As a resident of Florida, you may be required to carry renter’s insurance if there is a clause stating this in your lease agreement. Renters insurance protects your landlord by paying them for any damages you cause on the rental property. However, renter’s insurance also covers your belongings and will pay out funds to you in certain circumstances for you to replace your items.
Many renters believe that the landlord's insurance policy covers their items when they have a loss, but this isn't true. In order to protect all of your furnishings and items in your rental home or apartment, you need to get renters insurance.
Renters insurance from The Wurzel Agency covers damages from fire, theft or burglary, smoke, lightning, windstorms and hail, and vandalism. You may also purchase additional coverage to make certain you are covered in any case of a loss, such as flood damage that will include your belongings if there is damage from a burst pipe in a neighboring apartment or condo that seeps into your dwelling destroying your personal belongings, furnishings, and furniture. Riot damage, vehicle, and aircraft damage covers you in the event that a vehicle crashes into your apartment or dwelling that you are renting.
You can also prevent damages that occur to your home as a result of frozen pipes and any falling objects, such as a tree nearby in a windstorm. Commonly included items are liability protection and medical payments to your guests that may have been injured in your apartment. All it takes is a badly placed toy to cause injuries to a guest in your home. If you have a sudden loss and incur cost of living increases, you can receive a payment from your renter's insurance. Your personal property is also covered under this type of policy in Florida, such as laptops, phones, tablets, and luggage. You may be able to buy earthquake coverage depending on the area in which you live, and even protection for your wedding or engagement presents while you are on a honeymoon and not in the dwelling.
We realize at The Wurzel Agency that securing the right type and amount of renter’s insurance can be confusing. You can call us or come by the office to speak to a knowledgeable agent about renters’ insurance to learn more about your options.