Renters insurance is important for tenants to purchase because your landlord’s insurance usually doesn’t cover your personal belongings. Renters insurance, like car insurance, will help give you peace of mind should something unfortunate happen while renting a property. Some items that may be covered include:
Theft – Most renters insurance offers a standard payout, often replacement value, if your belongings are stolen or damaged.
Fire/Water – Renters insurance may pay you for your loss and pay for a place to stay while the damage is repaired.
Personal Injury – Should someone get injured while visiting your rental, renters insurance may provide person liability coverage for their injuries.
Renters insurance is affordable and worthwhile and usually amounts to less than $1-2/day. You can get insurance quotes online from most insurance companies. It may even be possible to bundle your different insurance coverages for added discounts. Be sure you understand what your policy covers, and about available discounts, deductibles and coverage limits. Check with your insurance agent today and so you are better prepared for the unexpected.
Taba Realty & Development, LLC is a full service Kauai real estate company that offers assistance with buying and selling Kauai real estate and also assisting owners with their Kauai property management needs. Please contact us at (808) 742-7110 should you have any questions in regards to our services and you will discover why Taba Realty is the premium choice for all of your Kauai real estate needs.