Approximately 900 people move to Florida every day. Of course, not all of them move to Miami but the rental market there is certainly hot and if you have already found a great rental you are one of the lucky ones. While the weather is lovely most of the time in Miami there is always the risk of a hurricane or at the very least high winds that can damage a home, condo or apartment. Other events can happen as well that can damage a rental and if that should happen, you need to know that you are protected. At Assure-US in Miami Beach, FL, we understand rental insurance and why it is a good idea to have.
As a renter, you may assume that the landlord’s insurance will protect you. That is only partially true. The landlord’s insurance protects the physical part of the building but it does not protect your possessions. It also does not protect you if a guest is hurt while visiting you. If your rental is damaged or destroyed you could lose everything. Having to replace all your possessions can be very expensive. Just think about your electronics, jewelry, clothing, and furniture. It could be thousands of dollars.
Renters insurance can also help pay for a place to stay in the event your rental is damaged so badly that you can no longer inhabit it. Liability coverage is an important part of renter’s insurance. It will protect you and your family members from any lawsuits that might be filed against you.
Living in Miami Beach, FL like most places comes with hazards. While everyone hopes they won’t happen to them, it is something that can’t be counted on. At Assure-Us our experienced agents can help you to decide if renter’s insurance is something that you could benefit from. Give them a call or stop by the office, you will be glad you did.