Renter’s insurance is an important thing to have, no matter what stage of life that you are in. There are many misconceptions about renting, and some Dorchester, MA area residents wrongly think that their landlord’s insurance will cover their possessions if anything should happen to their rental unit. The Vargas & Vargas Insurance team is here to help you learn more about the options that are available to you. Renter’s insurance is something you hope you won’t need but are grateful it’s there if you do!
3 Reasons You Need a Renter’s Policy
- The landlord’s insurance will only cover damage to the building itself. Damage that occurs within your unit will not be covered by your landlord’s policy, as typically, they only cover the building structure and common areas.
- A comprehensive renter’s policy will cover your items from theft, even away from your apartment. A good renter’s policy will protect you from the theft of any covered articles if they are stolen. In many cases, this also includes losses that occur away from your home.
- Your belongings may be worth more than you think. Many renters skip insurance because they don’t think that they have anything of value that requires coverage. This is rarely the case, as most people’s electronic devices add up to a healthy amount! Also consider all of your clothing, sports equipment, household items, and furniture. Your belongings may be worth a lot more than you initially thought.
If you are living in a rental unit without insurance, now is a great time to find out more about the options that are available in the greater Dorchester, MA area. Call or stop by Vargas & Vargas Insurance today and meet with one of our helpful and knowledgeable local insurance agents.
