My Account
Click to Call
Get Directions
Having renters insurance really comes in handy if you experience an accident that leads to damage and expense in your rented home. Those renting in Berlin, CT can count on Bogden Insurance Agency to provide them with the renters insurance coverage that they need.
The following are four things to be aware of that you might not know about renters insurance:
You may be able to use your renters insurance to pay for temporary housing.
There’s nothing more stressful than experiencing damage in your home that’s so severe that you can no longer live there. When this happens, it really helps if you have renters insurance that will cover the costs of temporary housing for you.
"Replacement cost" policies generally offer you the most financial protection.
Usually, a renters insurance policy will be a "replacement cost" policy. This means that the policy will reimburse you with enough funds to completely replace destroyed valuables.
It’s best to opt for a "replacement cost" policy rather than an "actual cash value" policy because actual cash value policies will often offer less coverage.
Renters insurance can cover you if you get sued due to an accident in your apartment.
Renters can face liability expenses just like homeowners can. Liability expenses can be high, so carrying renters insurance is important to protect your assets.
You can’t assume that you’ll enjoy coverage through your landlord’s property insurance.
There is a common misconception out there that renters benefit from the property insurance that their landlord carries. However, this is not generally true.
While your landlord’s property insurance may cover repairs to your rental home, this policy is not likely to cover most of your own expenses in the event of damage to the property.
Give Us A Call
Shop around and find a renters insurance policy that is appropriate for your rental unit and your needs. If you want to get a quote on a renters insurance policy in Berlin, CT, get in touch with us today at Bogden Insurance Agency.
