Illinois Renters Insurance
Most people who live in their own homes understand the importance of having insurance coverage against things like vandalism, fire, theft, floods, earthquakes, and other natural disasters. Unfortunately, some individuals choose not to insure their property against these occurrences. So, when accidents occur, it is up to them to find the money for repairs or damages. However, the moment a property owner decides to lease out their property, different liability and safety considerations arise. There are now commercial considerations that need to be addressed. If you are living in a rented apartment, don't assume the landlord has you covered.
Renters Insurance Coverage
An Illinois Renters Insurance policy can help protect your personal property from fire damage, theft, and vandalism while also providing liability protection for your visitors and guests. Research has shown the average 2 bedroom renter owns $20,000 in personal property. (Actual values may vary throughout the U.S., and $20,000 is a rounded estimate of personal property value for a standard two-bedroom apartment.)
Your Renters Insurance policy typically includes:
- Personal Property Protection - Covering the loss or damage of a renter's personal belongings usually on and, in most cases, off of your premises.
- Liability Protection - Providing legal representation and protection against judgments for covered events.
- Guest Medical Protection - Generally covers medical costs for visitors injured at a renter's home.
- Reimbursed Living Expenses - Reimbursement for costs of temporary housing, should it be necessary.
Langlois Insurance Agency offers a variety of ways to save with Illinois Renters Insurance, including discounts for:
- Monitored fire and burglar alarms
- Dead bolt locks on all exterior entryways
- Fire extinguishers
- Sprinkler systems
- Renters Insurance combined with Auto Insurance or other policies
Purchasing Illinois Renters Insurance ensures that your personal property is financially protected. Don’t make the mistake of thinking you are invincible or that your landlord's insurance policy will cover lost possessions. You need your own insurance coverage for your belongings, even if you live in a rental property. You are the only one who is responsible for protecting your assets!
For more information on Illinois Renters Insurance, contact Langlois Insurance Agency at 800-914-1296 or fill out our online form above for your FREE New Lenox Illinois Renters Insurance Quote.