Pittsburgh is a city that has undergone a renaissance. It has a lot to offer, and people looking for rentals are aware of that, making it a popular place to call home. More than 52% of all housing units are rentals, but less than 45% have renters insurance. At Affinity Insurance Partners in Pittsburgh, PA, we are locally owned and operated, and we believe in being there when our customers need us to answer questions and provide support.
As a renter, you may think that you have no reason to have renters insurance. Your landlord owns the building. They must have insurance. Hopefully, he does, but that is really irrelevant to you. Their insurance protects their building. It doesn’t cover anything you own. You will lose everything in your rental if it is damaged or destroyed. For many reasons, you should consider having renters insurance.
You most likely own a lot more than you realize. Imagine having to replace it all at one time. Pretty overwhelming. You have options for the type of content coverage you choose. You can choose an actual value, which is less expensive, or a replacement cost. Actual cash value is the value today of something you may have purchased 5 years ago. If it is something you won’t replace, that is fine, but you will come up short if you want to replace it.
Even though you don’t own the building, if someone is visiting you and is injured by you, a family member, or just an accident, you could be liable for their medical expenses, and they could decide to sue you.
Loss of use
If your rental is damaged, this coverage will help to pay for a place for you to stay while your home is uninhabitable.
Contact Affinity Insurance Partners in Pittsburgh, PA with all your rental insurance needs.