Transcript
- How much insurance coverage do renters need? Did you know that the average renter owns $30,000 worth of content items? Imagine what would happen if you had a fire and lost everything... That's what renters insurance is for! Renters insurance is insurance that you as the tenant purchase from an insurance company that covers damage to your personal property in the event that you experience an insurance claim at your apartment. Common types of insurance claims that could be covered under your renter's insurance policy include pipe brakes, roof leaks, fires, furnace puff backs, vandalism, theft, and more. Take a moment to think about all of the things you own and what it would cost if you had to replace everything. That can be a daunting thing to think about, but that's what renters insurance is for. Some things that would be covered under your renters insurance policy include computers and video game consoles, televisions and electronics, furniture like sofas, chairs, entertainment centers, and tables, children's toys, clothing including shirts, jeans, work clothes, shoes, coats, and jackets, and collectibles. What else is covered by renters insurance? Coverage for your personal property in the event of a disaster is a huge reason why you need to have renters insurance, but it's not the only reason. Renters Insurance also covers additional living expenses that you may incur if you can't live at your apartment for an extended period of time as a result of an insurance claim or property damage. This is an important coverage that can cover hotel stays and meal expenses if you can't live at your apartment and helps you avoid worrying about how you're going to pay for these unexpected costs. Another thing that renters insurance generally covers are liability claims and lawsuits that may result from someone that may be injured at your place, including medical bills and legal defense. Do you have enough renters insurance? It's extremely important to make sure that you're adequately covered in the event of damage to your personal property or liability exposure. Contact a local insurance agent to review policy coverage that may be available to you. A local insurance agent will not only be able to review everything with you to ensure that you have enough coverage, but they'll also be able to assist you in navigating the claims process in the event you have a claim. Would you like to take control of your future and build a business you can be proud of? We can help. As a Disaster Blaster Franchise Partner, our industry experts will help you unlock the potential of the $210 billion restoration industry. Disaster Blaster offers the most revenue streams in the restoration industry, training and support from industry experts, a unique model primed for your success, and more! Call our franchise team today to learn more at 242-1042 or visit us on the web at www.DisasterBlasterFranchise.com. Thanks so much for watching. Don't forget to like and subscribe, and while you're here, check out our other great content.