If you are renting an apartment in Athens Ohio or anywhere in the country, you should consider renters insurance.
Too often, renters don’t think about insurance, or they think it is just for homeowners. And while renters insurance may not be for everyone, it does have numerous benefits.
It can be helpful if you are renting a one-bedroom apartment in Athens Ohio. And it can also be helpful if you are renting an apartment or house with friends.
Here are a few things you should know about renters insurance:
It is insurance for your items in your rental – Renters insurance provides insurance for items like your computer, television, bed, clothes, furniture and even your bicycle. Your property will be covered for accidents related to fire, smoke, water damage, wind, theft, vandalism and more. The coverage depends on your policy, and it can differ with insurance companies. This coverage can be very, very helpful if there is a problem in your home.
It can cover items in your car, too – If you have renters insurance coverage for your laptop, it will be insured if it is in your car. Other expensive items that you may carry in your care or take to other locations may also be covered.
It can provide you with funding for housing if something happens to your rental – Some policies provide you with funding for temporary housing if your rental unit is damaged. The coverage may pay for housing for a few days or a few months. Once again, this depends on your policy. If you purchase renters insurance, be sure to check on this aspect of the policy.
It may also cover identity theft – Some renters insurance policies cover you in cases of identity theft. The insurance company will alert you to problems and provide professional support.
It is affordable – According to national surveys, the average cost of renters insurance is $15 per month.
Most insurance companies offer renters insurance – Most major insurance companies offer renters insurance. You can look online at companies such as State Farm, Geico, Progressive, Allstate and many others for more information.
Special options are also available – Some policies provide coverage for you in case you damage someone else’s property. Other policies can provide you with medical or legal fees if someone is injured in your rental.
You can purchase additional coverage for jewelry or other very expensive items – Some renters want this extra coverage for special items in their rental units.
Local agents in Athens and around the country also can talk with you about renters insurance. They can explain the policy options and help you find the best policy to meet your needs.
For the best apartments or house for rent in Athens Ohio, talk with our University Rentals staff members today.
Featured image by AbsolutVision, inset image by Progressive.