For anyone renting an apartment, condo, or house, renters insurance will provide protection for your possessions and even liability coverage to protect you and your family from loss or destruction.   One of the most common misconceptions renters have is that if their belongings are stolen or destroyed, they will be able to turn in a claim on their landlord’s policy.
In addition to providing protection against standard claim like fire or lightning, a renters policy will also provide coverage for theft, vandalism, windstorms, and even water damage.  A renters policy will also provide liability coverage and defense costs for bodily injury or property damage you or a family member causes to others.
Like a homeowners insurance policy, a renters policy will also provide additional living expenses if you are forced out of your dwelling for a covered claim.
As renters insurance policies do not cover the entire dwelling like a homeowners policy, the premiums are much cheaper than a homeowners insurance policy. (And you can bundle them with auto insurance policies allowing you to take advantage of even more discounts.)
If you have any additional questions, or if you live in the Arvada or Denver Metro area and would like a quote on your renters insurance policy, please contact our office today.