting a home. For tenants, it provides financial protection against damage caused by any incident related to their rental property such as theft, fire, or water damage. 

Give Us A Call

Renters insurance is an important element of being a renter in Spokane, WA as it helps protect tenants from potential losses associated with renting. Contact Capital insurance today so that we can get you the coverage you need.