DEBUNKING COMMON MYTHS ABOUT RENTERS INSURANCE

Biggest Concern after Relocating

The biggest concern after relocating to any place whether Tuscany apartment homes, or any other place should be to safeguard your belongings. A. Going by the conventional route, you may have to opt for a variety of insurance policies to cover these risks. Taking out renter’s insurance, on the other hand, compensates you for losses resulting from perils that afflict homeowners. However, some renters still avoid taking out policies primarily due to various misconceptions doing rounds in the market. This Presentation aims to dispel four such common myths.

The biggest concern after relocating to any place whether Tuscany apartment homes, or any other place should be to safeguard your belongings. A. Going by the conventional route, you may have to opt for a variety of insurance policies to cover these risks. Taking out renter’s insurance, on the other hand, compensates you for losses resulting from perils that afflict homeowners. However, some renters still avoid taking out policies primarily due to various misconceptions doing rounds in the market. This Presentation aims to dispel four such common myths.

4 Common Myths

Renter’s insurance is only for high-value belongings.

Landlord will cover any and every property damage.

Renter’s insurance only covers the renter’s personal property.

Renter’s insurance is expensive.

Renter’s insurance is only for high-value belongings.

Many renters believe that just because they don’t possess high-value items such as expensive furniture, accessories, electronics, and room decor, they’ll do fine without renters insurance. Such renters forget to account for typically low-value items such as linen and towels, clothes and utensils.

Landlord will cover any and every property damage.

Renter’s insurance only covers the renter’s personal property.

Many individuals believe that renting an apartment makes them liable to receive compensation from the landlord in the event of damages, as long as they’re using the property. The belief is as far from the truth as it can get, as most landlords opt for policies that cover the building’s structure and not the renter’s property.

Renter’s insurance not only covers the insurer’s personal belongings but may also compensate for damage due to mishaps/accidents at the insured person’s home. For example, renter’s insurance will cover medical bills for injuries sustained by the renter’s visitors while they’re at the property.

Myths Explained

Renter’s insurance is only for high-value belongings.

Renter’s insurance is expensive

Renter’s insurance is affordable when compared to other policies ,and in many cases, the premiums can be as low as $20/month. The amount can increase if you include additional coverage to your existing policy. Moreover, many providers offer multi-policy discounts if you bundle your renter’s insurance with other policies.

Myths Explained

6

Renter’s insurance is a must whether you rent a Tuscany apartment home or any other property. Before you sign the contract, read all documents, terms and conditions, and seek multiple quotes to get the best deal the market has to offer. To save time and effort, check out various websites that provide quotes from different insurers and comparison-shop.

Conclusion

Thank You

Kington Properties

Committed to assist renters in finding comfortable and affordable houses for rent in San Angelo and Lake Jackson

Committed to assist renters in finding comfortable and

affordable houses for rent in San Angelo and Lake Jackson

http://www.kingtonproperties.com