Four things that might surprise you about renters insurance

If you live in a rented home in Lilburn, GA, you should invest in renters insurance. We can answer questions you have about renters insurance at Garrison Insurance Group. 

The following are four things that might surprise you when it comes to renters insurance:

Renters insurance can cover alternative living space if your rental unit becomes uninhabitable. 

An event like a fire can make it so that your rental unit is no longer safe to live in. In this case, you can take advantage of alternative living space coverage to pay for the costs of alternative lodging until your rental unit is repaired. 

Renters insurance covers you for theft.

You may already be aware of the fact that renters insurance can cover you for damage caused by fires or plumbing accidents. However, you might not be aware of the fact that renters insurance also covers you for damage caused by theft.

Renters insurance typically covers you for damage caused by both theft and vandalism. 

Renters insurance protects you if you face a lawsuit.

When you have guests in your rented home, you may be responsible for medical expenses if they become injured. Rental insurance pays for liability expenses you face as a renter. 

You can’t be covered by your roommate’s policy.

A renters insurance policy only covers the policyholder. Renters insurance policies don’t cover the entire household in a rental unit. Unfortunately, you can’t get coverage from the renters insurance policy that your roommate carries.

Reach Out To Us

Renters insurance is an important financial product that protects your finances. If you need a quote on insurance for your rental home in the greater Lilburn, GA community, get in touch with us at Garrison Insurance Group.