Florida Renters Insurance Guide
F lorida is a large state with many renters that can benefit from the security that renter’s insurance provides. Even if you are not a homeowner, you are still entitled to the protection of the contents in the home you live in. Renters insurance protects your possessions from damage and/or theft and covers liability charges for lawsuits if a guest is injured in the home. With renters’ insurance, you can also rest assured that you are covered if a natural disaster such as a tornado, hurricane or even if a fire damages the home. It is imperative to keep in mind that renters’ insurance policies vary from state to state and if you are renting in Florida, you must obtain a Florida renters insurance policy.
Why You May Need to Purchase Renters Insurance
There are varying reasons why you may need to acquire a Florida renters’ insurance policy which may include and are not limited to:
It is under the terms of your lease, per your landlord:
The homeowner of your home can make it a requirement to purchase renters insurance under the conditions of moving in.
You want to protect your belongings because they are not protected under your lease:
If your belongings are not protected under your lease, you should thoughtfully consider giving yourself the extra security of a renters’ insurance policy because if your residence is burglarized or someone is injured, you want to rest assure that you will not have to pay out of pocket for the costly expenses that may be thrown your way.
Coverage for liability
Lawsuits are rampant in Florida, thus if you are faced with a lawsuit regarding a home that you live in but do not own, renter’s insurance will give you the extra coverage for the amount you are faced with in court.