Insurance isn’t just for homeowners. Renters need protection too.

Renters insurance is designed specifically for tenants who are renting an apartment, home, condo, or any other living space. While the landlord should have their own plan, this typically only includes the building and excludes your personal possessions. Not having your own policy leaves you at risk.

Windgate Insurance Agency Inc. wants to make sure you and your belongings are safe. Serving in New Windsor, NY, the agency can find a plan that’s right for you. While different options are available, most renter’s insurance plans include these three different categories.

Personal property

Your possessions are valuable. A renters insurance policy will cover replacement costs if damaged, destroyed, lost, or stolen. If a natural disaster, mechanical issue, or another damaging event does happen, you will be reimbursed up to your policy limit. Conduct a home inventory, detailing the value of your possessions. Using this information, your agent can help you set your coverage limits.

Liability protection

Unfortunately, accidents happen. If one does occur and you’re found responsible, liability protection will kick in. For example, if some slips and falls inside your apartment, your renter’s insurance policy may cover their medical bills. This also extends to any legal fees if you are named in a lawsuit. 

Loss of use coverage

Your rental is your home. But, if it becomes inhabitable, you may have to find a temporary place to stay. In the event that you are forced from your residence due to a catastrophic event, a renters insurance policy will compensate you for any living expenses you may accrue. 

Work with an agent in New Windsor, NY

Don’t leave you or your possessions exposed. Plan ahead. Contact the Windgate Insurance Agency Inc. to secure much-needed protection with an individualized renters insurance policy.