If you live in the Tampa, FL area as a renter, you may have some questions about renter’s insurance. Fortunately, Morgan Insurance Services is here to guide you through the process. It is important to have one’s own insurance policy in the case of damage or theft at your rental. Our team is here to answer any questions you may have and provide the information you need to make an informed policy choice.
Why you need renter’s insurance
Landlord insurance typically covers common areas within a rental building as well as the structure itself. If there is damage to your individual unit, the landlord’s policy will not provide any coverage. Because of this reality, it is advisable for young people starting to carry an adequate renter’s insurance policy.
The main reason to have such a policy is to protect one’s belongings. In the event of a catastrophe, your individual policy can help you repair or replace any covered items. There are also policies available that may cover some expenses incurred if your residence becomes uninhabitable. Because of these benefits and the potential downfalls of not carrying insurance, it makes sense for everyone to carry renter’s insurance.
As you are starting, it may feel like you don’t have many possessions that need protection. However, having to start over just as you are getting started can be incredibly stressful. Why not protect yourself against any disruption due to a loss.
Don’t go without renter’s insurance!
Morgan Insurance Services is here to answer all of your questions about renter’s insurance in the Tampa, FL area. If you would like to find out more about the available policy options, call or visit our office or website today.