Having renters insurance really comes in handy if you experience an accident that leads to damage and expense in your rented home. Those renting in Berlin, CT can count on Bogden Insurance Agency to provide them with the renters insurance coverage that they need.

The following are four things to be aware of that you might not know about renters insurance:

You may be able to use your renters insurance to pay for temporary housing.

There’s nothing more stressful than experiencing damage in your home that’s so severe that you can no longer live there. When this happens, it really helps if you have renters insurance that will cover the costs of temporary housing for you. 

"Replacement cost" policies generally offer you the most financial protection. 

Usually, a renters insurance policy will be a "replacement cost" policy. This means that the policy will reimburse you with enough funds to completely replace destroyed valuables. 

It’s best to opt for a "replacement cost" policy rather than an "actual cash value" policy because actual cash value policies will often offer less coverage. 

Renters insurance can cover you if you get sued due to an accident in your apartment.

Renters can face liability expenses just like homeowners can. Liability expenses can be high, so carrying renters insurance is important to protect your assets. 

You can’t assume that you’ll enjoy coverage through your landlord’s property insurance.

There is a common misconception out there that renters benefit from the property insurance that their landlord carries. However, this is not generally true. 

While your landlord’s property insurance may cover repairs to your rental home, this policy is not likely to cover most of your own expenses in the event of damage to the property. 

Give Us A Call

Shop around and find a renters insurance policy that is appropriate for your rental unit and your needs. If you want to get a quote on a renters insurance policy in Berlin, CT, get in touch with us today at Bogden Insurance Agency. 

Renting a home or apartment is an exciting and often overwhelming experience. One of the most important decisions you can make is understanding the legal requirements for renting in your area. Our team of insurance experts at Bogden Insurance Agency can help guide you through the process by covering all aspects of renters insurance and legal obligations in Berlin, CT. 

What is Renters Insurance? 

Renters insurance is a type of insurance policy that covers losses to personal property or liability caused by fires, theft, vandalism, and other covered losses. It also provides financial protection if someone injures themselves or sues you for damages they incurred while on your property. Generally speaking, renters insurance covers any damage to the personal possessions inside your unit, such as furniture, electronics, clothing, and more. 

Is Renters Insurance Required in Connecticut? 

The short answer is no; renters insurance is not legally required in Berlin, CT. However, it is highly recommended that all renters consider purchasing a policy to protect their belongings from unexpected loss or damage. Your landlord’s insurance typically only covers the structural integrity of the building itself—not your belongings inside it. So without renters insurance, you would be left with nothing should an accident affect your personal items located within the rental unit.                

Do I Need Renters Insurance If I Live With Roommates? 

If you live with roommates, it’s even more important for each tenant to purchase their own renter’s insurance policy. That way, each person can rest assured knowing that their belongings are protected from any potential losses or damages caused by their roommate’s negligence or carelessness. Without separate policies, everyone would be held responsible for accidental damage to another tenant’s items should something happen, like a fire or flood, causing damage throughout the entire unit. 

Give Us A Call

For more information about renter’s coverage, contact Bogden Insurance Agency today!

Protecting your college student in Berlin, CT requires taking many steps that you might not have considered. For example, renter’s insurance is an excellent option for when they move out of the house to their first apartment. We at Bogden Insurance Agency can help you understand why these policies are so critical.

What is Renter’s Insurance?

Renter’s insurance is a policy type that people renting a home can purchase to cover anything within their living environment. It covers only things that they own and not the building itself or any appliances that the homeowner installed for them to use.

The nice thing about these policies is that they’re typically designed to be fairly inexpensive and easy to use, meaning that your college student may pay for one without breaking the bank. Just as importantly, these policies can help to protect them from various types of serious loss.

How It Helps College Students

Renter’s insurance can protect your college student by covering all their items inside their apartment. While the apartment or house owner’s policy will protect the building, it will do nothing to protect anything that your college student owns, which could lead to a total loss for them.

As a result, renter’s insurance is a great option that can minimize their potential loss if the house burns down or is otherwise destroyed. For example, a renter’s insurance policy can replace things like computers, video game consoles, and even study guides if you itemize them in your coverage.

Finding a Great Policy

Are you interested in a renter’s insurance policy for your Berlin, CT college student? Then please contact us at Bogden Insurance Agency right away to learn more. These policies are often very inexpensive and can be added to your coverage option fairly easily.