So, you’ve found your new apartment, signed the lease, and now it’s time to move in. You neatly packed all your prized possessions, taking time to individually wrap each delicate item and urge your movers to “BE CAREFUL!” whenever you saw them lifting something fragile.
You put all this hard work into protecting your items to make sure they arrive safely into your apartment or rental home, but have you taken steps to protect these items once they're unpacked and perfectly placed in your new apartment? After you’ve taken your time to perfectly arrange the couches in your living room, or to get your pictures aligned just right on the wall, can you imagine how devastating it would be if your cherished belongings were damaged or lost due to an unfortunate event like a burglary, fire or vandalism? What if you don’t have the money to replace your damaged personal property? That’s one of many reasons you need to obtain Florida renters insurance in case the unexpected occurs.
Why You Need Renters Insurance
Even if the owners of your residence have insurance, their policy only covers damage to the structure itself. If your stuff is damaged by a fire, water damage, theft or another covered peril, you’ll face the daunting task of replacing all of your personal property out-of-pocket. A typical Florida renters insurance policy offers you protection
- For your personal belongings (Coverage C). If your clothing, furniture, electronic equipment or possessions are damaged or stolen, it may be covered, regardless of whether the loss occurs on or off your property. (Tweet This)
- If your property is unlivable due to a covered loss (Coverage D). You can receive additional living expenses (ALE) for expenses such as a place to stay, food and clothing while your property is being repaired.
- Against some lawsuits (Coverage E). If you are sued by someone who is injured on your property or claims that you damaged their property, this section of your renters policy will help you pay for the associated costs.
- For medical payments (Coverage F). If someone who does not live in your home is injured on your property, this coverage will help you pay for any expenses you incur as a result of their injury.
Your insurance agent can help you fully understand renters insurance coverage details, exclusions and limits.
Interested in protecting your belongings? Get a free instant quote estimate of your Florida renters insurance premium from Security First Insurance Company. Don’t forget to ask your agent if you are eligible for any discounts!
Related post: Florida Renters Insurance Guide