How Does Renters’ Insurance Work?

Renters’ insurance is an important type of coverage that everyone who rents their home should have. It provides several types of protection, and it’s generally an inexpensive insurance type to get. If you rent, and you need insurance, call us right away at Benefit Insurance Services in Myrtle Beach, SC to talk with an agent. 

Protect Your Possessions

One of the ways that renters’ insurance protects you is to cover your belongings. This coverage can help you if your items were to be destroyed or damaged in a number of scenarios from disasters to accidents. Without this type of coverage, you would simply have to go on with nothing if your things were to be destroyed. But with this coverage, you can get a payment to help with the replacement of all of your things. 

Get Liability Coverage

When you have someone over to your home, you don’t want to have to worry the whole time that they will have an accident that you will be liable for. However, that remains a danger that can happen. If you have renters’ insurance, part of that coverage is covering your liability in just this type of situation. This can save you from lawsuits and even wage garnishments that can be ordered if you are liable for someone’s accident or illness that occur in your rental. 

Livable Home

If your rental were to suffer from a major accident, disaster or other occurrence that leaves it uninhabitable, it can be hard to afford to leave while the repairs are being made. However, with renters’ insurance, the policy can pay for you to move somewhere else and to live there during the repairs. This allows you to keep living in an inhabitable home.

Get Your Renters’ Policy

If you’re interested in one of these policies, call us at Benefit Insurance Services in Myrtle Beach, SC.