If you rent your home, you need to have renters' insurance in place. Without this vital insurance policy, you could find that your standard of living is lowered after a serious accident or disaster. If you're in Alabama and need renters' insurance, call us at Southern Risk Associates in Foley, AL to talk with an agent about your insurance needs.
When you rent your home, it's likely that most or all of what you own is in that home. This makes it vital that you keep renters' insurance to cover your possessions. If a disaster, serious accident, etc., were to destroy your things, your insurance policy would help you replace them. This important protection means you won't have to restart if a terrible incident happens.
If a major incident happens and wrecks your rented home, your landlord has the place insured and will pay to fix it. However, while it's being fixed, where will you go? With renters' insurance, the policy will pay you to move to a temporary home and even pay your living expenses while your rented home is restored. This protects your standard of living and helps to keep you in a habitable home.
If you were to have a guest over, and that guest had a serious accident or got very sick, this could be judged to be your fault. In that case, you would be responsible for paying the resulting medical bills. With renters' insurance, you have some liability protection. Instead of having to come up with the money yourself, your policy will pay those bills up to the policy's maximum.
If you rent a home in Alabama or plan to do so soon, contact us at Southern Risk Associates in Foley, AL to learn more about these vital policies.