If you currently rent a property, Wine Valley Insurance Services in Napa, CA wants you to consider carrying renter’s insurance. There are a variety of issues to be cognizant of should you purchase renter’s insurance.<\/p>\n
In and around multiple states, you will find that renter’s insurance:<\/p>\n
Places Liability on a 3rd Party <\/strong><\/p>\n When entertaining in your home, there is an unrelenting chance that someone might be injured.<\/p>\n Pays for Housing When your Property is Unlivable<\/strong><\/p>\n Depending on your policy, if your home is unlivable, your renter’s insurance may pay for another rental for a specified period of time. <\/p>\n Is Often Discounted<\/strong><\/p>\n If you choose to buy renter’s insurance from the same company who carries your auto policy, they may offer you a discount or bundle.<\/p>\n Has Limitations<\/strong><\/p>\n Renter’s insurance policies often limit coverage for jewelry, fine art, or antiques. It is important to discuss with your agent what valuables are covered.<\/p>\n Is More Difficult to Obtain if you Have a Dog<\/strong><\/p>\n Ownership of aggressive dog breeds is typically considered a risk beyond the scope of renter’s insurance. This is not always the case though.<\/p>\n Statistics offered by the Insurance Information Institute<\/em> reveals that approximately 30 percent of renters choose to buy renter’s insurance. Apparently, this statistic is headed in an upwards direction. The National Multi Housing Council<\/a> reports that in 2012, nearly 85 percent of landlords required tenants to acquire renters to buy insurance, up from only 25 percent three years earlier. Renter’s Insurance offered by Wine Valley Insurance Services<\/a> helps protect your belongings from theft, and from potential liability concerns.<\/p>\nThe Take-Away<\/strong><\/h3>\n