Have you ever owned a home? If so, you know that it’s important (and sometimes required) to have homeowner’s insurance. These policies help you manage the risks that come with owning a home – fire, flood, break-ins, injuries, etc. But what you may not have considered is how important it is to have renters insurance. After all, if you’re renting a home, isn’t that the landlord’s responsibility? The answer is yes, homeowner’s insurance is the responsibility of the landlord. But your stuff inside the house isn’t the landlord’s responsibility – a landlord’s insurance doesn’t cover a renter’s things.
If that’s something you didn’t know, don’t feel bad. Many people don’t realize that a landlord’s insurance policy only covers the property, not the things inside. That’s why it’s so important for renters to talk with places like Farmers Insurance in Albany about renters insurance. Basically, renters insurance is a policy you take out on the things you have in your home. That way, if something happens (a fire, for example), you’ll have money to replace the things that were destroyed. And the nice thing about renters insurance is that the premiums are very affordable.
So where do you look for renters insurance? The best place is the company that already carries your other insurance policies – like your vehicle or boat insurance. Your insurance company will probably be able to offer you a multi-policy discount for having two or more different types of policies. If you’ve never had an insurance policy, that’s okay too. Just call around or Visit Website of different insurance companies like Farmers Insurance Albany to get an idea of what rates they offer. You may even want to look for companies that offer lots of different types of policies, so that you are prepared for policies you may need in the future.
In the end, it doesn’t matter if you decide to buy renters insurance from your current insurance agent, or find a new company to do business with. What matters is that you get a policy in place as soon as possible, so that your possessions are protected. You never know when a fire, flood or break-in is going to happen. But you can be prepared for these things to happen, with renters insurance.