Renting a home or apartment is a great alternative to homeownership. Rent may be less expensive than a mortgage, and you can trust your landlord to take care of repairs and maintenance. You might not realize, however, that you can’t rely on your landlord’s insurance policy for protecting your personal property. That’s why A-Affordable Insurance specializes in helping Massachusetts tenants find the right renters insurance coverage. We believe everyone deserves access to affordable insurance, so we work tirelessly to secure the level of coverage that works best for your budget.

The Importance of Renters Insurance

Most rental properties are covered by a landowner’s insurance policy. Unfortunately for renters, however, the landowner’s insurance only protects the parts of the building the owner is responsible for, like exterior structures, sewers, and shared spaces. The protection stops where the landowner’s property does, meaning you need a renters insurance policy to protect yourself, your guests, and your belongings inside your unit.

The average renter in America owns about $20,000 of personal property. Apartments are also 25% more likely to be burglarized than private homes. When your apartment is burglarized, for example, your landlord is not responsible for covering the cost of replacement – and neither is your landlord’s insurance company. To protect your personal property against burglary, fires, and more, you need a renters insurance policy.