When you rent a place, the idea of obtaining insurance for renters could be far from your thoughts. However, it is highly important to equip your valuable belongings with protection against unexpected risks.
Regardless if your rented home is a quaint property in the outskirts or a bustling apartment in Columbia SC, renters insurance maintains its significance. Most of the time, people believe they will be covered under their landlord's insurance policy. But, this is often not the case.
Most landlord’s insurance policies focus on the actual building and the permanent fixtures. But, it does not protect the renter’s personal items if they suffer from insurance for renters damage or theft.
That is to say, if a disaster like a fire, burglary or flood damages or destroys your belongings, it falls on your shoulders to replace your damaged goods, unless you have a renters insurance policy to cover you.
Investing in renters insurance can also ensure protection from liability claims. Let’s say, if a visitor slips and falls within your rented property and they decide to sue you, your renter’s insurance policy can cover legal costs and any awarded damages.
To wrap up, renters insurance offers much-needed protection for individuals renting their living spaces, and might be a worthy part of your budget. No matter your renting location in Columbia, SC, it’s time to consider protecting your possessions with renters insurance.