As a tenant, you can be held responsible for the damages caused to a rental property. To avoid it, you should have tenant insurance when moving into a rented house. It not only secures your landlord’s property from unintentional damages but also protects you from unforeseen liabilities. If you are looking for tenant insurance in Prince George, Nauroth & Associates Insurance Brokers Ltd is ready to help. We provide you cost-effective solutions with plans offering maximum coverage.
Your landlord’s insurance only covers losses to the building but not your possessions. Having tenant insurance helps you pay for the damages caused to a property by fire, theft and vandalism. You get coverage for:
• Personal belongings: Your assets might be damaged due to an explosion, smoke or a windstorm. In such cases, tenant insurance protects your personal assets such as furniture, electronics and household appliances.
• Liability: It protects you from the liability of paying medical expenses or a settlement amount to the victim against personal injury and slip-and-fall accidents in your home. Having tenant insurance is also helpful in protecting you from lawsuits.
• Additional expenses: When your rental property becomes uninhabitable, you can claim daily expenses from your insurance company (if that is covered in your policy).