Do you need Renters Insurance?
If you buy a $300,000 house, you know you need to buy Home Owner’s Insurance. You understand the need to protect one of the biggest investments of your life. Plus, you will need it if you take out a mortgage.
But what if you rent a home or apartment? You aren’t alone. According to Zillow, 35.7% of homes in the U.S. are rented.
You don’t need Home Owner’s Insurance if you’re a renter. But what would you do if someone broke into your rented home and stole your electronics? What if a fire destroyed all of your personal property? Would you have enough cash on hand to replace those items?
Probably not. Don’t think your landlord’s insurance will cover damage to your personal property.
Renters Insurance helps protect your personal property and more. It is affordable, yet only 37% of renters have it, according to the Insurance Information Institute.
What You Need to Know About Renters Insurance Berks, Bucks, Chester, Delaware, Lancaster, Lehigh, Montgomery, and Philadelphia Counties
Your Renters Insurance policy will cover your personal property against theft or damage subject to the limits and deductibles you select. The coverage applies even when you are away from home.
For a small additional premium, you can choose to carry full value coverage on your personal property. Full value coverage helps ensure that you receive the full replacement cost of items that are damaged or stolen without deduction for depreciation.
Protect Yourself and Your Guests With Renters Insurance in Pennsylvania
Your Renters Insurance policy protects you and your family against certain bodily injury and property damage claims for which you are liable. It also provides legal defense if someone sues you after a covered loss, subject to the limits you have selected.
In addition, you can select medical payments coverage. This coverage pays for medical expenses incurred by a visitor who is injured at your residence regardless of fault. Various limits are available.
Get the Right Amount of Renters Insurance Coverage in Pennsylvania at the Best Price
Whether you’re just starting out, between homes, or downsizing, Berkshire Insurance Services will help you pick the Renters Insurance coverage that best fits your needs.
Give us a call today at (610) 413-9880 and get covered. Be sure to ask about available discounts. A few discounts include burglar alarm credits and the account credit for customers who package auto policies with their renter’s policy.
Extra Coverage Doesn’t Have to Cost a Lot
If you have special valuable items such as jewelry, art, antiques, or collectibles, ask about our Valuable Articles option. This option provides broader coverage and no deductible in the event of a covered loss.
You have a lot of things that are important to you – from your clothes and furniture to your sound system, sports gear, and computer. And you want to feel confident that everything you’ve worked for is not at risk.
Let Berkshire Insurance Services help you find coverage options that protect you, your family, and your personal property. Call us at (610) 413-9880 or contact us online, and let us help to make sure you’re properly covered.