Renters Insurance

Renters Insurance for Tenants Across the Delmarva Peninsula 

As a renter, you need an insurance policy that provides coverage for your personal possessions. While the property owner is responsible for insuring your apartment building, condo or house, their coverage doesn’t handle damages to your personal property resulting from a disaster such as a fire or a storm. 

With renter’s insurance, you’ll have the coverage you need to help you recover from a catastrophe that damages or destroys your belongings. Contact the agents at Wilgus Insurance Agency to get the coverage you need. 

What Is Renters Insurance? 

Renters insurance is a contract between the insurance company and the insured person. The insurance company collects a premium in exchange for their agreement to help pay for damages if your belongings are damaged in a covered event. Your coverage may include damage caused by theft, vandalism or severe weather. 

Many types of events outside of your control could potentially damage the contents of your home. Think about how much money it would cost to replace the things you own if an unexpected event destroyed everything. 

If you must move out of your home after a covered event to allow for necessary repairs, renters insurance helps you cover costs like hotel fees and restaurant bills. 

Your renter’s insurance policy also includes liability protection if someone is injured while visiting your home or you accidentally hurt someone and are sued for damages. 

Is Renters Insurance Required? 

Some property owners require their tenants to purchase renter’s insurance. Even if you aren’t required to carry the coverage, this type of inexpensive policy offers a great deal of value.  

Additional Coverage With Renters Insurance 

Your agent may recommend that you choose additional coverage, so you have even more protection. You can tailor your renter’s insurance plan with the following: 

 

• Umbrella liability insurance—This policy may help pay for damages that exceed the limits of your renter’s insurance policy.

• Flood insurance—If you live in an area known for flooding, you may want additional protection against this hazard.

  

Get the Coverage You Need Today 

Call the agents at Wilgus Insurance Agency at 844-494-5487 today to get a renters insurance policy that meets your needs and works with your budget.