Renters Insurance 101: Why You Need It and What To Look For with Franke Insurance Services
Are you a renter? If so, you need renters insurance. It’s that simple. Renters insurance protects you from financial loss in the event of a covered incident, such as a fire, theft, or vandalism. It can also help cover the cost of living expenses if you’re displaced from your home due to a covered event.
Why Do You Need Renters Insurance?
As a renter, you’re responsible for your belongings. If something happens to them, you’re on the hook for replacing them. Renters insurance can help cover the cost of replacing your belongings if they’re damaged or stolen.
What Does Renters Insurance Cover?
Renters insurance typically covers the following:
* Your personal belongings
* Liability for injuries or property damage you cause to others
* Additional living expenses if you’re displaced from your home
What to Look for in a Renters Insurance Policy
When shopping for renters insurance, there are a few things you should keep in mind:
* Coverage amount: Make sure you have enough coverage to replace your belongings.
* Deductible: Choose a deductible that you’re comfortable with. A higher deductible will lower your premium, but it will also mean you have to pay more out-of-pocket if you need to file a claim.
* Additional coverage: Consider adding additional coverage for things like earthquakes or floods, if you live in an area where these are a risk.
Get a Quote from Franke Insurance Services Today!
Franke Insurance Services can help you find the right renters insurance policy for your needs. We offer a variety of policies from top-rated insurance companies. Get a free quote today!
Here are some additional things to consider when looking for renters insurance:
* Read the policy carefully. Make sure you understand what is and is not covered.
* Ask questions. If you have any questions about the policy, don’t hesitate to ask your insurance agent.
* Shop around. Compare quotes from different insurance companies before you buy a policy.
Don’t wait another day to get renters insurance. Protect yourself and your belongings today!