Like homeowners insurance for people who don’t own a home.

These days, more and more people are choosing to rent apartments, condos, townhouses, or even single-family homes. You have Millennials who prefer to live in apartments, attracted to a more urban environment where they can live, work, and play without having to get in a car. You have Baby Boomers choosing to downsize, opting for the mobility that renting affords. And then, of course, you have college students living off campus and sharing apartment space with friends.

As a tenant, you are not required to get homeowners insurance. And while renters insurance is available, unfortunately many individuals forgo the coverage. In fact, it’s estimated that only one-third of renters have insurance. So what happens when there’s a fire in your apartment or rented home and your personal property is destroyed…things like your clothes, furniture, electronics, etc.? Or what if there’s a burglary and your stuff is stolen? Without insurance coverage you would be left unprotected. In addition, if someone gets injured in your apartment or home rental, you could be sued for damages.

Because anything that can happen to an owner can happen to a renter.

A renters policy provides protection for your personal belongings in the event of damage or theft. It also safeguards you against personal liability and protects your assets in the event someone is injured while in your home. You have a choice of coverage amounts, options, and deductibles — all of which we would be happy to go over with you here at Martin Insurance Group.

We can also review additional available options with you, such as: adding replacement cost coverage on your personal property to eliminate depreciation; receiving a cash settlement with no requirement to repair or replace the damaged items in the event of a loss; protecting against damages caused by water backup through sewers and drains; and enhanced coverage for your valuable items such as fine art, jewelry, collectibles, etc.

Call now to speak with a representative about your renters insurance. We’ve already helped many clients in New Jersey and Pennsylvania, including Mercer, Middlesex, Monmouth, and Ocean Counties, as well as Bucks County, PA, and have the experience and expertise to protect you and your property. We invite you to find out more about the difference we can make in insuring what’s important to you. Please click here for a quote or give us a call at 800.353.5000.