5 Facts You Need to Know About Florida Renters Insurance

Many people can be flustered by having to pay renters insurance, but it can be priceless if you ever run into any problems.  Renters insurance in Florida will provide you with that little safety net that you may need in the event of any possible crisis.  

Here are 5 facts that you need to know about renters insurance in Florida according to https://floridainsurancequotes.net/renters-insurance/fl-renters-insurance/.

1. The Cost of Renters Insurance

The average cost of renters insurance will run from $150 to $175.  The good thing is that most companies will break the cost down into payments that will end up costing you about $15 a month.  To have protection of all of your personal belongings for $15 a month will be well worth it.

2. Inexpensive Protection

It is important to keep in mind that there will be a deductible amount that will be attached to your policy.  You would be looking at a deductible rate in the $500 range. But, with how expensive electronics are today, if they were to get damaged or stolen in your house, paying $500 won’t be as bad as the cost to replace them all.

3. Liability

Your renters insurance in Florida will cover you in the event that you get sued for someone getting hurt or injured on your property.  Living in a building with many floors, someone could get hurt near your door and sue you, even if they weren’t coming to see you.

4. Living Expenses

Renters insurance in Florida will cover you in the event of some kind of natural disaster.  They will pay you the cost of temporary housing while your home is being restored. It is imperative that you keep receipts to show what you had to spend.

5. Not Covered

What is not covered by renters insurance includes a flood, pet damage, or damage due to improper storage.  If you have items stored in a garage or shed and they become wet or mildewed, you will not be covered.