Who Needs Renters Insurance?
Whether you rent a student apartment outside of Wellesley College or enjoy the luxury homes in Hastings Village, most renters see insurance as something only needed by homeowners. However, home insurance policies do not typically protect renters and their property. For this reason, renters should consider renters insurance. Fires, theft, and other disasters may cause renters significant loss, whether it is their belongings of use of the rented space. If you are a renter, check out why you should get renters insurance in Wellesley, MA.
What Renters Insurance Covers
MA renters insurance is designed to cover your personal belongings plus additional items such as reimbursement for living expenses when you are displaced from your home after a disaster. Most perils include fire, hail, windstorms, theft, and more. It is important to note that renters may need to secure extra coverage for flood and earthquakes since these two disasters are often excluded from coverage. It is important to know the specifics of your policy. Renters insurance can include liability coverage, too, should a guest get injured on your property.
Renters Insurance Rates
Believe it or not but renters insurance is more affordable than you may realize. Discounts are often available if you combine renters insurance with your auto insurance policy. By bundling your policies, not only do you save money, but you get to organize your coverages under one insurer. This makes renewing your policies a snap!
Should something catastrophic happen to your home, such as a fire, the financial burden could be tremendous. Not only would you need to find a new place to live quickly, but you would need to rebuild your life and all of the belongings that were lost. Even if you believe that you don’t have items of value, your belongings and property will add up to a fair price. You don’t want to go without protection. Renters insurance can make a huge difference to your financial wellbeing.
For the protection your rental property needs, secure reliable renters insurance in Wellesley, MA. Contact CAV Insurance Agency for your quality coverage today.