Should I consider renter’s insurance?

3344771391_e73b2404ed_oWhen a person makes the decision to rent either an apartment, a house, an office space, or a storefront for their business, they may wonder what their insurance options are. If ever there were an emergency such as a fire, flood, or break-in to the space you are renting, you will, of course, want insurance protection to make sure that you are able to repair any damages that have taken place. What many renters do not realize is that they may not be covered under the building owner’s insurance.

Renter’s insurance can assist you when you are faced with property damage of any sort. There are many different reasons for which a person should consider obtaining renter’s insurance. Some of the personal belongings that are covered under a renter’s insurance policy can include furniture, appliances, clothing, electronics, and other items that were either damaged or stolen during the incident. It is important to know that some plans may require you to purchase additional coverage on expenses that are considered to be of high value. These can include jewelry, antiques, collections, artwork, and more.

Sometimes, insurance companies will not give you the amount of money that they should when you are faced with property loss. If you suspect that your insurance company isn’t providing you with the coverage they promised, you may want to consider speaking with an experienced insurance law attorney who can assess your case and if necessary, go after the insurance company to help you get the compensation you are entitled to. If you have questions about renter’s insurance or your insurance policy after a disaster, contact our firm today to schedule a consultation.

The Law Office of Craig A. Blumberg is an experienced New York City insurance law firm. If you require quality assistance after having suffered property loss, please contact our firm to schedule a free initial consultation.