You’ve finally moved out on your own. It’s an exciting time, but money may be tight. You could find yourself looking for ways to cut corners. If that’s the case, then my advice to you is to load up on peanut butter and noodles and make sure you have a renters insurance policy in place.
A renters policy not only protects your personal property, but it can also help reimburse you for additional living expenses if your apartment is uninhabitable due to an insured loss. You also need to think about your liability exposure. If a friend comes over to visit and trips on a rug, renters insurance can help pay their medical bills. Renters insurance can even help protect you if you are sued due to negligence.
You might not think you own a lot, but imagine if your home was burglarized. Your TV, laptop, tablet are gone. Or, there is a fire and all of your furniture is destroyed. It would be daunting to have to pay to replace all of that on your own.
Plus, renters insurance is affordable (a Farmers® insurance renters policy starts at about $20 per month), so I was just kidding about the peanut butter and noodles. Interested in a no-obligation quote for renters insurance? Just have questions? No problem. Request an online renters insurance quote from Keenan Insurance Agency in Doylestown, PA, or give us a call at 215.345.6670.