Why do I need Renters’ Insurance?

Renters’ Insurance can protect you against damages that are not covered by landlords’ insurance. Landlords’ Insurance does not extend to the personal property of the tenant. Therefore, you need to get your personal belongings insured to make sure they are protected in case something unexpected happens like a fire or sewer backup. Renters’ Insurance also offers liability coverage that protects you against potential lawsuits. For example, if your pet ends up damaging the property of your neighbor, you may be held legally accountable to pay for the damages suffered by your neighbor. Renters’ Insurance will help you pay for those damages.