Renters Insurance NYC

The average renter has approximately $20,000 in possessions. Landlords insure the building in the event of damage to their property; however, their policy will not cover your personal items lost due to theft or damage from fire, lightning, smoke, windstorms, hail and vandalism. The proper renters insurance also provides liability coverage and protection against lawsuits and medical bills of guests that may get injured in your apartment. Coverage is inexpensive and comprehensive and can also cover living expenses should you be forced to live elsewhere due to a covered loss.

According to the U.S. Department of Justice, a rented property is 80% more likely to be burglarized than an owned property. If your possessions are lost due to theft, fire or certain weather-related causes, you would likely be on your own to replace them if you’re without renters insurance.

NYC Renters Insurance Quote

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