Renters Insurance

Renters insurance is essential coverage for those renting homes, apartments or other dwellings. Although it’s not commonly required, renters insurance can provide financial protection against accidents or other events in your rental property. 

What Is Renters Insurance? 
Renters insurance is a type of insurance policy that tenants often get to cover their belongings kept inside their rental property. Renters insurance functions like a contract, in which you agree to pay your insurance provider a monthly, semiannual or annual insurance premium in exchange for financial help after a covered incident. 

What Does Renters Insurance Cover? 
Renters insurance differs among tenants but commonly consists of three primary coverage options: 

• Personal property coverage helps provide financial protection against damage or robberies to personal belongings kept inside your rental place. 
• Personal liability coverage helps insure against injury-related expenses, such as medical bills and legal fees, if someone gets hurt while in your rental property.
• Additional living expense coverage helps pay for temporary living arrangements if your rental becomes uninhabitable due to damage. 

Reach out to Granite Risk Advisors to learn about how to customize your policy. 

Is Renters Insurance Required? 
Some landlords and homeowners associations may require you to have renters insurance, but renters insurance is not typically a required coverage. But accidents and other covered events can happen. Carrying renters insurance can protect you from high costs related to repair or recovery. 

Contact Our Agency 
If you are a tenant near Marietta, Georgia, the experienced and dedicated agents at Granite Risk Advisors can assist you in learning about renters insurance to help you select the right policy for you and your rental home. 

Call us today at 678-905-0220 to request a quote.