Even though you may be living in a house, apartment, or condo that is protected by someone else’s insurance policy, you want to ensure your personal belongings and liabilities are covered. A renter’s insurance policy makes it less complicated to recover from damage to your dwelling.

The deductible is the amount that you choose to pay before your insurance policy takes affect. However, it is important to understand that this applies to personal property claims and not to liability claims.  Hurricane deductibles work different considering storms can damage a dwelling numerous times in a year.

Personal liability insurance is important for protection when someone is hurt at your home, it may be as much your liability as it is the landlord’s liability.  Renter’s insurance provides protection to cover attorney’s fee or pay medical expense for those injured on your property.

The tropical climate in Florida leaves residents vulnerable to severe thunderstorms, floods, hurricanes, tornados, etc.  When you rent, you are not responsible for the damage to the dwelling, but you are responsible for your personal belongings.  The appropriate renter’s insurance policy gives you protection from the devastating destruction of your personal belongings and financial support to pay for expenses incurred if you are forced to live elsewhere.

Renter’s insurance does have payment options to fit your budget.  You can pay for the entire year upfront or pay a deposit with quarterly payments.