Is renters insurance expensive?

If you rent in Woodbridge, NJ, hopefully, you are considering acquiring a renters insurance policy to protect yourself against losses. While many people consider it an unnecessary expense, it is surprisingly affordable and offers protection that could make a large difference in your life. A landlord’s policy will not protect your personal property.

What Renters Insurance Does

If your rental property is burglarized or if there is a fire, you could lose your possessions, including appliances, clothing, entertainment systems, and other important items. Your landlord’s property insurance will not cover your personal losses. That means that you could be forced to start over and pay for everything out of your own pocket. It may take years for you to replace the items you lose. Renters insurance can also cover a temporary residence to stay when your home is damaged, and help you replace items stolen from your vehicle. 

How Much Does Renters Insurance Cost?

When you get a quote from Five Star Insurance Agency for renters insurance, you will be pleasantly surprised or even shocked when you find out how inexpensive it is. Unlike a homeowners policy, you will not need to cover the building and property. Some renters insurance policies start out very low but it is dependent on how much is covered and your situation. 

Be careful, though. You can get a comprehensive renters insurance policy that gives you the kind of protection you need for your own situation, with the deductible you deserve. A few dollars could make a big difference, because renters insurance costs so comparatively little. 

If you are in Woodbridge, NJ, talk to the agents at Five Star Insurance Agency today. We will inform you of all of your options and answer all your questions. Contact our agents to receive a quote and get started.