Why Renter’s Insurance is Critical During Your Lengthy Sabbatical Journey

At Brevard Insurance Agency Inc., we know that many Brevard, NC people take occasional sabbaticals to refocus their energies and work on various creative skills. If you plan on a sabbatical any time soon, it’s important to seriously consider renter’s insurance if you’re traveling.

Traveling on Sabbatical is Common 

If you plan on traveling during your sabbatical, you must ensure you’re safe, no matter where you go. For example, if you rent a cabin for a few months, you need a policy to reduce your loss risk. Thankfully, renters insurance is designed to be adaptable to many needs.

Why Renter’s Insurance is Smart 

A majority of renter’s insurance policies focus on providing unique and high-quality support for people renting a home. They can cover any of your belongings in a house while you stay there. A few reasons why these types of policies are so smart for your needs include:

  • Adaptability to your needs, as you can cancel and reopen them quite easily 
  • Relatively inexpensive costs that should minimize your financial impact 
  • Coverage options that include all of your belongings to keep you safe

These benefits make it smart to reach out to your insurance company right away. Let them know about your situation, including where you plan on traveling. You can then purchase a renter’s insurance policy that includes pricing and coverage options based on your home’s needs.

Let Us Help You

If you’re concerned about your travels during a sabbatical and want to make sure that you’re safe, it’s important that you contact our team at Brevard Insurance Agency Inc. to learn more. We can help Brevard, NC travelers like you get the protection needed to stay safe on a sabbatical.

Do College Students Need Renters Insurance?

Any number of hazards can befall your rented space when you are a student in college, and renters insurance can help provide a buffer against financial loss. 

Why College Students Need Renters Insurance

College students often have expensive belongings in their apartments, and these can be obliterated during a fire, for example, as kitchen mishaps do occur and can catch an entire building in flames. Water damage from sprinkler systems can wreak havoc on textbooks and electronics, such as cell phones, tablets, and computers. 

It’s important to have a backup plan when you are a college student, and some renters’ policies have provisions that extend to hotel stays when a covered peril renders the rented policy uninhabitable. Your Brevard Insurance Agency Inc representative can go over specific details that would be included in your indemnification. 

College students are not required to obtain a renters policy according to Brevard, NC law, but many make the choice to safeguard their property using this indemnification. In addition, landlords will frequently compel renters to buy a policy, as landlord insurance typically will only apply to the building and not a student’s effects. 

Some Brevard, NC students may live in housing where theft is an issue, and it’s important to do an inventory of your valuables and their approximate values to turn in to your insurance representative. Vandalism can also be a problem, causing monetary setbacks.

Insured students will be responsible for meeting a deductible before their policy pays out, and these amounts are set when the policy is purchased, affecting monthly premium amounts. 

Brevard Insurance Agency Inc Can Help You

Your knowledgeable agent can put together an insurance package to suit your needs, and we ask you to reach out to us for more information by calling, visiting us online, or meeting us in the office. 

Do You Need Renter’s Insurance When Renting From Family?

At Brevard Insurance Agency Inc, we can help people in Brevard, NC, and the surrounding area gets renters insurance. Even if you live with your family and rent a room, you might still want this type of insurance. 

Renting From Family is Still Renting 

When you rent a room from a family member, you put yourself in a unique situation. While you may be related to each other (even in a parent-child relationship), you do not own the home. Unless the homeowner claims your items as belonging to them, what you own is not covered. 

As a result, if a severe accident impacts you and you don’t have renters insurance, you’re going to be in a challenging situation. We understand that it might not seem necessary or wise for you to get this kind of protection. However, it is essential to do things right in this situation.

What Renters Insurance Covers

Renters insurance will cover anything that belongs to you in a home. It does not cover the house’s structure (the homeowner’s insurance policy covers that) but protects anything you own while you rent from others. This can include clothing, televisions, books, and much more. 

Thankfully, this type of policy is surprisingly inexpensive and can be adapted to suit your needs. Many people often find that this policy is an excellent choice until they move out of their family’s house, at which point they’ll need another type of policy to ensure that they are protected from damage.

Get Help Today

Do you need renters insurance that meets your needs? Are you ready to stay protected and safe in your Brevard, NC rented room? Then please don’t hesitate to call us at Brevard Insurance Agency Inc to learn more about how we can help.

Do I Need Renters Insurance if my Landlord has their own Insurance?

Many renters have the common misconception that their belongings are covered under a policy if their landlord has insurance. However, that is not true because homeowner’s insurance only covers the homeowner’s belongings. Generally speaking, renters insurance is optional; however, your landlord may require that you carry a policy within the lease terms required to sign. Landlords require renters insurance because it limits the likelihood that a tenant will sue them for liability costs or damage to their personal property should an incident occur. 

Renters insurance may only be required in certain situations, but that doesn’t mean you shouldn’t have coverage. The general property, loss of use, and liability coverage that are generally found on all renters insurance policies are exceptional value for minimizing the financial loss associated with an unexpected event that damages your belongings or leaves you liable for someone else’s medical bills. While policies vary depending on the coverages chosen, generally, each renters insurance policy will cover the following:

  • Personal Property Damage: Pays up to your policy limits to replace your belongings that are destroyed by a covered event.
  • Personal Liability: Protects you from legal liability if an accident occurs to a third party at your home or apartment.
  • Loss of Use: If the place you are living is uninhabitable due to a covered event, your renter’s insurance policy will pay for your expenses.
  • Medical Protection: Pays for medical expenses incurred by someone injured at your residence.

When it comes to offering peace of mind, renters insurance is a no brainer. At Brevard Insurance Agency Inc. in Brevard, NC, our talented team of insurance experts will help crunch the numbers, answer your questions, and customize a renters insurance policy that exceeds your expectations.