Natural disasters are on the rise all over the country. Being prepared to survive a natural disaster means not only preparing your rental the best you can but also protecting your possessions. At Anthony Lancaster Insurance Inc. in Memphis, TN, we offer a variety of different rental insurance policies to help you have financial security. If you are thinking you can save a little money by not having this valuable coverage, that is a mistake.
Your possessions
Imagine losing everything that is in your rental to a tornado, hurricane, or wildfire. You may think that your landlord or management company has insurance that will protect you, but they don’t. They have insurance that will protect them, not you. So the building is covered but not what you own. If you lost all of your clothing, furniture, electronics, and appliances how would you cope? Do you have the money it would take to replace it all at one time? If you are like most people, it would be difficult.
Loss of use
If your rental is damaged or destroyed by a natural disaster, where would you go? Do you have a place to stay while you look for a new rental or for your rental to be repaired? This can be expensive and finding a short-term rental can be challenging. If you have renters insurance, you will be able to stay at a hotel in the short term, and it will help pay for a temporary rental while you try to find a new place to live.
Liability coverage
If someone is injured at your rental or by a member of your family, this insurance will help you to pay any damages and legal fees.
Schedule A Consultation Today
Contact the office of Anthony Lancaster Insurance Inc. in Memphis, TN to discuss your rental insurance needs.