Renting property offers many benefits including financial flexibility and low maintenance costs. The landlord or management company is responsible for the building but they are not responsible for your personal contents inside the rental property or damage you cause to the property.
A renters insurance policy will protect your valuables and provide liability coverage in the event someone is injured inside of, or you damage, the rental unit. Covered claims include medical expenses in the event your pet bites a visitor, theft and fire. Just as coverage to replace personal possessions and insure against liability are vital for home and condo owners, it is equally important for a renter to have coverage that reimburses them for living expenses if their apartment or rented home is destroyed. These are known as additional living expenses and they cover temporary rental costs and other expenses if the rental unit is uninhabitable.
Beimdiek Insurance provides competitive renters insurance solutions in addition to a full spectrum of personal insurance products designed to meet your unique needs.