Renters Insurance

When you rent an apartment, townhouse or other property, getting renters insurance should be one of your top priorities. In some instances, renters make the mistake of assuming that their property and belongings will be covered under the landlord’s insurance. However, in many instances, this is not the case. That’s why having renters insurance is crucial for protecting your property from theft or damage caused by weather or other factors.

Credo 1 Solutions offers affordable renters insurance to give you the security of knowing your property is covered if it’s stolen, damaged or destroyed. For many apartment complexes or leasing companies, having renters insurance is required before you’re able to move in. Call us today to get your policy set up.

Is Renters Insurance Necessary?

Though it is not mandatory to have renter’s insurance, it certainly is recommended. Landlords may even require that their tenant purchase renters insurance before they move in. The reason for this involves liability coverage for the leasing company and other tenants. An example could be if you accidentally start a fire and for all damaged property that incurs, the affected tenants and landlord will receive reimbursements through your policy.

Though it may not seem like renters insurance could serve you well at the moment, unexpected and unfortunate events can happen. Make the wise decision to stay prepared and protect yourself from losses.

Your Things Are Worth Insuring When You Think About It

Initially, you may think that the things you own may not be worth a whole lot, but if you were to actually write down each one of its values, you may be surprised! For each electronic device, article of clothing, or piece of furniture you have purchased in the past, they hold some type of value. Imagine if all of these things were lost in a devastating natural disaster or accident and you had to start from scratch acquiring them. This is where having renters insurance immensely helps and prevents a total loss from happening.

Coverage and Price

Renters insurance covers your personal belongings against damage and loss. This includes fire, theft, as well as smoke and anything else that can be considered destructive. Your contents insurance may give actual-value reimbursement for your items or for a higher premium, could fully cover the replacement cost. However, if most of your items are more worn or older, you may think of paying more for your policy so you replenish your lost items with new ones.

For as little as $15 a month, and for others it can be even lower, you can be covered with renters insurance. By allocating this small amount per month, you could be saving yourself grief and money for the future!

For more information regarding automotive Insurance in Virginia, Maryland, West Virginia, and District of Colombia, call 703-803-8191 to speak to an insurance agent from Credo 1 Solutions today