Many people who rent their living quarters think their possessions are covered under the landlord’s insurance. However, this is not the case. Renters insurance is designed to provide coverage for your personal possessions that may be lost during a damaging event, such as theft, fire, or vandalism. At Toedt Insurance Agency in Albany, NY, we can help you acquire the renter's insurance you need to protect you against expensive losses.
Younger people often think they don’t have a lot of possessions to justify insurance coverage costs while renting. However, you probably have more items than you realize, and some of these items can be very costly to replace if you suffer an unexpected loss. Renters' insurance is generally inexpensive and can make good financial sense for most people. Renters insurance also covers alternate living quarters if you can’t occupy your rented space while it is being repaired and restored.
Your renter's insurance policy will cover everyday items such as clothing, furniture, sports equipment, kitchen goods, and electronics. It will also cover alternate housing if you cannot live in your apartment while it is being restored. Renters insurance also covers liability if someone is injured while on your rental property. Your policy may also be expanded to cover expensive items you own, such as jewelry, furs, or artwork.
If you have questions about renters’ insurance, our experienced agents can provide thorough, detailed answers to help you find the coverage that’s right for you. We offer policies for home, auto, and the proper coverage. Toedt Insurance Agency LLC today for a no-obligation quote on renters’ insurance that can protect against expensive financial loss from unexpected events.