Renter’s Insurance

Renters often underestimate the value of their possessions, and they believe that their landlord’s insurance will cover the costs of any damages they experience. It can be very expensive to replace damaged possessions, and the landlord’s insurance usually does not provide coverage for renters. The rental agreement generally stipulates this. Whether you live in Woodstock, GA or any of the nearby communities, the agents of Peter Laczko Insurance Inc. are available to help you learn about the protections you can get as a renter. The peace of mind that renters insurance provides justifies the nominal cost.

Renters could experience property damage from problems beyond their control. For example, if water leaks from another renter’s unit and causes a lot of damage, that renter may not have coverage to protect you. The renter would need insurance if a water pipe bursts within the their unit. A  washing machine hose could rupture, or a sink could overflow causing damage to the renter’s unit and other units in the building. If fire or a natural disaster causes damage to the renters property, the landlord’s insurance will not cover that damage either. A few natural disaster coverage provisions are considered optional coverage, and our office can discuss these.

Personal liability protection is another important reason for having renter’s insurance. If a visitor suffers an injury in the renter’s unit, then the renter can be held responsible for the injury. The renter could face a big medical bill for the visitor’s injuries. Renter’s insurance will protect against a lawsuit filed by the visitor.

The Peter Laczko insurance Inc. agency will explain the range of insurance options available for renters in Woodstock, GA or any nearby community. Call to find and out more about how our renter’s insurance policies can be made to fit your specific needs.