If You Love Your Stuff at Bellemeade Farms Insure It
We know thinking about insurance is about as much fun as waiting in line at the DMV, but if you dig the sweet gear in your apartment at Bellemeade Farms, you need to protect it. The good news is renter’s insurance won’t empty your wallet and there are plenty of good agents to work with in Leesburg, VA.
Don’t need insurance?
Some folks in apartments don’t believe they need it. The fact is, in the case of theft or catastrophe you won’t be able to replace your belongings. Just take a walk around your place and see how much it might cost to pay for everything on your own, then consider the cost of insurance.
Types of Insurance
First, decide whether to opt for depreciated or limited replacement cost coverage. Depreciated coverage is the cost to repair or replace your belongings minus depreciation. For example, if you bought a couch with an expected life of 10 years and it’s now five years old, you could expect to receive $500. A limited replacement cost policy would be slightly more expensive, but you would receive $1,000 for your couch in the same situation.
You should also keep in mind that insurance coverage for some types of personal property is limited in terms of dollars. Renters insurance also gives you personal legal liability coverage and medical payments to others who are accidentally injured while in your apartment. If you are forced to live elsewhere because of damage to your residence due to a covered loss, renters insurance covers additional living expenses.
Take the next step and learn where you can buy renters insurance. The team at Bellemeade Farms can help you find a reputable insurance agent in the Leesburg, VA area.
Photo by Janet Ramsden on Flickr.