Summer Coverage

The Benefits of Renter’s Insurance

There are many benefits to invest in renters insurance. One of the most common mistakes that tenants make is assuming that the landlord’s insurance will cover their belongings in the event of loss or damage. In addition, tenants may think that renters insurance is too expensive. However, the common myths associated with renters insurance that keep tenants from purchasing it can end up costing much more in the long run.

It is imperative to always read the fine print in your lease. You may assume that your landlord is liable for damages caused by leaky roofs or broken appliances, but there could be a clause in your lease that negates landlord liability, such as for theft, or injuries to a guest visiting your apartment. Also, your lease may require you to obtain renters insurance, especially if you live in an expensive apartment.

Guest Injuries

If a guest slips and falls, trips, or has any other accident in your home, you may be liable for injuries and medical bills should your guest pursue you for damage because of your negligence. It is simple to assume that guests are safe in your house, but if they happen to injure themselves falling down on a loose step, or a heavy painting falls and hits them in the head, the medical costs can get quite expensive. If your pet bites a guest you may also face some pricey medical bills.

Issue with Theft

In the event that your home gets burglarized, your landlord will not be responsible for anything stolen, assuming that your landlord is not legally responsible for the break-in. For example, some states require landlords to provide minimum-security measures, and should a break-in occur because the security was not properly provided, your landlord may hold some liability. However, if your landlord is not responsible, the chances of recovering your valuables are typically slim, but renters insurance will protect your stolen property as long as it is listed on your policy and you meet the coverage limits.

Natural Disasters

If your rental home and property is damaged because of a natural disaster, such as wildfire, hail, or tornado, the landlord may or may not repair the home damages, but your personal property usually isn’t covered. Renters’ insurance will protect you in the event that a natural disaster occurs, but keep in mind that a few natural disaster coverage options are considered “riders,” which means they are add-on coverage, such as earthquakes or floods.

If you are unsure about what renters policy to invest in, make sure to contact us. We can answer any questions or concerns that you might have. Being aware of your insurance policy can help protect you, your family, and your belongings from any unforeseen damage that may occur. Make sure to contact us with any questions you may have.

Enjoy Your Summer With Proper Insurance Coverage

Summer is Here

During the summer, many look forward to activities that they can only enjoy during warmer months. Summer is also a time for family vacations and relaxing. Typical summer plans may include outdoor activities, entertainment, and traveling. While these are all great ways to make the most of the warm months, it is important to evaluate additional insurance needs. Accidents are bound to happen, but if they do, these simple insurance tips can help you to enjoy summer with peace of mind.

Remember that although trampolines and pools provide plenty of fun for kids during the summer, they also pose major hazards. Many people are severely injured in accidents involving pools and trampolines each summer. Insurance companies have strict rules for these hazards. Homeowners with built-in pools or even inflatable pools should contact their agents for information about pool coverage and rules for securing the pools. If you are not sure if your policy covers a pool or trampoline, make sure to contact us and we can advise you on the options you have.

You might even want to consider having insurance for your boat. Large boats are usually not covered at all, and separate boat insurance is needed to provide protection in the event that someone is injured on the boat. Jet skis and other personal watercraft items also require separate policies. Sometimes a supplemental insurance policy is needed.
While traveling on a trip or weekend getaway, it is important to be protected. Know what a home insurance policy covers before leaving for the trip. Not all policies cover personal belongings a traveler takes along for the trip if they are stolen. While some items may be covered, there is still a deductible to think about. It is recommended that you contact us so we can advise you on the best insurance policies for you and your family.