Even though renters’ insurance may not be required in Waldorf or Prince Frederick, MD, some landlords may require that you have it. Even if it is not required, you may want to have some coverage since your landlord’s insurance doesn’t cover any damage to your property. In an accident or fire, you will be responsible for getting replacements, which can add up. You also won’t have any liability coverage.
A good policy will have different coverages to protect you in the event of theft, fire, or natural disaster. The first part of coverage includes your personal property, which is anything from your electronics to furniture to clothing. It will cover your belongings no matter where they are, so you still have some coverage even if you are on vacation. You may need to purchase additional coverage if you have expensive belongings, such as artwork or jewelry. An agent at Carrie Polk Insurance Inc. can make sure you have the right amount of coverage for your needs. The second part of the coverage is personal liability insurance if you are responsible for damage to another person’s property or cause injury to someone else. A third portion of the coverage includes additional living expenses if you are forced to relocate after a covered loss that makes your home uninhabitable.
Maryland gets a lot of rain and can even get the occasional snowfall. Remember that renter’s insurance will usually cover damage due to rain, but if a flood causes damage, you will need a separate policy. If you aren’t living at the home you are renting during the time of the incident, you may not get reimbursement for your belongings.
Contact Carrie Polk Insurance Inc., serving Waldorf and Prince Frederick, MD, to get a quote on renters’ insurance.