5 Reasons to Have Renters’ Insurance Living in Short-Term Rentals

1. 5 Reasons to Have Renters’ Insurance Living in Short-Term Rentals When you lease a house for a short-term, you must get renters’ insurance. It is not included in the lease but you can pay the additional cost to attain peace of mind. Below is a list of the top 5 reasons that everyone must have renters’ insurance even for short-term rentals. 1.Safety: Worried about your expensive books, shoes, clothes and other personal belongings? You can step out and roam around freely when you have renters’ insurance. 2.Liability: Renters’ insurance also provides coverage against accidents, injuries and damages. For instance, if you tripped over a table and damaged it. Rest assured, your injury and your asset both are covered under the insurance.

2. 3.Added coverage in furnished rentals: Assets in furnished rentals are covered under insurance but the coverage doesn’t include your personal belongings. Therefore, additional accidental damage is useful for attaining peace of mind. 4.Loss and theft coverage: Renters’ insurance also offers protection of your assets when you are outside your house but inside the apartment complex. 5. Budget friendly: The amount you spend every year on damages, injuries, accidents or thefts is way more than the premium you pay for renters’ insurance. Thus, if you look at the bigger picture, renters’ insurance is affordable and everyone must consider it. Final words Renters’ insurance protects your belongings when you are inside your house or out on a vacation. In case someone is injured or any of your assets are damaged, you don’t have to worry about the expenses. In case, you stay out of your home and the unit is invaded by perils like bugs, insects or termites, you can have peace of mind. All the costs associated with remediation are covered by renters’ insurance. Now that you know the endless benefits of renters’ insurance, contact the professionals at Corporate Housing Experts to sign a lease for a furnished rental apartment.