Renting a home or apartment is an exciting and often overwhelming experience. One of the most important decisions you can make is understanding the legal requirements for renting in your area. Our team of insurance experts at Bogden Insurance Agency can help guide you through the process by covering all aspects of renters insurance and legal obligations in Berlin, CT.
What is Renters Insurance?
Renters insurance is a type of insurance policy that covers losses to personal property or liability caused by fires, theft, vandalism, and other covered losses. It also provides financial protection if someone injures themselves or sues you for damages they incurred while on your property. Generally speaking, renters insurance covers any damage to the personal possessions inside your unit, such as furniture, electronics, clothing, and more.
Is Renters Insurance Required in Connecticut?
The short answer is no; renters insurance is not legally required in Berlin, CT. However, it is highly recommended that all renters consider purchasing a policy to protect their belongings from unexpected loss or damage. Your landlord’s insurance typically only covers the structural integrity of the building itself—not your belongings inside it. So without renters insurance, you would be left with nothing should an accident affect your personal items located within the rental unit.
Do I Need Renters Insurance If I Live With Roommates?
If you live with roommates, it’s even more important for each tenant to purchase their own renter’s insurance policy. That way, each person can rest assured knowing that their belongings are protected from any potential losses or damages caused by their roommate’s negligence or carelessness. Without separate policies, everyone would be held responsible for accidental damage to another tenant’s items should something happen, like a fire or flood, causing damage throughout the entire unit.
Give Us A Call
For more information about renter’s coverage, contact Bogden Insurance Agency today!