Renters Insurance / condo insurance

The current laws in the state of Connecticut don’t require people to get renters insurance, but your landlord may want you to get a policy before he or she issues a lease. Not only can your landlord require you to get renters insurance, but he or she can also impose a penalty if you violate that part of the agreement. It can be as simple as a fee, but you may put your tenancy at risk.

The Purpose of Liability Coverage on a Renters Insurance Policy

Liability coverage on a renters insurance policy will take care of any bodily injury or property damage for which you’re at fault. And no matter how careful you might be, accidents do happen. You may be held liable for any of the following losses:

Fire damage
Smoke damage
Water damage

You will be responsible for any of the costs associated with repairs, which is why it’s a good idea to get at least some type of liability coverage for your rented home.

What Renters Insurance May Cover

Renters insurance can cover you for a variety of perils. Some of them include but may not be limited to:

Fire or lightning
Explosions
Riots or any other types of civil disturbance
Aircraft or any other vehicles that aren’t your own
Smoke
Vandalism or any other type of malicious act
Theft
Volcanic eruptions
Falling objects
Damage caused by snow, ice, or sleet
Freezing

Be sure to speak to an agent at Innnosure Insurance in Enfield, CT for more information on the different options available for renters insurance policies.

Why Landlords May Require Renters Insurance

You may think that your landlord requires you to get renters insurance so he or she can get out of insuring the property, but that isn’t the case. A renters insurance policy will fill any gaps in coverage that aren’t included in your landlord’s policy. In fact, both policies could be responding to the same claim.

Renters insurance comes in two parts (liability and personal property). And while there might be some insurable interest in certain parts of a liability claim, your landlord has no insurable interest in your personal property. A renters insurance policy can help you cover any losses or damage to anything you own.

If you want to find a quality insurance agent in Enfield, CT, Innosure Insurance has a qualified team that can help you get the coverage you need. We would be happy to sit down with you and find a policy that will meet your needs and fit your budget. If you want to learn more, contact our offices to get started.