logo
logo
Sign in

4 Reasons Why You Should Get Tenant Insurance

avatar
AMC Insurance
4 Reasons Why You Should Get Tenant Insurance

Most tenants think they don’t need insurance. They think that their landlord’s home insurance will cover them. But you would be surprised at how many tenants learn the hard way that their landlord’s home insurance doesn’t cover theft in their apartment.

Do yourself a favor and get tenant insurance in Langley. Here are the reasons why this is a must:

  1. It will cover losses to your own property

In case someone breaks into your apartment and steals your things or your stuff gets damaged due to flooding, your tenant insurance in Langley will cover the costs of replacing your things. This is usually not covered by your landlord’s insurance as most home insurance policies only cover the costs of repair of the building or structure.

  1. It offers liability coverage

Do you conduct business in your apartment? What if you receive clients in your home-based business and they get injured while in there?  Your tenant insurance in Langley will ensure that you will be absolved of liabilities. You won’t have to pay for their hospitalization out of pocket.

  1. It provides coverage to your belongings when you travel a lot

Do you like traveling? Have you ever experienced losing baggage or having one stolen? That can be such a big hassle to replace, not to mention, expensive. Not many people know that tenant insurance in Langley covers the costs of losses while traveling. It’s an added perk that you should not miss out on.

  1. There are some living expenses that it may cover

What if there’s a power interruption that lasted for hours or even days and all your food in the fridge perished?  Your tenant insurance might be able to cover it depending on what is included. Food can be expensive, especially if you do stockpiling or bulk buying. You might think it will never happen to you but you just never know with the circumstances we face these days.

Also, what if there is a water or gas leak in your apartment and you might have to live elsewhere for a few days until this problem is fixed? Without tenant insurance, you will have to pay for your temporary accommodation out-of-pocket.

Buying tenant insurance is worth it even if you think this is just temporary. It can bring you a lot of peace of mind and covers the worries of those “what ifs”.

It’s also more affordable than you think, which is why there’s no reason you shouldn’t consider getting one. And to make sure you are buying from the right vendors, talk to experts in insurance such as AMC Insurance. They can help you assess how much coverage you need depending on how much valuables you need to protect.

Robert Cameron is the author of this article. For more details about Condo Insurance in Vancouver please visit our website: amcinsurance.ca

collect
0
avatar
AMC Insurance
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more