Many people who choose to rent rather than purchase a home may consider renters insurance an unnecessary expense. Regardless of the value of your belongings, if you lost all of your personal property as a result of an accident, fire, theft or other cause, can you afford to replace everything?
Comprehensive Coverage for Renters
A renter’s policy can financially protect you against losses by replacing the cost of the personal property and contents of your apartment or other dwelling that you rent, including electronics, appliances, clothing and other items. In addition, visitors to your rental are also protected. With customized policies can also include hotel expenses in the event that you must vacate the premises due to an accident, fire or other hazard.
Are You Covered?
Unfortunately, it is quite frequent that a landlord is concerned only with their business and not the wellbeing of the tenants. Don’t rely on your landlord’s insurance which most likely only covers the property itself and not your belongings. Renters insurance offers coverage options that include the full replacement costs of your valuables from damages as a result of unexpected accidents or theft.
Las Vegas Condo Insurance
Much like the policy held by a landlord, a condo association’s insurance policy often only provides coverage for damages to the structure and common areas. Condominium owners can enhance insurance protection with tailored policies that can often be more affordable than a traditional homeowner’s insurance policy and customized to your unique requirements.
Since condo owners are responsible for any damages within their units, a condo insurance policy can offer protection against loss of personal property as well as water damage, fire and other disasters or accidents. Consult with our Citizen Choice Insurance & Investments agents for specific details and coverage options that distinguish condo owners from renters and standard homeowner’s insurance policies.
If you have any questions or concerns about finding the right renters or condo insurance that fits your needs and budget, then please feel free to contact us via phone or email. We look forward to showing you all the options that are available to you.