Renters Insurance in New Jersey
Whether you rent or own a home, you need to protect all your belongings inside that house. Therefore, it's a must to have a good New Jersey renter's insurance policy from Dirus & Sons if you rent in Neptune, NJ.
Why Do I Need Renter's Insurance?
There are several reasons to get renter's insurance for the place you currently reside in, and it's often required. For starters, the insurance your landlord carries only covers damage to the actual structure of the building, not the contents of it. This means your flat screen TV, gaming consoles, and other expensive items won't be covered.
Additionally, you need to have a renter's insurance policy to cover liability-related costs. If you cause damage to your apartment or a neighbor's apartment, you could be found liable for those damages. This is also the case if you have a suit brought against you as a result of these damages.
What Does Renter's Insurance Cover?
In broad terms, New Jersey renter's insurance is broken down into a few different categories. You get coverage for personal property, loss of use, liability, and additional coverages.
Personal property coverage takes care of all your property inside the home. You choose the amount of coverage you need based on the value of your personal property. Liability coverage pays for any damage that you may be found liable for causing. This includes injuries to other people, damage to neighboring structures, and more. Loss of use coverage pays for living expenses if you have to relocate while your home is being repaired temporarily. There are also additional types of coverage that you may find necessary for your specific situation, but those are the basics.
Protecting yourself from liability and covering your personal property is essential. If you're looking for a renter's insurance policy for your Neptune, NJ home or apartment, call Dirus & Sons to learn more today.