When you rent a place, you rarely think about insurance. In most cases, renters are under the impression that their landlords’ policies cover their personal belongings in the building, which is generally not the case. While the owner’s policy covers the structure, it may not provide coverage for injuries sustained in the building or personal belongings, and that’s where renters’ insurance comes in. A renters’ insurance policy is designed to protect you and your personal items in your rental home in Pennsylvania.

Who needs this type of coverage?

Basically, anyone who lives in rental residence can benefit from renters’ insurance. Whether you are renting an apartment or a single-family home, renters’ insurance, which is also known as tenant insurance, can help you minimize the impact of certain situations that cannot be fore-planned (such as a visitor’s injury or a break-in). Get a renters’ insurance policy from the Tyson Agency in Northeastern, PA to stay protected from similar incidences. This simple coverage can save you the headache of dealing with a loss when things go wrong.

What Does Renters Insurance Cover?

Renters insurance is a group of coverages designed to protect your personal belongings in your rental home. This policy also provides liability coverage. Should your rental home become temporarily uninhabitable, a typical renters’ insurance will also provide coverage for additional living expenses. The personal property coverage part of the renters’ insurance policy covers the cost of replacing stuff that has been stolen or damaged.

The liability part of renters’ insurance policy will protect you from ensuing financial losses if you’re found legally responsible for causing bodily injury to another person or damage to their property. Renters insurance is similar to homeowners’ insurance, only that it doesn’t cover the structure itself. If you live in a rented apartment, condo, or single-family home in Northeastern, PA, purchase a renters’ insurance policy from the Tyson Agency. Give us a call or visit our offices for more information on renters’ insurance policies in Pennsylvania.