Most people think that if their landlord has insurance, they don’t need renters insurance. But this isn’t the case. Landlord insurance doesn’t cover everything, and even if it did, it may not best suit your needs to rely on your landlord’s policy instead of getting your own. Americas Insurance Associates is here to provide Florida renters a guide on this vital insurance coverage.
Why do I need renters insurance if my landlord already has insurance?
Landlord insurance covers the building and property that is owned by the landlord. It does not cover the tenants’ belongings and may not cover any injuries that may occur on the property.
Renters insurance covers your belongings in the event of a fire, theft, or other disasters. This includes your furniture, clothing, electronics, and other personal items. It also provides liability coverage in case someone is injured in your home.
For example, if you have a party and someone gets injured, your renters insurance would help cover the costs. Renters insurance is affordable and easy to get. You can usually get a policy for less than $200 per year. And you can buy it online or through an agent.
Your renters insurance policy may provide coverage for rent if you are unable to work due to an injury or illness. Check with your insurance company through your Americas Insurance Associates representative to see if this is a covered benefit.
Get The Right Coverage Today
Whether or not your landlord has insurance, you should always have renters insurance for your own peace of mind and protection. So the next time you’re shopping for a new apartment, consider getting a policy before signing that lease!
If you have any other questions about renters insurance or any other type of insurance policies, give Americas Insurance Associates a call today. We proudly serve Florida.