If you rent a home, it’s a good idea to purchase a renters insurance policy. At Southern Risk Associates, we offer renters insurance policies in Foley, AL.
The following are four features of renters insurance that you should know about:
Renters insurance can cover the costs of living expenses after an accident.
Living expense coverage is one of the best things about renters insurance. This type of coverage will pay for you to stay in a hotel or in some other alternative lodging after an accident that damages your rental unit and makes it uninhabitable.
Living expense coverage is important because it can be expensive to pay for another place to live in an emergency situation after an accident in your rental unit.
Renters insurance covers items in your vehicle.
Some consumers don’t realize that renters insurance doesn’t only cover belongings within one’s rental unit. Renters insurance also covers belongings in the policyholder’s vehicle.
Renters insurance protects you from liability expenses.
Renters should have renters insurance so that they don’t have to pay out of pocket for liability expenses. If you get sued because of an injury that occurs in your rented home, your renters insurance will pay the resulting costs after your deductible amount.
Renters insurance may cover possessions that you keep in an off-site storage unit.
Many renters keep belongings in a storage unit at an off-site facility. If you have renters insurance, your renters insurance policy might offer coverage for items that you decide to keep in a storage unit.
Need More Information?
When you’re looking for renters insurance in Foley, AL, you can call us at Southern Risk Associates to learn more about renters insurance policy features. You can also get in touch with us to get a quote on a renters insurance policy.