Renter’s insurance can help protect you and your personal property in case of an unexpected event. Many people believe that they are protected by the landlord’s insurance when renting, but that is not the truth. It is important to take your coverage into your own hands, and customizing your policy with The Yurconic Agency can do just that. 

While a landlord’s insurance protects the building or house in which you live, it has no tie to your own personal belongings that may be damaged or any injuries or accidents sustained in your living area. The Yurconic Agency can help you create a renter’s policy that covers all the bases needed for your unique situation. Let’s take a look at what renters’ Insurance can cover: 

Personal Property: This helps replace any personal property or belongings that have been damaged or destroyed by covered events such as fires, theft, water damage, etc. It covers anything in the apartment that the landlord doesn’t own. 

Liability Coverage: This protects you and can provide financial protection if someone is injured on your property, finds you at fault, and decides to sue you for damages. This includes hospital bills or legal fees from a lawsuit. 

Loss of Use / Living Expenses – This aspect comes into play if you are forced to leave your home because of a covered event such as a fire, lightning, or vandalism. It can help you with the cost of alternate living arrangements and associated expenses. 

Optional Coverages: Water backups, earthquakes, and appliance coverages are all optional add-ons that you can include in your policy. When you customize your coverage, you can ensure that you are protected from all your potential risks.

These areas are exactly why renters’ insurance is so important when you are thinking about entering into a lease or renting for the first time. It is easy to think that because your landlord is insured, you are too, but that is not the case. You should feel at home, whether it is permanent or just home-for-now. 
Trust The Yurconic Agency to help you create a custom renter’s policy that protects you from anything that may come your way. Learn more here, https://www.yurconic.com/services/personal-insurance/homeowners-and-renters-insurance/