Is Renter’s Insurance Worth It?

If you’re a renter in Washington or Oregon, you need a good renter’s insurance policy.  Renter’s insurance seems to be something that every renter thinks about, but procrastinates getting it until it is too late.

If you add up all of the belongings in your home, whether it’s an apartment, condo, townhome or house, the total can easily reach in the thousands. Electronics, jewelry, furniture, appliances, and everything else can be extremely expensive to replace, especially if a lot of it needs to be done all at once.

Think about it – how much are your computer, television, couch, jewelry, clothes or other valuables actually worth? Spending only a few bucks a month to cover these possessions is a wise thing to do.

What does rental insurance cover? We’ve broken down the main instances/situations that most rental insurance companies will cover:

• Explosions
• Fire or Lighting damage
• Aircraft and vehicles
• Heavy snow, ice or sleet
• Theft
• Windstorm / hail
• Falling objects
• Vandalism
• Malicious mischief
• Water discharge from plumbing and appliances
• Frozen plumbing

Theft and vandalism is more likely to happen in apartment buildings and townhomes than in regular single family households. If you live in a highly populated area, it is a good idea to get covered for theft.

Call a Vern Fonk Insurance agency near you today to get a great renter’s insurance policy that can help you have peace of mind throughout your days in the Pacific Northwest.