If you think renter’s insurance isn’t worth the cost, you may have misconceptions about the protection a renter’s policy has to offer. Renter’s insurance from Craig Insurance Group can protect your Raleigh, NC personal property against fire, storm damage, theft, and other mishaps that can lead to financial loss. Before discarding this valuable protection, you should learn the facts about renter’s insurance and how it can benefit you.

Key Facts about Renter’s Insurance

When you rent a home or condo, your landlord is responsible for protecting the property against damage from inclement weather, fire, or other disaster. Your landlord’s insurance, however, won’t cover your personal possessions in the home. This is where renter’s insurance comes into play.

Renter’s insurance is designed to cover your belongings – clothes, furniture, laptop, cell phone, TV, sports gear, etc. – against theft or damage in a disaster to make it easier for you to recuperate your losses.

Here are a few more facts you should know about renter’s insurance coverage:

Renter’s insurance can cover the loss or damage of personal items when you’re outside your home. If your laptop is stolen from a hotel during vacation, for example, renter’s insurance can help cover its replacement cost.
Renter’s coverage can be customized to suit your personal needs. By taking inventory of your possessions and their value, you can obtain just the coverage you need to avoid overspending on your policy.
Renter’s liability coverage can help pay for accidental injuries a guest may sustain while visiting your rental home, so you don’t have to cover these expenses out of pocket.
Renter’s insurance can be bundled with your auto coverage to save on both!