A lot of people think that renting carries less risk than owning a home, but it doesn’t. When you are renting an apartment or home in South Carolina, you have the same property concerns and safety risks as anybody else.
At New American Insurance, we want all Columbia, SC renters to feel secure in their homes. Understand the top benefits of South Carolina renters insurance before you make your purchase.
Contents Coverage
The number one benefit of having renters insurance is having your content coverage. Take an inventory of your contents, and then calculate the value of that property.
Can you afford to replace multiple items on that list? That is where the benefit of content coverage comes in.
Contents coverage also covers you when you are away from home. If your laptop gets stolen when you are traveling, your renter’s insurance will cover it.
Financial Protection From Dog Bites, Slip and Falls, and Lawsuits
South Carolina renters insurance can also help you when it comes to lawsuits. This is called liability insurance. If an accident of any kind happens in your home, you hold the liability for that.
Renters insurance will help you to pay for legal expenses and medical costs in the event that an accident happens, and someone pushes you for costs or damages to recover.
Flood, Fire, and Vandalism
There are other risks to being a renter. When you are a renter, your landlord is obliged to have insurance on the main parts of your building or home. What happens inside is your responsibility.
Flood insurance is a separate ballgame for both renters and homeowners. That is something you can always add to your renter’s insurance bundle though.
Get a Quote
At New American Insurance, we want Columbia, SC residents to feel secure in the homes they are renting. These are just a few of the benefits that you can get with renters insurance. Call us today for a quote.
