Real-Life Situations Renters Insurance Covers
Renters insurance is one of those policies that not all renters have but one that all renters need. Even though you may think that the worst will never happen to you and your rented space, the reality is that accidents can happen to anyone. Renters insurance can be the safety net that you need in an unfortunate situation. Here are just a few scenarios where renters insurance in Long Island, NY can save you and your bank account.
Many renters continue to dismiss renters insurance under the belief that they don’t have enough possessions to protect or that renters insurance is too expensive. The reality is that renters insurance is needed by renters and can be extremely affordable when working with the right insurer. The following situations are just a handful of disasters in which renters insurance can save the day.
Your friend gets injured.
You invite all your best buds round to watch the big game with some pizza and cocktails. It has all the makings of a perfect afternoon! Your friend heads into your kitchen for a refill, slips on the tile, and really hurts himself. Because this person slipped in your apartment, he could hold you liable for medical and other costs associated with the injury. It’s happened before, and even good friends can hold you accountable for their injury costs. Luckily, renters insurance can help cover these expenses.
You cause fire damage.
It’s Mexican night in your apartment, and you’re cooking up fajitas for everyone. You move the hot skillet and, suddenly, grease spills on your burner and erupts into flames. In seconds, the cabinets above your stove, your belongings, and stovetop are ruined. Renters insurance to the rescue again! Your policy will cover the damaged items (up to the policy limit) and will pay for you to stay in a hotel while your apartment is being repaired.
Your laptop is stolen while traveling.
Renters insurance doesn’t only cover loss inside the country, but it has your back when you’re abroad, too. For example, you travel to Europe and take your personal possessions with you. You unpack at your hotel to find that your laptop has been taken while you were on the plane. If you have renters insurance, you can file a claim to help replace your stolen laptop, meaning that you save your money (minus the deductible) and get to enjoy the rest of your vacation.
Now that you know how much renters insurance can do to protect your wallet and belongings, are you ready to find the right policy? Contact Premier Risk Insurance and our specialists can ensure you secure and understand reliable coverage.