Why is it Important to Get Tenant Insurance Before Moving to Your New Place?

You’ll need an insurance policy to cover your belongings before moving into your new house. This is when the cheap tenant insurance agency in Langley comes into the picture. The owner will have a landlord’s property insurance to cover the expense of the building. The tenant insurance protects you and ensures you’re taken care of in case of any issues.

Not many people get the issuance because they think the landlord will cover it. No, the tenant has to get this insurance. Since your clothing and electronics will add up to thousands of dollars, you need to protect them.

Even if you think you don’t need insurance, here are five reasons that explain the importance of getting tenant insurance in Langley.

1- Some landlords ask for it

Your landlord has insurance that covers the property but not your possessions. A growing number of landlords want the receipt of you purchasing the insurance.

They do this because some of the responsibility of repairing the damages will be shifted from the landlord to the tenant. If you need assistance in filing a claim, your landlord will also step forward and help you.

2- It covers additional living expenses

If your house becomes uninhabitable under any circumstance, then the tenant insurance will cover your expenses for staying elsewhere temporarily.

They will also cover all the major expenses like food and utilities. Although, before getting the insurance check for how long they cover the living expenses.

3- It will protect your personal property

Your possessions such as clothing, jewellery, luggage, computers, furniture and electronics are protected under the insurance. However, the conditions under which they are covered are listed below: -

• Explosion
• Falling objects
• Hailstorm
• Windstorm
• Lighting
• Riots or commotion
• Theft
• Smoke
• Weight of snow
• Damage by aircraft and vehicles
• Volcanic eruption
• Water damage or heat damage because of air-conditioning. Heating systems, plumbing, sprinkler, etc.

However, losses because of floods and earthquakes are not covered. There are separate policies that cover those perils.

4- It is affordable

Once you get the insurance, you will have to pay $30-$40 per month. This makes it extremely affordable and one that every tenant must have before moving into their new place.

Although several factors decide the cost, such as how much coverage you need, the type of coverage you are eligible for, the location where you reside, and the deductible amount.

5- Your possessions are safe when you travel

Whether you leave your possessions in your flat, car or during travels, you can be insured with the tenant insurance. You must ask your insurance provider to explain every condition properly before getting their insurance.

Wrapping up

Tenant insurance in Langley is important because it covers the injury that was sustained by you or someone else in your home. To learn more, click here.

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