For so many people who rent shrug off the need for renters insurance. The reason for this is that they simply don’t think there is a need, but this could not be further from the truth. If you rent, you need this important insurance policy. The following are a few reasons for this.
Property insurance doesn’t cover personal items
The owner of the property you rent carries little, if any, coverage for your personal items. You may be thinking that if there is a fire or other catastrophic event that you will simply sue the landlord. The problem is that you will have to show some sort of negligence on the part of the property owner. Most of the time it is just an accident. This is true with fires, but it is also true with weather and other things that are completely outside the control of the property owner or anybody else. This is why there is insurance, and you are best advised to get a policy. This is true whether you are renting an apartment, a condominium, a mobile home or a house. When a tragedy strikes, you want to be protected.
Storage units are the same story
The same principles that apply to where you live also apply to a storage unit that you are renting. If there should be damage to your unit and this results in a loss of some or all of your property, you will have protection. In addition, renters insurance for a storage unit covers theft. This is no different than the theft coverage of a policy for your residence. Granted, most storage facilities have a certain level of security, but it is also security that you have no control over.
Whether it is the place you are living or a storage unit that you have, but in either case, you need to have a renters insurance policy. There is no down side to it. Naturally, the cost will vary depending upon the value of the policy, but compared to all of the other types of insurance on the market, this is one of the lowest cost types of insurance on the market and well worth having the protection. You can get insurance quotes lodi ca online.