4 Benefits of Renters Insurance

Renters insurance gives you peace of mind by protecting your valuables wherever you go. Renters insurance is a good investment, yet the bulk of tenants don’t know how valuable renters insurance is. As such, at Brock and Poole Insurance Agency of Collierville, TN, we have highlighted benefits you accrue when you invest in renters insurance.

It protects your assets

Consider everything you own — it’s pretty valuable, right? If someone breaks into your apartment or condo and makes away with your expensive laptop or TV, would you replace it without blinking? Even if you have the money, the replacement will pain you. It’s for this reason we encourage tenants to purchase renters insurance. This insurance plan compensates you when you lose your belongings to damage or theft by a covered peril. 

Liability protection

If a guest breaks a leg or injures their back when inside your dwelling, you could be held responsible for their medical expenses. Worse yet, your finances could be ruined if they go ahead to sue you. Thankfully, if you have renters insurance, it covers liability claims for damages you, your family members, and pets cause to other people.

Loss of use coverage

Should a peril like fire cause you to relocate from your dwelling, renters insurance puts you in a hotel and pays for the additional living expenses like food, accommodation, gas, and laundry.

Coverage on the go

Another unique benefit of renters insurance is that it protects you wherever you go. For instance, if someone breaks into your car and steals your laptop while shopping, renters insurance got you. So, whether you are traveling for work or leisure, renters insurance got your back.

Renters insurance in Collierville, TN

Looking for an affordable renters insurance policy? Please get in touch with Brock and Poole Insurance Agency for all your renter’s insurance needs.