Renter's Insurance

Leigh Insurance Agency's Newsletter

Do I need Renter's Insurance? 

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Please see our post below regarding Renter's Insurance in the State of Florida! It is better to be prepared in the case of an unexpected event! 
As always, if you have any questions or have a subject you would enjoy learning more about, email our Marketing Director, Bethany, at bethany@leigh-insurance.com!

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​Q: Is renter’s insurance worth it? 
Imagine another hurricane comes through the St. Augustine area and you are renting a condo that has complete water damage – we of course wouldn’t wish this on anyone, but as we have all seen, it happens! Without renter’s insurance, your landlord is not required to pay out on your lost property. However, renter’s insurance covers you from power surges, fires, weather damage, theft/vandalism, water damage, and more. 

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Q: What is renter's insurance? 
A: ​Renters insurance is for anyone renting an apartment, condo, house or anything else. It is an affordable way to cover your belongings and help pay for unexpected expenses. The average renter has nearly $28,000 worth of belongings, according to ASI. Without renter’s insurance, and in the event of an unexpected event, everything would be 100% on you. 

Q: What does renter’s insurance cover? 
A: Renters insurance covers your personal possessions, living expenses if your place is damaged and even certain lawsuits and injuries.

• Personal Possessions: Items such as clothes, electronics, furniture, tools and the appliances you purchased are covered. They are covered against fire, theft/vandalism, tornadoes, and water damage. You will most likely have to have extra coverage for jewelry and other expensive items.
• Temporary Living Expenses: If your place is damaged and you need somewhere to stay, your renter’s insurance will pay for your hotel/living expenses and even pays you back for meals (above what you’d normally pay).
• Lawsuits & Injuries Against You: Renters insurance policy covers others’ medical bills if they’re hurt at your place. It also covers you if someone else sues you over their injuries or property damage (personal liability). 

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