Get the best comprehensive property insurance for Morris Plains, Morristown, Randolph, Parsippany, and More
Generally speaking, renters or property insurance acts as a homeowners insurance policy for those who rent, and inevitably can help protect you and your assets. Having renters insurance can also help to mediate the cost of damages should anything happen to a rental property that you are living in.
Do not make the mistake of assuming your landlords home insurance will cover you and your assets. A landlord’s policy covers only the physical structure of the rental property—not your belongings. If the person who owns the building has renters insurance, they will be protected from costs to them should something happen to the building, but they are not responsible for insuring your belongings.
At My-Protection Insurance Agency, we can protect your personal assets and belongings by securing a policy that is designed especially for tenants.
Generally speaking, renters insurance, covers your possessions for common causes of loss, additional living expenses related to making other living arrangements, medical expenses for treating people injured on your premises as well as unfortunate lawsuits.
There certainly is a lot to think about when it comes to determining the exact coverage you need and want from your renters insurance. Our clients will benefit from working with our expert insurance specialists, who are here to help you distinguish the risk exposures you face and ensure that you are perfectly prepared.