Renters Insurance Protects Your Possessions from Loss
When you rent an apartment or home, your personal items such as your jewelry, electronics, and furniture are not covered by the building's insurance policy in most cases. It would be best to have a renters insurance policy to protect your items against theft, fire, and other types of losses. At Bailey Agency Inc., an Alabama insurance agency, we can help find you the policy that gives you the right amount of coverage for your property and helps you get your life back on track.
The Divide Between Building Insurance and Renters Insurance
Rental properties carry insurance policies to cover all structures on the property from basement to roof. However, rental building insurance coverage stops at the interior walls. It does not cover the personal contents that are kept within the property. Renters are considered to have control of the property when they enter into a lease, so the building insurance does not cover an incident such as theft. However, a renters insurance policy will cover against loss and even pay for temporary housing if the rental was damaged and is unlivable.
Renters Insurance Replaces Lost Personal Property and More
Renters insurance provides comprehensive coverage in the event an adverse event happens in your rented unit. It will provide coverage for electronics, appliances, accidental damage on someone else's property and cover the medical expenses for someone injured while visiting your place. It will also cover your personal property after a theft, fire, water damage, windstorm, and other calamitous events that can happen while you're renting.
Give Us a Call Today for More Information
Bailey Agency Inc. is an Alabama-based insurance agency dedicated to helping our clients get the insurance coverage they need. Get in touch with us to discuss your insurance needs and let us find a policy for you that gives you the full coverage you're seeking.