
The average renter owns between $15,000-$20,000 worth of personal belongings.
Most of us could agree that the low cost of purchasing a renter’s insurance policy is a smart decision to remove this worry. But many people don’t realize the other benefits of a renter’s insurance policy.
Renter’s Insurance Provides Off-Premises Coverage
For example, if you go out bike riding for the day with friends and your $2700.00 road bike is stolen when you stop for a bite, your renter’s insurance will cover your property.
A Renter’s Insurance Policy Can Lower Your Insurance Rates.
Often, the cost of purchasing a renter’s insurance policy can be a wash if combined with an auto insurance policy. The savings from grouping the policies makes getting the protection a no-brainer.
A Renter’s Insurance Policy Can Provide Compensation for Relocation
If you have to move out due to a covered loss such as fire damage or vandalism, a renter’s insurance policy can help with certain costs of relocation. Talk to an agent about what is covered.
Taking Inventory Can Help Decide How Much Renter’s Insurance You Need
Performing a home inventory can help you decide the amount of insurance protection you need. To make it simple, V.F. McNeil’s free mobile app can help you take pictures and log a home inventory right on your mobile device.
Contact V.F. McNeil Insurance today to learn more about renter's insurance. (203) 481.2684
Contact V.F. McNeil Insurance today to learn more about renter's insurance. (203) 481.2684