Renters in Williamsburg, VA count on Commonwealth Insurance Center to provide them with the necessary insurance services. Only about 60% of renters have renters insurance, which means 40% of renters are placing themselves at risk. It is an unnecessary risk since renters insurance is both easy to buy and affordable.
Renter’s insurance provides a great many types of coverage. All of them are important for the protection of your property and your finances.
Most of what you own may be in your rental when you are a renter. If you think your landlord or management has insurance that protects your personal effects, you could not be further from the truth. They do have insurance, but it protects their property, not yours. Imagine losing all your furniture, electronics, clothing, etc. Would you be able to replace it all? If the answer is no, then you need renters’ insurance. It also covers property theft even when you have it away from home.
Liability coverage is what protects you from legal actions against you. Being sued can be very expensive in the settlement and any legal expenses you may incur. No one wants to think about being sued, but it is all too common.
Loss of use
When your rental unit is damaged due to a covered peril, you may not be able to remain in your unit. If you have renters insurance provides the money you require to stay in a hotel for a short stay and a temporary rental if it is longer.
When you are in need of renters insurance, Commonwealth Insurance Center in Williamsburg, VA can offer you the choices you deserve. As an independent insurance agency, we work for our customers. Give our office a call for a no-obligation quote.