July 14, 2020

Myths About Renters Insurance

Did You Know?

If your home becomes uninhabitable for reasons covered in your renters insurance policy, the insurance company will reimburse you for your temporary living expenses until you are able to find a new place to live. Renters insurance is there to not only protect the belongings in your home, but so much more.

Renters Insurance Myths

There are so many misconceptions when it comes to what renters insurance is and what it covers. Here are some common myths about renters insurance:

  • I don’t have enough stuff to get renters insurance.

Things add up fast! Your electronics, appliances, clothes and even food are all large expenses that can be protected under your policy.

  • My landlord’s insurance will cover the damages to my belongings.

Typically, a landlord’s insurance policy only covers the physical building, not anything that’s within your walls or another tenant’s.

  • Personal belongings are the only things covered under renters insurance.

Renters insurance can also cover damage to someone’s property within your home. And, depending on the limits of your liability coverage, it can cover some or all of the medical expenses if someone happens to get injured on your property.

  • I can’t afford renters insurance.

Renters insurance can be incredibly affordable. Although pricing can always vary, some policies can cost as little as a couple cups of coffee at your favorite café.

Don’t wait until it’s too late to start thinking about renters insurance.

We spend a lot of time and energy filling our living spaces with items that make it feel like home—it only takes one unexpected event to have it all stripped away. Renters insurance can give you peace of mind knowing that you and all of your belongings are covered. Contact an Acrisure Agency Partner today to learn more. 

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Important Information:

For additional information, please visit our website at Acrisure.com. Products or services identified herein may not be available in all jurisdictions. The information and descriptions contained herein (a) are not necessarily intended to be complete descriptions of all applicable terms, conditions, and exclusions of the policies referenced, (b) are provided solely for general informational purposes, and (c) should not be viewed as a substitute for legal, regulatory, or other advice on any particular issue or for any particular reason. The advice of a professional should always be obtained before purchasing any insurance product or service, and you should not rely on the information provided herein for the prevention or mitigation of risks or as a full and complete explanation of coverage under any insurance policy. While the information contained herein has been compiled from sources believed to be reliable, no warranty, guarantee, or representation, either expressed or implied, is made as to the correctness or sufficiency of any representation contained herein.

This flyer is for informational purposes only and is not intended as professional advice. © 2019 Zywave, Inc. All rights reserved.