Renters Insurance in Lancaster, SC
Renters insurance is essential in covering your own liability and belongings while in a rented home. At Williams Finance and Insurance, we’re here to help you find the coverage that matches your unique circumstances.
What Does a Policy Include?
A standard renters insurance policy can offer the following coverage:
- Loss of use coverage can help pay for additional living expenses such as accommodation and meals if a covered risk forces you to temporarily move out of your rented property.
- Medical payments coverage can cover the medical expenses of a guest who is injured due to a covered occurrence on your rented home.
- Personal liability coverage can shield your finances if you’re held responsible for causing property damage or bodily injuries to another person.
- Personal property coverage can cover your belongings if damaged by a covered event.
Policies are subject to coverage limits, so make sure your limits are enough to adequately cover your risks.
Why Do I Need It?
It’s a good idea to carry renters insurance, as your landlord’s master policy does not offer you financial protection. While South Carolina doesn’t legally require renters insurance, your landlord or property management may ask for proof of coverage before you move in.
How Much Does a Policy Cost?
The cost of a renters insurance policy can depend on your location, claims history, type of property and coverage limits. If you feel that your rate is too high, talk to your broker about potential discounts, such as bundleing your renters policy with auto or motorcycle insurance.
Where Can I Purchase a Policy?
Contact Williams Finance and Insurance to request a quote or learn more about your renters insurance options.