Renting a home gives you all the benefits of living where you like without the hassle of maintenance that comes with homeownership. However, there are some potential risks that come with renting.
Renters insurance gives you some of the same benefits homeowner’s insurance delivers, without requiring you to own the home. While your landlord is responsible for home insurance for your building, you still need to protect your own possessions. If your personal property is stolen, vandalized, damaged by fire or flood, you’ll be eligible for reimbursement. Renters insurance also helps you if your landlord fails to maintain the property and the home becomes uninhabitable. If you have kids or pets, renters insurance is an especially good idea as it covers any damage they cause to the space.
Because of its many benefits, most landlords require their tenants to have renters insurance, so it’s a good idea to get it before you move in. Even if you don’t stay in your rental, most renters insurance policies will move with you. Get a quote on renter’s insurance today!
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Salt Lake City, Utah is a great place to rent. With the University of Utah nearby, the LDS headquarters downtown and lots of new businesses opening up, renting will be on the rise in Salt Lake. Get the best renters insurance rates today with competitive quotes from some of the top names in renters insurance. Get your renters insurance quote today.