Renters Insurance

Tenants sometimes mistakenly believe that renter’s insurance is not needed because the landlord’s insurance covers their belongings since the tenant resides in the landlord’s property. This myth potentially leaves renters suffering the consequences of devastating losses if the tenant fails to purchase renters insurance.

The landlord’s policies cover structural damage to the building but usually do not cover your personal possessions and will likely not compensate you for the losses of your personal property.

Another myth is that renter’s insurance is too expensive and therefore not worth the cost. Renter’s insurance may cover the majority of your personal possessions and may cover additional items such as relocation if you have to temporarily live somewhere else while your apartment or rental home is repaired. It may also cover your liability if someone is injured at your home. The cost of replacing your personal possessions in event of fire or other emergency likely exceeds the cost of your renter’s insurance payments many times over. To determine the actual costs and exactly what is covered, speak with your Cheshire, CT independent insurance agents at SEEC Financial to learn more information about all your renters insurance needs.

Creating a home inventory is the best way to determine how much renters insurance you need to purchase, as pointed out by the Insurance Information Institute. If you do not know for sure if your Connecticut renter’s insurance policy will cover certain personal possessions or a particular situation, call and speak to one of our SEEC Financial independent insurance agents now. Our Cheshire, CT renters insurance agents can discuss your options with you so that you get the right coverage. A trusted name in the community, we look forward to working with you one-on-one to provide you with the highest quality renters insurance available to meet your individual needs.