Most renters know that renters insurance helps protect your lifestyle by providing coverage for your home and personal possessions. However, there’s a lot of misconceptions about renters insurance, and for some its value isn’t always clear. We’re here to bust some of those myths.

4 Renters Insurance Myths Debunked

Myth 1: My landlord will replace my things if they’re stolen or damaged.

The truth is your landlord’s insurance only covers the building, not what’s inside. That means if anything is damaged or stolen, it would be the renter’s responsibility. If your TV or laptop gets stolen while you’re not at home, it would fall on you to pay for replacements. However if you have renters insurance, your policy will cover the damages and/or replacements.

Myth 2: Renters insurance is too expensive.

Actually, renters insurance isn’t as much as you think. In fact, most policies even cost less than that fancy latte you get from your local barista!

Myth 3: My stuff isn’t worth that much so why bother?

You may not realize it but all of your things can add up. Think about it. Furniture, electronics, appliances, and even clothes can rack up quite the bill if you’re having to replace all of these things out of your own wallet. Renters insurance eases the financial worry you might have if you come face-to-face with a claim.

Myth 4: Renters insurance only covers my personal belongings.

Not true! It covers way more than just your personal property. A renters policy provides liability and medical coverage, property damage and loss of use protection too.

Now that we’ve busted some of these myths, it’s time for you to give us a call and get yourself some renters insurance. Our experts are here to guide you to awesome coverage.