If you rent a home, it doesn’t matter which type of home it is. You need renters’ insurance. Many people think about renters’ insurance when they rent a house, but it’s also important to have it for apartments, condos, trailers, and more. If you don’t yet have renters’ insurance, contact us at Craig Insurance Group in Raleigh, NC.

Protect Your Belongings

One of the types of coverage included in a renters’ insurance policy is coverage for your possessions. All of the items inside your rented home are insured when you have a renters’ policy. The best practice is to create an inventory of what you own and keep it in your rented home soon after moving in. This can be done by making a list of all of your major possessions and filming yourself going from room to room so that there is a video record of what you own.

Protect Your Home

Another type of coverage included in a renters’ policy is protection if something should happen to your home that renders it uninhabitable. Several disasters, accidents, and calamities can happen that leave a rented home unlivable. If this should happen, your renters’ policy will pay for you to move to a different residence while yours is being rebuilt or repaired. This protects your standard of living.

Protecting Your Finances

Renters’ insurance also contains some protection against your liability. If someone comes to your home and gets sick or injured, this insurance will pay for their medical bills and lost wages. This keeps you from being sued in the event of an accident or illness.