Renters Insurance In Pennsylvania and New Jersey
Renter’s insurance is one of the most overlooked insurance options even though tons of Pennsylvania and New Jersey residents rent their dwellings. Perhaps this is because tenants are confused about what it is or they think they are already covered. We here at Devlin Insurance want to lay out some facts about renter’s insurance to help you better understand it. First, it very simply offers coverage for personal belongings that are covered in the policy in the case of certain losses. For instance, if a fire starts and burns your possessions, renter’s insurance can help you replace them.
Some of you are probably thinking, “What? Isn’t my landlord responsible for a fire on his property?” Though the specifics are best left said by a pro, the short answer is that he is not responsible for your belongings. Even if the landlord’s insurance covers the house, you will still need insurance to pay for your personal possessions. If the fire is due to faulty wiring or something he is responsible for, you should consult an attorney. It is best to never assume someone else has you covered.
Some of you may have even heard that landlords have been known to require tenants to get renter’s insurance, and you may be wondering if he can do that. The simple answer is that he owns that property, and he can require it. You have the option not to agree, but you will have to find somewhere else to live. If he did not state that specifically before you signed your lease agreement, he cannot just spring it on you later and expect you to have it the next day. Any changes, unless otherwise stated in the lease agreement, must come with a notice giving you time to respond.
If you are a Pennsylvania or New Jersey resident who is considering purchasing renter’s insurance, or you simply have more questions about it, please call or come by Devlin Insurance. We are here to help you and your family get the coverage you need.