Click to CallWhether you’re renting an apartment or a home, investing in a renters insurance plan is beneficial for you. Burglaries and fires happen all the time in homes and without renters insurance, it will be tough to finance the repairs. Fortunately, we at Travers Insurance serving Webster Groves, MO do offer renters insurance and could provide the right coverage for your needs.
It Covers your Belongings when Travelling
Anything can happen to your items while traveling. They could be stolen or damaged. Your renter’s insurance plan could help cover the loss of your possessions due to this happening. Other covered losses during your traveling journey could also be covered. Your insurance agent could give you more information on what’s considered "other covered losses."
Liability Coverage is Included
Another benefit of renters insurance- it protects when someone is injured in your home. Liability coverage is another aspect of renter’s insurance. It protects you against potential legal claims you may be obligated to pay. It could also cover unintentional damage caused by you to the landlord’s property. However, it doesn’t cover any negligence or intentional acts that you caused.
It’s an Affordable Policy
Of course, it doesn’t hurt that renters insurance won’t break your bank, too. The National Association of Insurance Commissioners (NAIC) shows that the average renter’s insurance policy is between $15-$30 a month in 2022. In the state of Missouri, the average premiums are between $8-$21 per month. That’s not bad for insurance that’ll cover all of your stolen or damaged belongings.
While it’s not required that you get renter’s insurance as a Missouri resident, you will be safe rather than sorry when getting it for your home. If you’re in the Webster Groves, MO area, contact our Travers Insurance team today.
