If you’re on a budget, you may be tempted to save money by skimping on insurance. Renters’ insurance, however, is essential to protecting your belongings. It also keeps you safe from liability issues that can deplete your finances. If you’re renting a home in Fords, NJ, renters insurance from Five Star Insurance Agency isn’t a luxury, it’s a need.
Understanding Renters Insurance Coverage
Renters’ policies in Fords, NJ offer various types of coverage to protect your interests. Here are just a few:
Property coverage – protects your personal belongings to include clothing, furniture, electronics, artwork, sports gear, and other items. If any of your goods are stolen or damaged in a covered peril like fire, rainstorm, or tornado, your renter’s insurance will help pay to have them repaired or replaced.
Liability coverage – protects you against liability issues by paying the medical costs of anyone who’s accidentally injured on your rental property. Accidents happen, that’s a fact of life. With liability coverage, you don’t have to cover the cost of accidental injuries out of pocket.
Additional Living Expenses coverage – covers the costs of living elsewhere while your rental home is being repaired after a disaster. This could include hotel bills, dining out, travel expenses, and more.
Who Can Benefit from Renters Insurance?
Anyone that rents a home, condo, or apartment can benefit from the protection that renter’s insurance has to offer. If you own expensive goods, property insurance will protect these valuable investments so you don’t have to replace them on your own in the event of a disaster.
Where Can You Purchase Renters Coverage?
Renters insurance can be purchased at Five Star Insurance Agency. For your convenience, we serve residents in Fords, NJ, and surrounding communities. Call or visit us today for the renter’s policy you need.