To protect your property when renting in Pennsylvania/New Jersey, it's important to have renter's insurance. Whether you're renting your first apartment, a house for your entire family, or moving in with roommates for your first year of university, you'll want to protect your valuable property from damage or theft.
In some cases, your landlord may require you to have renter's insurance, but this is not always the case, and while your landlord has their own insurance policy to cover their property, this does not include your belongings. If you are moving into a dorm, you may be covered by your parent's homeowner’s insurance, but it's important to double check on this. When living in any private space, even with roommates, you'll need to take out a renter's insurance policy to protect your belongings and make sure your name is on the policy. For example, if your home or apartment is burglarized, you won't be covered unless you have a renter's policy.
The same is true for damage. Whether a fire breaks out, flooding occurs, or any other unforeseen event damages your personal property, you can only recoup your losses with a renter's insurance policy. Furthermore, renter's insurance also protects you from liability in the state of Pennsylvania/New Jersey, depending on the type of policy you take out. If something happens on the property you rent and results in a lawsuit, your renter's insurance will help cover the associated costs.
In general, renter's insurance is inexpensive. For a small premium, you can have peace of mind knowing that your property is protected. To learn more, contact Eagle One Insurance Agency today. We will answer all your questions and concerns and help you find the right renter's insurance policy at the right price for your needs. Call us today at 267-983-7424.