When you live in a rented home, you need to have renters’ insurance to protect yourself and your finances. If you don’t have one of these important policies in place, call us right away at Kriener Insurance in Woodbury, MN to talk to an agent.
Your Possessions
When you rent a home, chances are that everything you own is inside it. That makes it vital that you have a renters’ insurance policy. This type of policy protects you by covering your belongings against being ruined or destroyed. If an accident, calamity or disaster results in your items being seriously damaged or completely destroyed, your renters’ policy would help you to get them replaced. This is valuable for every renter so that they never find themselves without anything after a serious incident.
Covering Your Standard of Living
If you live in a rental, what happens to you if it is seriously damaged or destroyed? If you don’t have any insurance, chances are that you would be out of luck and have to try to come up with enough money to live elsewhere while the repairs were being made. However, with a renters’ policy, your policy will pay for you to move to a habitable address and to stay there until you can return to your rental. This allows you to keep a stand of living that is similar to what you had before the incident happened.
Protecting Your Finances
If you were to have someone in your rental that had an accident and became injured, you would likely be liable for their medical bills. If you don’t have renters’ insurance, you are likely to be sued for those bills. However, with a renters’ policy, those bills get paid by the policy, and no lawsuit is required.
Get Your Renters’ Policy
If you don’t have this policy in place, call us at Kriener Insurance in Woodbury, MN.
