Renters Insurance

Renters insurance is an investment that many tenants brush off, only to realize how important it is when the unthinkable happens. While your landlord may ask you to purchase renters’ insurance, it’s not a mandatory requirement. But even though it isn’t legally required, you will be wrong to think that a few bucks saved with foregoing renters insurance will be worth it.

There are many benefits you enjoy when you buy renters insurance from Costa Do Sol Agency Inc., serving New Jersey and the surrounding areas. Let’s look at some.

• Personal asset protection: When you get the urge to forgo renter’s insurance, think about personal belongings like electronics, furniture, clothing, and so forth. When you list your properties down, they could run into thousands of dollars. That said, you need to protect your assets with renter’s insurance from perils like theft, fire, vandalism, smoke damage, hails, riots, and many more.

Otherwise, without renter’s insurance, your hard-earned assets could go up in smoke, forcing you to start from scratch.

• Liability coverage: Suppose your dog bites someone. Or perhaps a guest sustains injuries on your premises. Of course, there are medical costs involved and probably legal suits for alleged negligence. The good news is that you don’t have to pay for losses caused to third parties from your pocket when carrying renter’s insurance.
• Additional living expenses coverage:If your apartment becomes unhabitable for one reason or another, you may have to seek a temporary residence at a hotel. Here, you will incur accommodation and meal expenses that you hadn’t planned for. Thankfully, renter’s insurance can cover such costs, helping you get your life on track a bit faster.

There is a popular misconception that the landlord’s insurance protects tenants. This notion isn’t true. The landlord’s insurance covers the property you live in and not your assets. To that end, renter’s insurance is a worthwhile investment that every renter should consider.

Renters insurance in New Jersey

Having seen the benefits of renters insurance, it’s time you purchased one from Costa Do Sol Agency Inc. Visit or contact us today, and we will help you get the right insurance to protect you and your stuff.