Work-Life Balance

Benefits of Assurant Renters Insurance for Employees

Assurant Renters insurance is essential for all employees who have no house of theirs yet. we were able to cover the vital point of why you need Home Insurance. Obviously, not all employee can afford a home of theirs. so we have to get this vital information about getting insurance for your rented apartment.

It is also important to note that why having your own home is the goal.  You need an insurance for your rented apartment to cut the cost of living in such apartment while you save up for a home.

On this post, we will be discussing the reasons why you need and should get Renters insurance as well as considering Assurant. But first, let’s understand what renters insurance means.

Renter’s insurance is a form of property insurance that provides coverage for a policy holder’s belongings, liabilities, and possibly living expenses in case of a loss event.

It’s available to persons renting or subletting a single-family home, apartment, duplex, condo, studio, loft, or townhouse.

Below are the benefits of why you should insure your rented apartment as an employee.


Reasons for getting Assurant Renters Insurance as an Employee


Financial Protection:

With this insurance, you are financially protecting yourself and property. This will enable you to save more for your own personal home or invest to acquire your dream home properties.


Medical Cost

I try as much as possible to let you see the benefits in the area of the financial cost. Having a medical cost coverage for you and your visitor in case of an incident keeps you on a safe side.

This insurance covers your medical cost in case of an accident. This will help you to avoid unnecessary and unplanned spending


Additional Living Expenses.

If your apartment is undergoing a repair probably due to a disaster, you don’t need to start all over again, Renters insurances cover Hotel cost after a disaster.

This literally means that when you apartment because uninhabitable due to a disaster such as fire, flood, earthquake, tsunami etc.  You have to get a place to stay temporarily, probably a hotel. Your renters insurance will take care of the cost.


Liability Insurance

Assurant Renters Insurance provides liability insurance to cover up for damages or injuries you and your family may cause others. That is, If your kids incidentally break a neighbours glass window, such damages are cover under a liability insurance policy. you don’t need to worry much about it.

Also, Liability Insurance covers for legal cost. If someone gets injured in your base and you get sued for it. Your legal cost is covered by this insurance.


Rented or Borrowed Properties

According to the insurance information institute, “The renters insurance covers things in your possession” this could mean stuff that you rented or borrowed. It can also mean your own properties in as much it is in your possession, has a coverage.


Off-Premises Coverage

This is a handy coverage you should have as it will cover for lost properties when you are not around.

Should you find your luggage lost or stolen while away from home, your renters insurance will cover you. Though might not be in full replacement, it is far better to have this coverage.


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