Connie Phillips Insurance Blog

According to figures released by the United States Department of Justice, burglaries in rented property are 79 percent more common that in those where the property is owner occupied. Your landlord's insurance won't cover you for loss of your possessions if you live in a rented house or apartment and have been the victim of a burglary or damage to the property. Think about taking out Maryland renters insurance if you haven't done so already.

Renters insurance tends to be cheaper than other forms of home insurance as it is usually limited to covering the loss of possessions through burglary or damage. However renters’ insurance policies can also pay for living expenses, such as the cost of a hotel room, while repairs to the house are being carried out if damage made the house uninhabitable. Liability coverage can also be included.

The market for this type of coverage is immense with around one third of Americans renting their homes. Many renters are becoming aware of the risks in not having such insurance in place. Premiums are generally relatively cheap, so it can be very cost effective coverage. Why not consider shopping around for the best deal on Maryland renters insurance by contacting one of our agents? They will be able to guide you through the process and offer help and advice where necessary.

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