Over 43 million Americans rent the home or apartment they live. Renting a living space is a great way to save money and reduce the amount of maintenance you have to deal with. If you are on the verge of renting a home or apartment, you need to look at all angles to ensure you are protected in the event of a natural disaster and other accidents.

For years, landlords have invested in comprehensive insurance policies to protect their rental investments. If you want to protect yourself, you need to take a page out of the landlord’s playbook and get the right insurance policies. Read below to find out about the importance of investing in renters insurance.

Assuming You’re Covered Can Come Back To Haunt You

One of the biggest mistakes renters make is assuming their landlord’s insurance policy on the structure they live in protects their belongings in the event of a fire or other natural disaster. In most cases, a landlord’s insurance policy will cover the structure itself and not the items contained inside.

Without a renters insurance policy, all of your possessions will be lost and you will have no way to replace them. Instead of mistakenly assuming that your landlord’s insurance policy will protect, you need to seek out a policy of your own. With the right renters insurance policy, you can replace your damaged possessions quickly after they are destroyed in a fire or natural disaster. The team at Huntington Pacific Insurance Agency can assist you in finding the right renters insurance policy.

Protect Guests In Your Home

As you start to look at renters insurance policies, you need to check the various clauses in each one. If you have guests in your home regularly, you need to find a policy that protects them in the event of an accident. Many insurance policies provide coverage for guests if they are injured and need to seek out medical attention.

Most of these policies also protect people delivering packages to your home. If you are unsure about how to understand the language used in a potential renters insurance policy, you need to allow an experienced insurance agent to help you out. They can help you make sense of this industry jargon and will offer you some direction regarding which policy is right for you.

 Cover Damage You Cause

Most people understand that accidents are bound to happen. If an accident damages parts of your rental home, you need a good insurance policy to cover the expense of fixing these problems. When windows get damaged due to an accident, you will have to pay lots of money out of pocket to get them fixed. Rather than having to spend your hard-earned money on these damages, you can file a claim with the company that insures your rental home.

Are you interested in finding an affordable renters insurance policy? If so, Huntington Pacific Insurance Agency can help you find the policy you need.