4 Little-Known Benefits of Tenant Insurance

Posted by AMC Insurance on June 28th, 2021

Your landlord’s home insurance will not cover everything. For instance, if someone breaks into your rental property and steals your stuff, your landlord’s home insurance will not cover the loss. You need your own tenant insurance in Langley for that.

Just like home insurance, tenant insurance in Langley can protect you from unforeseen things. But more than the usual coverage such as financial hedge against typhoons and other natural disasters, there are actually some little-known benefits to having one. These are some of the instances when having tenant insurance will come in handy:

1. Got a pet?Your tenant insurance can provide coverage for accidental bites

Your dog might be docile and sweet to you but what if someone comes to your home and gets bitten or what if you are walking your dog and suddenly bites a passer-by? The tenant insurance in Langley can provide coverage for these instances.

2. Cover the costs of accommodation in the event of a disaster

What if you need to temporarily vacate the rental property because it was flooded or there are repairs needed to be done after a typhoon? Where will you go? If you don’t have relatives in the area to spend time in temporarily, you might have to rent another home or go to a hotel. With tenant insurance in Langley, you won’t have to spend money out-of-pocket for your temporary accommodation. It will be covered by insurance.

3. Covers the costs of medical expenses for guests that were injured on your property

Say you are throwing a party and a guest accidentally hurts himself. You can use your tenant insurance to cover the costs of treatments.

4. Travel liability coverage

Yes, your tenant insurance can be used outside the rental property. If you like to travel and sometimes, you experience unwanted things such as losing your luggage or you get your stuff stolen, your tenant insurance can cover the costs of replacement.

There is more to tenant insurance than what you think. It is the extra protection that you need so you will feel safer in your rental property. As a tenant, you should look into ways to increase your protection, especially when living alone.

There are many different tenant insurance providers out there. If you are having trouble finding one, it’s a good idea to get the help of experts from AMC Insurance. While tenant insurance is comparatively cheap, it’s still important to compare your choices and determine which one offers the best rate for the coverage that you want. Determine what coverage you need. This is based on your lifestyle. That way, you can decide how much coverage you should get.

This can give you so much more peace of mind. You can sleep better at night knowing that you are protected.

Robert Cameron is the author of this article. For more details about Business Insurance in Surrey please visit our website: amcinsurance.ca