The Insurancenewsnet, gives us a good reminder that renter insurance is important:
- Renters experience apartment theft 50 percent more than homeowners, yet nearly 70 percent of renters don't have coverage.
- Renters insurance typically covers furniture, appliances, televisions, and clothing — all of which are identified as a person’s personal property inside the rental unit.
- Tenants should also confirm coverage includes personal liability. A crucial part of renters insurance, personal liability, provides coverage for compensatory damages if a tenant is legally liable for another person’s bodily injury or property damage as a result of an accident.
We see cases from time to time where the coverage has been vital after a person has been injured. The renters who had the foresight to protect themselves have made a big difference.
If you are a renter, it is helpful that you protect you and your family in a manner that keeps you all safe.
A founding partner with Bradshaw & Bryant, Mike Bryant has always fought to find justice for his clients—knowing that legal troubles, both personal injury and criminal, can be devastating for a family. Voted a Top 40 Personal Injury "Super Lawyer" multiple years, Mr. Bryant has also been voted one of the Top 100 Minnesota "Super Lawyers" four times.
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