Why You Need Renter’s InsurancePosted: June 30, 2012
Here is an excerpt from a new blog post at GreggMarcus.com:
A homeowner’s insurance policy protects those who own their own house in the event of a tragedy, theft, or any other unforeseen incident. Those individuals who rent instead of owning a home, renter’s insurance exists to offer the very same protections. People whom of which live in apartment buildings are not usually required to have insurance, though in many cases it is a very good idea to have it. The owner of the building may have an insurance policy which offers some protection in the event of fire or theft, but that policy will not cover one’s personal belongings. Renters who possess valuable belongings should consider purchasing a renter’s policy in order to protect themselves. In this post, Long Island Insurance Executive, Gregg S. Marcus http://greggmarcus.com/about/ explains the importance of renter’s insurance and the options available for purchase.
Most renters will indeed require an insurance policy. Financial compensation is given in the event personal belongings are destroyed, stolen, or damaged in any way shape or form. Renters may have inexpensive items that can be easily replaced. And other renters may just simply not care about having to spend extra money to replace their belongings in the event of an accident, although this group of renters tends to be a small one.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.