Ohio residents should understand that renters insurance is similar to a home insurance policy for people who rent rather than own. Whether you live in a condo, apartment, house, duplex, etc., renters insurance can protect your assets and you. Having renters insurance can help mediate the cost of your loss should anything happen to a rental property that you are living in.
Assuming your landlord’s home insurance policy will cover you and your assets can lead to problems down the road. A landlord’s policy covers only the physical structure of the rental property, not your belongings. If the person who owns the building has Ohio renters insurance they will be protected from costs to them should something happen to the building, but they are not responsible for insuring your belongings.
Purchasing renters insurance ensures that your property is protected. Don’t make the mistake of thinking you don’t need renters insurance; you do need insurance for your belongings, even if you live in a rental property. Contact us today for more information and a free quote.