Before signing a lease, you probably do a ton of research on home insurance quotes to make sure you are getting the best price for your property insurance policy. However, things are a little different when you are living in a rental than when you own your home. That is why Trueway Insurance in Lake Worth wants to make sure you know what you should be doing to make sure that you and your belongings are protected in your home! Keep reading to learn tips for a leading insurance provider.
What You Need To Know About Property Insurance For a Rental
Even though you consider your rental home the truth is that you don’t own it, so there are some things that you’re not protected from like you would if you were the owner. This means when you are looking at home insurance quotes you need to be mindful of the right way to protect your belongings in case something happens. By following the steps below, you can make sure that although you don’t have full legal rights over your home, you are protected from things that could go wrong!
The first and most important thing to do is to talk to your landlord. Having a good relationship with your landlord and property owner is critical to making sure you are protected and covered if something were to happen. If something does go wrong, your landlord needs to be your ally, not your enemy. Make sure you ask them about any potential risks on the property that may cause damage to your belongings. For instance, have they experienced power surges in the past that could cause a fire or damage your electronic devices? Knowing this can allow you to prepare better yourself and your belongings for things that could go wrong.
Most landlords require you to have renter’s insurance, but when you get a policy make sure it includes possessions coverage. This will insure your personal belongings in case anything were to happen to your home. Of course, there will be limits, deductibles, and exclusions so make sure you review your policy carefully.
Another thing you need to make sure you do is know precisely what your belongings are worth. This will help you make any claims in case something were to happen to your possessions. Make sure you keep receipts for important items like furniture or electronics. Take photos of your most important belongings. Finally, if there is anything that is extremely valuable you may want to have an appraisal done. Also, keep in mind that specific pieces like jewelry need to be covered under a separate rider in your insurance policy.
Make sure you take security measures when in a rental home. All of your belongings are your responsibility so make sure you keep them locked up, know when to put certain things away, so break-ins are avoided and install doorbells or cameras.
Contact A Property Insurance Company
TrueWay is a leading insurance provider of home insurance quotes in the Lake Worth area. We are here to help our customers obtain affordable insurance. If you’re tired of getting an insurance quote from multiple providers, call or visit us today for more information.