Renter’s Insurance from our Florida Insurance Agency
If you rent an apartment, house, condo, or even a dorm room, you may not think you need insurance. However, if fire, theft, or vandalism damages your property, it is unlikely that a landlord will pay to replace your belongings.
At our Florida insurance agency, we know that you have most likely invested a lot of time and money into your personal property, and it is up to you to take care of it. Having renters’ insurance in Florida can pay for the cost of your belongings if they are damaged due to a covered accident, or if they are stolen.
Depending on your policy, your insurance will pay to replace items using one of two methods: Actual Cash Value (ACV) or Replacement Cost. With ACV coverage, your belongings are insured only for the amount they are currently worth, while replacement cost will pay for the expensive of replacing the items with brand new ones.
Additional Insurance Options
Also included in your renters’ insurance is liability coverage to safeguard yourself from injury claims that occur in your home. If someone gets hurt on your rented property, your insurance can pay the related medical payments and expenses, and provide for the cost of legal support if you are sued.
If a fire or other damage makes your residence uninhabitable and places you in a “loss of use” situation, your renters’ insurance may temporarily reimburse you for the cost of another residence.
Representatives from our insurance agency in Orlando are committed to working with you to design a policy that ensures you get the options you want at a price you can afford.
Renters’ insurance (HO-4): This type of insurance policy is purchased to cover a renter of an apartment or any other dwelling for specific losses associated with their contents, as well as provide on-premises liability insurance.