Princess Anne Office

30386 Mt. Vernon Road

Princess Anne, MD 21853

Renters Insurance

The Advantages of Being a Renter:

The Advantages of Being a Renter:

As a renter, you have it pretty good: No property taxes, no lawn cutting, no snow removal … Just simple living!

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 items were stolen?

News Flash:The building owner’s insurance does NOT take care of all the damages and loss.

Your building owner is only required to carry insurance for the structure; meaning everything outside of “your walls” is his responsibility, while everything inside is yours to cover.

This means all of your:

  • Furniture
  • Electronics
  • Appliances
  • Clothing
  • Jewelry

Are all uninsured unless you purchase a renter’s policy.

You may think that the “stuff” you have accumulated isn’t worth that much. It may or may not be worth anything from a dollar amount, but that’s very different compared to how much it would cost you to replace it; including the time and hassle.

What is Covered by Renters Insurance?

Renters insurance can cover virtually all of 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. Items such as computers, jewelry, furs, watercraft, and firearms can also be covered with extended protection. Your renters insurance policy will generally include:

  • Personal property protection
  • Family liability protection
  • Guest medical protection
  • Additional living expenses
  • Additional protection
  • Temporary housing
  • Liability protection for people on your property
  • Lawsuits where you are held responsible for: Injury to another person; Damage to another person's property (whether the incident occurred within your rented residence or elsewhere). So in the unfortunate event you’re sued, and the judgment goes against you, the renter’s policy will cover you up to the policy limits.

Again, we encourage all renters to spend just five minutes with a calculator to add up the cost of replacing everything they own. What if you came home tomorrow and your apartment had burned down? Where would you go? How would you pay to replace your clothing, furniture, and appliances? When you ask yourself what renters insurance covers, you can relax and say yes to all of the above.

Don't Be a Statistic 

According to recent estimates, nearly two-thirds of the 81 million people who rent their homes are uninsured for their contents or for any liability arising out of their tenancy.

Don’t be a statistic.

First; do the math and add up how much it would cost to replace your belongings.

Second, check with the terms of your lease and verify if carrying a renter’s policy is required by your landlord.

Third, request a renter’s insurance quote from Landmark Insurance & Financial Group to verify just how affordable it is to protect your belongings from perils like theft, vandalism, fire, and falling objects.