Apartment living is great, but it does come with some responsibilities. One of the first things that must be done after moving into a new place is to secure renters insurance in St Charles MO. Here are a couple of examples of how this type of coverage will come in handy should a covered event take place.
A Guest is Injured in the Apartment
There is often the perception that if anyone is injured in the apartment, the responsibility lies with the building owner. That is not necessarily the case. Unless the injury took place due to a structural issue with the building or the malfunction of one of the appliances provided by the owner, the tenant is the one who must deal with the situation. This includes covering medical costs for treatment and any other expenses that the injured party can rightfully claim.
If the tenant does have Renters Insurance in St Charles MO, those expenses will be covered in full. At best, the tenant will have to meet a deductible or tender a co-payment for a portion of the cost of that claim. The rest will be covered by the insurance provider.
Damage to the Apartment
Even when people are careful, there is still the possibility of something happening in the apartment. A faulty lamp could cause a fire and create a lot of damage to the space. The tenant could doze off while smoking a cigarette, leading to a fire that damages the carpeting. Perhaps the tenant accidentally breaks a plate glass window while hanging a new window treatment. All of these situations will not be covered by the landlord. They will, in many cases, be covered by the provisions of a renters insurance policy.
For tenants who have not looked into the idea of renters insurance before, today is the right time to start working with an agent. With a little planning, it is possible to come up with a plan that fits the budget of the renter and also offers enough benefits to provide an adequate amount of protection. Once in place, the tenant can get back to enjoying the space for many years to come.
