When you rent a home or apartment, it’s easy to assume that your landlord’s insurance protects everything inside.
But here’s something many renters don’t realize:
Your landlord’s insurance generally protects the building—not your personal belongings.
If certain covered events damage or destroy your furniture, electronics, clothing, or other personal property, the landlord’s policy generally isn’t designed to replace those items.
Renters insurance may also provide more than protection for your belongings. Depending on the policy, it may include personal liability coverage and additional living expenses if a covered loss temporarily makes your rental uninhabitable.
That’s why renters should ask themselves an important question:
If you had to replace your belongings tomorrow, could you afford to do it out of pocket?
A quick review of your insurance options today could help you better understand how to protect what you’ve worked hard for.
The KMSG Insurance Agency can help you explore renters insurance options and understand the coverage available to you.
