Renting instead of buying is a flexible solution that allows you to save money without locking yourself into a long contract. However, it’s still important to have the proper protections in place. Here are some reasons you should consider purchasing renter’s insurance. 

Renter’s Insurance Could Cover These Expenses

1. Hotel Costs

If your residence is destroyed or severely damaged by fire, a major water leak, or other disaster, you’ll need somewhere to go. Your policy will likely cover hotel costs, so you’ll have somewhere to stay while repairs are being made. 

2. Dog Bites

Sometimes your furry protector may get a little too protective and bite a guest, handyman making repairs, or anyone else they don’t recognize. If you’re held liable for the damages, your policy may cover it.

3. Slips & Falls

Slips and falls can happen to anyone. Whether due to snowy stairs, a wet spot on a tile floor, or a loose cable on the carpet, tripping hazards can pose a risk for serious injuries. If you end up responsible for medical bills because someone fell in the place you rent, a policy makes sure you won’t bear the costs alone.

4. Damage Caused by Your Children

A renter’s policy doesn’t just provide protection for damages that happen at your place. They can also cover damage caused by your children at someone else’s house. So, if your child accidentally breaks an expensive collectible at a neighbor’s home, your policy may cover having it fixed. 

5. Borrowed or Rented Property

If you have property you’ve borrowed or rented from someone else in a place you rent, it’s also covered. So, if a friend loans you a set of golf clubs or you check out a shop vacuum and either end up damaged, the policy may cover it.

When you’re looking for renter’s insurance, choose Ebert Agency in Foley, AL. Founded in 1928, this insurance expert has helped people insure their homes, vehicles, and much more for nearly a century. To speak with an insurance agent and get a policy that fits your needs, visit them online or call (251) 943-2281.