David Bell | Sep 05 2019 00:00

4 Benefits of Renters Insurance

Top reasons to obtain renters insurance coverage.

Homeowners across the nation typically understand the importance of insuring one of the most expensive purchases they may ever make. Renters, on the other hand, may not understand the significance and benefits of renters insurance. Some might view renters insurance as an unnecessary expense. Others believe that they don't have enough belongings to insure. To help renters protect their belongings and assets, here are a few top benefits of obtaining coverage.
  • Protection from theft
If your apartment is broken into and your belongings are stolen, you can turn to your renters insurance to replace your belongings.
  • Protection from fire
It only takes a small flame to wreak havoc on a property. Renters insurance provides protection from fire, helping to recover your damaged belongings and even providing funds for living elsewhere while your place is undergoing repairs.
  • Protection from injuries to visitors
If someone visits you and they get injured or their property gets damaged, they could hold you liable for associated expenses. Luckily, renters insurance can help to cover the cost of medical and legal bills.
  • Protection from liability
If you cause a fire in your rental that spreads to your neighbor's property, you may be responsible for the damages they incur unless you have renters liability insurance. Renter's insurance can help to cover the accidents that you cause. Now that you know the benefits, be sure to find suitable coverage. To find the right  renters insurance  policy to fit your needs,  contact  Bell Black Insurance today!  We serve all insurance needs for those in Idaho Falls, Island Park, Driggs, Victor, Swan Valley, Ashton, and the neighboring communities in Idaho, as well as Jackson and Star Valley in Wyoming.