Whether you rent an apartment in Boise or a townhome in Soda Springs, you want to protect yourself, your Idaho rental unit and all you keep inside from the expense of weather damage and lawsuits. Only a comprehensive renters insurance plan will give you that peace of mind. Before you search for renters insurance quotes, however, there are several things to keep in mind.
While your landlord most likely carries an insurance policy on the building in which you live, their coverage only pertains to the structure itself and not the property you keep inside.
Should your apartment, condo or townhome be struck by severe weather, fire or vandalism, you are responsible for covering any damage to your belongings. Without a comprehensive renters insurance policy, the cost to repair or replace your belongings could wipe you out.
Another benefit of renters insurance is the protection it offers should a guest or delivery person sue you. For example, if a guest of yours slips in your kitchen or your beloved dog, Sparky, bites the guest in the ankle, that guest could take you to court for all you're worth. Renters liability insurance would pay for your legal fees in that event.
Although not mandated by Idaho law, renters insurance is necessary if you are renting a home or apartment and you want to protect your valuable possessions from loss, theft or damage. Renters insurance also protects you in the event of liability claims.
Your landlord can demand that you obtain renters insurance as part of your lease. This coverage protects you and the landlord by ensuring that no matter what happens on the property, either your renters insurance or the landlord’s insurance will provide coverage.
Most ID insurance providers will give you several options to choose from when you build your renters insurance package. Those choices include the following:
Renters insurance can also provide compensation for alternative living arrangements in the event that your rental unit or rented home becomes uninhabitable due to storm damage or an apartment fire.
Renters insurance is the least-utilized insurance coverage available despite the fact that it is also one of the most affordable.
Most ID insurance providers take several factors into account when they calculate your renters insurance quotes, including these:
Most renters will find quotes for an insurance policy at just a few hundred dollars a year.
You could spend hours if not days searching for renters insurance quotes for your Idaho home. Or, you could let the knowledgeable independent insurance agents of the Trusted Choice® network do that work for you.
Contact a Trusted Choice agent near you to find out how you can protect yourself and your rental unit with renters insurance.