When you rent a place, the idea of obtaining insurance for renters could be far from your thoughts. But, renters insurance is essential to equip your valuable belongings with protection against potential threats.
Whether you live in a suburban rental condo or in downtown Columbia SC,, it's essential to have renters insurance. Frequently, people believe their personal possessions are insured under their landlord's policy. However, this is a common misconception.
Landlord's insurance generally covers the building and any appliances or fixtures. But, it does not protect the renter’s personal items if they come under harm or theft.
That is to say, should your possessions suffer loss or damage in an event like a fire, flood or break-in, it falls on your shoulders to replace your damaged goods, unless you have insurance for renters.
Investing in insurance for tenants will provide protection against potential liability claims. For example, if someone is injured at your rented place and chooses to file a lawsuit, 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. Whether you rent in Columbia SC’s downtown or in its suburbs, it’s time to consider protecting your possessions with renters renters insurance in Columbia SC insurance.