Why Do I Need Renter's Insurance?
If you are thinking about moving into a new apartment, you might be wondering whether you need renters insurance in Everett, Washington. And the answer is probably… yes. Many landlords in Everett and Snohomish County now require proof of renters insurance before they even let you sign the rental contract.
But that’s not the only reason why you should have renters insurance in Washington. Even if you think that you don’t own very much “stuff”, you’ll be surprised how quickly personal property worth $10,000 or $20,000 can accumulate. Renters insurance policies in Washington will protect your belongings in case of theft, fire, water damage, or other perils, and will help you replace what you lost.
That’s not all: Renters Insurance from our Everett, WA office will not only protect your belongings inside your apartment, but also away from home! Imagine you go for a skiing trip at Stevens Pass and take your skis off for lunch at the lodge… only to find that they’ve been stolen when you return. If you have renters insurance, they would be covered, subject to your deductible of $500 or $1000.
Also, insurance coverage for your personal property is only the “icing” on your renters insurance.
What’s even more important is the liability protection that your renters insurance policy provides: For example, if a friend comes to your apartment and is bitten by your normally friendly dog, the liability coverage that comes with your renters insurance may kick in to pay for your friend's injuries.
What’s worse, if you cause damage to other units of your apartment complex, you may be held responsible for the damage you have caused to the building and to your neighbor’s personal property. For example, if you forgot to turn off the stove before you left for work, causing fire and smoke damage to your apartment and to the units around you, you very well may be getting yourself in debt for life. Renters insurance in Everett and Snohomish County can protect you!
All that for less than $15 per month!
Since a renters policy will trigger a discount on your auto policy if you have both policies with the same insurance company, it often literally pays for itself.
So why do only very few folks get renters insurance in Everett?
Possibly because they assume that the landlord’s policy will protect them if something happens. Beware! That’s not true! The landlord’s policy will only protect the landlord’s property. The landlord’s policy will not protect your personal property, and it will not protect you in a liability case.
Be smart. Protect your assets. Get renters insurance from a licensed agent in Everett, WA.
* Please Note: Insurance policies vary from company to company and from State to State. Not every Washington State insurance policy will include every coverage described above. Be sure to read your policy and check with your insurance agent for personalized information.