As the capital of Florida, Tallahassee has a very renter-friendly environment. 54 percent of the people who live here are renters. 70 percent of rentals are between $700 and $1500 which makes it an affordable place to call home. While there is no law in Florida that mandates that you carry renters insurance, some landlords may require that you have it. It will be a provision of your lease and once you sign the lease you must buy and keep renters insurance or risk eviction. Kingdom Tree Insurance Group offers renters their years of insurance experience when they have questions about coverage and the value of renters insurance.
You may assume that your landlord has your back covered when it comes to insurance. This is not the case. What landlords have covered are their building, the physical structure. If the appliances are supplied by the landlord these would also be covered on his insurance but not anything that specifically belongs to you. That means you are responsible for your furniture, electronics, and personal items like clothing and jewelry. Renters insurance will cover you for certain hazards like fire or theft. Read the fine print so that you know exactly what is and isn’t covered by your policy.
Renters insurance also provides other important coverages, liability, and loss of use. If someone is hurt while visiting your rental they can sue you which could cost you a lot of money in both legal costs and judgment against you. Loss of use coverage will help to pay for another place to stay if your rental suffers a covered hazard and is uninhabitable.
When you are ready to discuss the benefits of renters insurance, the friendly staff at Kingdom Tree Insurance Group in Tallahassee, FL is looking forward to meeting with you. Stop by the office or give them a call for a no-obligation quote.