When you rent a place, it might not cross your mind to get renters insurance. However, it is crucial for providing protection to your personal property from unexpected risks.
Regardless if you live in a suburban rental condo or in downtown Columbia SC,, it's essential to have renters insurance. Often, renters conclude they will be covered under their landlord's insurance policy. But, this is sadly mistaken.
The landlord’s insurance policy usually covers the structure of the building and any fixed appliances. But, it does not protect the renter’s personal items in the event they suffer from damage or theft.
In other words, if a potentially damaging event like a fire, theft or flood occurs, the cost of replacing those items will be on you, unless you have a renters insurance policy to cover you.
Purchasing renters insurance will provide protection against potential liability claims. For instance, if a visitor slips and falls within your rented property and decides to more info sue, your renter’s insurance policy can cover legal costs and any awarded damages.
In conclusion, renters insurance offers much-needed protection for tenants, 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.