N. Raleigh | (919) 878-7786
S. Raleigh/Garner | (919) 661-1100

Renters insurance isn't always something people seek out. It seems like an expense you may not want to have. However, there are some key benefits to having this type of insurance in place. The most obvious reason is that your landlord's insurance isn't going to cover your own property in the event of a fire or flood; plus, your landlord’s insurance will not provide you with protection should someone get injured within your apartment. Beyond this, there are several key reasons why you don't want to put off purchasing renters insurance. Man in front of for rent sign

#1: Renters Insurance Offers a Significant Amount of Protection 

Most renters don't realize the amount of risk they face that isn't specifically covered under a property owner's policy. But renters insurance can help cover many types of risk, including: 

  • Fire or lightning 

  • Ice, snow and sleet 

  • Damage from interior water-related incidents, such as from broken pipes 

  • Smoke 

  • Theft 

  • Vandalism or malicious mischief 

  • Damage from aircraft or vehicles 

  • Explosions 

  • Falling objects 

  • Hail and windstorm damage


It’s important to look at your policy to see what specifically is listed. Some policies have specific exclusions too, such as for floods and earthquakes. 

#2: You'll Appreciate the Liability Coverage 

Renters insurance provides liability coverage to you. This includes instances when someone else is hurt as a result of your actions or inactions. These legal expenses can be very high otherwise. Many policies provide up to $100,000 (but this will range depending on your policy), plus more for medical payments coverage. You may also want to consider an umbrella policy that can further extend your coverage. If someone falls or trips on a cord and is seriously hurt, you'll appreciate this component of your policy. 

#3: It Can Help When You’re Traveling 

Renters insurance is also helpful because it can help cover your personal belongings while you are traveling. This includes your belongings within your home or car. If you face a theft loss, for example, from your car, this policy can help cover it. Be sure to check exclusions for this specific need as well. 

Renters insurance is sometimes required by landlords. Even when it is not, it can be a worthwhile investment for renters. 

Are you covered? Call ACF Insurance Services at (919) 878-7786 for more information on renters insurance. 

Posted 7:04 PM

Share |

No Comments

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010

View Mobile Version
Blog IconFrom Our Blog

READ MORE   arrow
Testimonial IconFrom Our Customers
READ MORE   arrow
  • AAA
  • American Modern
  • Builders Mutual
  • Discovery
  • Foremost
  • kemper
  • Lilitz Mutual
  • National General
  • Nationwide
  • Progressive
We have the expertise to find you the right coverage at the right price. 
Get Started   arrow
© Copyright 2021. All rights reserved. Powered by Insurance Website Builder.