Just because someone is not a homeowner, do not think they do not need to protect their belongings. Renter’s insurance is an affordable and innovative way to protect renters and their possessions. Renters’ insurance in Florida can prevent a substantial financial burden should something happen to make the dwelling unlivable or destroys all their belongings.
Renters are probably already thinking, “It is the landlord’s building. Why do tenants need renters insurance in Florida?” Maybe they are just starting on their own and have not acquired a lot of personal belongings. However, they should still take a moment and look around. Check out the closet and start making a mental note of how much it would cost to replace every clothing item they own. In addition, do not forget the essentials like all new socks and underwear.
Then look through the kitchen. Even if renters eat every meal at McDonald’s, they probably own some kitchen items like dishes, utensils, pots, and pans, and what about furniture? Even if their design style is an early garage sale, what would it take to repurchase all of it?
And then there is the expensive stuff like electronics. There is hardly anyone who does not own a TV (or 2), a computer, or a cell phone. In addition, add in any other entertainment items like video game systems. Finally, they should realize the value of getting a renter’s insurance policy.
The landlord’s policy will not cover any medical expenses.
Too many renters think that their landlord’s policy will cover them because they do not own the property. Sadly, that is a very costly mistake to make. The landlord’s insurance will only cover the building, not the contents. Renters are responsible for everything inside the apartment or rental home and everything inside the vehicle parked outside. They are also responsible for any injuries that might occur inside the rental by their guests.
So, one awkward trip and fall by a friend, and the tenant is liable for their medical expenses. Someone breaks into a car and steals a laptop out of their pocket. If a fire destroys the dwelling, they will need to live elsewhere until repaired, and guess who pays? Suddenly, renter’s insurance sounds like a pretty good deal.
Become familiar with renter’s insurance in Florida
Educate themselves on the things covered by a renter’s policy. There may be exclusions, especially for natural disaster-related losses. For example, living in Florida, they want to do certain damages covered from winds, floods, and hurricanes. If necessary, they may need to buy additional coverage for these situations. Check to see if they are eligible for any discounts. For example, living in a secure community can lower premiums. Likewise, having a sprinkler system, the age of the construction, and even someone’s age can all be potential discounts. However, do not worry if they are not eligible. Getting a renter’s policy is one of the most affordable types.
FL renters insurance is the best way to protect everyone from potential financial ruin should the worse happen. It is affordable and easy to purchase for anyone renting.