{"id":3203,"date":"2021-06-07T14:32:15","date_gmt":"2021-06-07T21:32:15","guid":{"rendered":"https:\/\/nesika.ca\/?page_id=3203"},"modified":"2021-06-11T10:28:52","modified_gmt":"2021-06-11T17:28:52","slug":"tenants-insurance","status":"publish","type":"page","link":"https:\/\/nesika.ca\/?page_id=3203","title":{"rendered":"Tenant’s Insurance"},"content":{"rendered":"\t\t
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There are advantages to being a renter\u2026<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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As a renter, you\u2019ve got it pretty good: No property taxes, no lawn cutting, no snow removal \u2026 Just simple living!<\/p>

But what would you do if you returned from work, or a vacation, and all your possessions in your apartment had been destroyed by a fire? Or if there was a break-in and some of your most expensive stuff was stolen?<\/p>

You might assume that your landlord\u2019s insurance will take care of the damage caused by a fire and pay to replace your belongings.<\/p>

It doesn\u2019t.<\/p>

Your landlord\u2019s insurance will only cover the building \u2013 not your personal property. This means all your furniture, electronics, appliances, clothing and jewellery are uninsured unless you purchase a tenant\u2019s insurance policy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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The Cost Of Replacing Your Stuff<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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You might think that all of the things you have accumulated over the years aren\u2019t worth that much \u2013 and they might not be, in their current state. But what if you had to replace your entire wardrobe? Buying a new bedroom set, clothing, or a computer can cost much more than you think\u2014especially if your current ones are older or out of date.<\/p>

All of our tenant\u2019s insurance policies are replacement cost \u2013 which means that even if your wardrobe is threadbare the insurance company will replace it with new items.<\/p>

You\u2019ll be surprised at how affordable tenant\u2019s insurance can be. Besides covering all your stuff, it covers you from being held liable for if someone hurts themselves while they\u2019re in your home. So in the unfortunate event you\u2019re sued, and the judgement goes against you, the policy will cover you.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Do you need tenant\u2019s insurance?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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According to recent estimates, nearly two-thirds of renters are uninsured for their contents or for any liability arising out of their tenancy. Don\u2019t be a statistic \u2026<\/p>

First, do the math and add up how much it would cost to replace your belongings.<\/p>

Second, request a tenant\u2019s insurance quote to verify just how affordable it is to protect your belongings from perils like theft, vandalism, fire, and falling objects.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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What else is covered?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Tenant\u2019s insurance covers virtually all your personal possessions. Most policies provide coverage for electronic goods and equipment, small appliances, sports equipment, cameras and photography equipment, furniture, clothing, glassware and china, and books. Your policy will generally include:<\/p>