When you rent a place, it might not cross your mind to get renters insurance. Nonetheless, renters insurance is essential for providing protection to your personal property from unexpected threats.
Regardless if you rent a house in a quiet suburb or have an apartment in the heart of Columbia SC, renters here insurance maintains its significance. Often, individuals think that their landlord's insurance will cover their losses. But, this is a common misconception.
Most landlord’s insurance policies focus on the actual building and the permanent fixtures. On the other hand, it does not protect the renter’s personal items if they suffer from damage or theft.
In essence, if a potentially damaging event like a fire, theft or flood occurs, it falls on your shoulders to replace your damaged goods, unless you have insurance for renters.
Getting insurance for tenants will also ensure protection from liability claims. For instance, if a visitor slips and falls within your rented property and decides to sue, your renter’s insurance policy can cover legal costs and any awarded damages.
In conclusion, renters insurance offers much-needed protection for renters, and might be a worthy part of your budget. No matter your renting location in Columbia, SC, it’s certainly feasible to protect your belongings with the right renters insurance.