When you’re renting a home or apartment, you may not always think about insurance. In most cases, the landlord will have some type of insurance that covers the dwelling that you live in, and should disaster strike, they are obviously liable for any damage or repair to the home. However, think about it this way – your belongings inside of your place of residence are just as important as those who own their own home. Renter’s insurance covers your possessions inside of the home, whereas homeowner’s insurance covers a mixture of both. Often, a landlord isn’t liable for your possessions, so in case of flood, earthquake or other disaster, you may be left not only out of your apartment, but also without any recourse to replace your possessions. Renter’s insurance is a good idea, even if it isn’t required by your landlord. If you are looking for affordable home renter insurance in Monroe, look no further than American Insure-All.
It’s important as you look over your new policy to read the fine print. Often, renter’s insurance will not cover water damage, and if you want to add this to your policy, it’s an extra fee. This is where being careful comes into play. Should your washer break and flood the laundry room, any nearby possessions may be destroyed (and the washer may be as well). This is a situation where having the right type of renter’s insurance helps. If yours doesn’t cover it, sadly, there’s nothing you can do.
American Insure-All works with over 40 different insurance companies to make sure that you get the policy that fits your needs – and we’ll help you understand it as well. If you’re looking for affordable home renter insurance in Monroe, call American Insure-All at (888)411-AUTO to speak with a member of our staff.