Even if you don’t own a home, you still have a lot of property to protect. And just because your landlord has coverage doesn’t mean that you do, too. In most cases, your landlord’s insurance policy covers only structural damage to the building itself. If the structure goes up in flames, your landlord’s coverage would include repairs to the building, but not reimburse you for your possessions.

Renters insurance provides protection against both property loss and liability in the event that you cause injury or property damage. To learn more about what that means, we’ve covered some basics below.

 

What does renters insurance cover?

  • your possessions against damage for things such as fire, smoke, lightning, vandalism, theft and water damage
  • additional living expenses related to making other living arrangements
  • medical expenses for treating people injured on your premises
  • property stolen, lost or damaged anywhere you happen to be
  • legal defense costs in a lawsuit

 

Is Coverage Affordable?

Because renters insurance covers only the value of your belongings, not the building, the premium is relatively inexpensive. For about the same cost as going to the movies once a month, you can gain peace of mind, regardless of life’s unexpected mishaps.

 

Contact us at Neckerman Insurance Services today at 608-238-2686 to learn more about all of our personal risk management and insurance solutions for your home, auto, and life.

Testimonial

"The group at Neckerman has provided exceptional service for the insurance needs of my business and my personal residence. Having a local, friendly representative meet with me conveniently at my office for discussions and paperwork played a big factor in my choice with Neckerman (thank you, Kyle Fetters). I appreciate the individualized service and would highly encourage anyone to consider Neckerman for their insurance needs."

- Katarina L.