If you’re a renter, you might think that you can get away without insurance to protect your personal belongings. However, it’s important to consider whether you’re renting a house, a condo or a studio apartment. Even today, there are many things that people get wrong about renters insurance in Antioch, CA.
Renters Insurance Coverage Concerns
Landlords have insurance. While your landlord probably has insurance to cover the building, your possessions aren’t their problem. If an accident or disaster occurs, the landlord will repair the structure of the building, but none of your possessions.
My roommate has renters insurance so I don’t need it. Some policies cover roommates, but most do not. Even if your roommate’s policy does, it’s a good idea to have your own policy. For starters, these policies have deductibles and limits on the dollars they pay out. Have you talked about splitting the deductible? What if your stuff is more expensive than your roommate’s stuff? If you’ve lost your belongings, you don’t want to be getting into a heated argument with the person you live with.
I don’t have enough stuff to insure. Do you own a tablet? Or a TV? What about furniture and clothing? When we think of valuables in the home, we often underestimate how much and how many belongings we house. Think about all of your clothing, jewelry, appliances, and other goods, and you might be surprised how quickly the value of your possessions adds up.
When you’re ready to secure a quality renters insurance policy, talk to the friendly experts at Jack Stone Insurance Agency. We serve Antioch, Brentwood, and surrounding cities in California. Contact us today to get started!