To rent a home comes with many advantages. You don’t have to pay to maintain the building, you aren’t stuck beneath a mortgage and you are likely more capable of moving when you want to. One thing that some renters forget about, however, is insurance. Renters insurance in Indianapolis protects you as a renter.
Here are four benefits you might not have known about.
You May Owe Medical Expenses for Injured Guests
If a person is injured on your property, you are liable. Renters insurance helps pay damages to injured guests.
Your Kid May Damage Someone’s Property
Say your kid is over at the neighbor’s house and he or she breaks a valuable antique or a piece of electronic equipment. Your renter’s policy may cover this.
Hotels Will Cost After a Disaster
If a flood or natural disaster leaves your home unlivable, you have to find other accommodations. Often, this means staying in a hotel. Renters insurance can cover these expenses.
Coverage Is for Items You Rent and Borrow
Renters insurance in Indianapolis covers more than just what you own. It covers anything that is in your possession at the time of the claim.
If you rent an apartment, condo or home, you do not want to skip out on renters insurance in Indianapolis.