RENTERS NEED INSURANCE TOO! Even though you don't own your own home, you have personal property that can be lost to fires, burglaries and even lawsuits. Renters must protect themselves and their belongings with Renters Insurance.
The first time most people think about property insurance is when they purchase their first home since it is required by the mortgage company. Although renters insurance is usually not required, it is just as necessary to have. Not only will it protect your personal items, but it will also help with temporary housing and liability protection, such as medical expenses for people on your property or a lawyer if you are sued by someone unintentionally injured by you.
If the ceiling in your apartment is damaged by a storm, the ceiling is covered by your landlord. But what about your brand new stereo and TV that was damaged? Also, while the ceiling is being fixed, do you have enough money to immediately find another place to stay? These are the types of things that would be covered by your renters insurance policy.
Renters insurance can help you pay for repairing or replacing personal property that is damaged, destroyed or stolen. It may also cover most lawsuits or claims against you if you are responsible for injuring others or damaging their property.
Advanta offers Renters Insurance that is flexible enough to meet just about any individual’s needs (also known as tenant/homeowners insurance). Renters Insurance not only protects you personally if someone is injured in your apartment, it also protects you financially from property loss due to damage or theft. While you may not own the apartment or home where you live, you do own its contents – furniture, electronics, clothing – and replacing them could be costly.
If your auto and renters policies are insured together, you can realize substantial savings on both. If we insure your Auto,Click here for a Renters Quote. If you have a Renters Policy with us, Click here for a free Auto quote.
Most auto bundling discounts apply even if you are just Renting. Click here for a Renters Quote.
If you are a renter, Advanta can help protect your property – and save you money in the process. To find out more, Request a quote .