When you own a home in Florida, your mortgage lender usually requires that you get home insurance to protect its investment. If you rent, though, your landlord may or may not require you to have renter’s insurance. Typically, this is an option left up to you, but getting insurance is almost always in your best interests. This is because the home owner’s insurance on the property will not cover your belongings.

Trusted Choice explains that renter’s insurance covers your personal property in the event of a disaster or crime. It protects against damage, theft, and vandalism. It also offers you protection if someone gets injured while visiting you. However, you should note that sometimes injuries are covered by the homeowner’s insurance policy.

Renter’s insurance gives you peace of mind. If there is a weather disaster or you have a fire and you lose every possession in your home, your insurance will help with replacing what you lost. In many cases, your insurance also provides you with extra help. If you cannot live in your home, your insurance may provide you with reimbursement to stay in a hotel.

Having this type of insurance is a good thing because it protects you against the unknown. If someone breaks into your home and steals your television, you just have to make a claim and your insurance will help you replace the TV. It is nice to know that you have this help if you ever need it. This information is for education and is not legal advice.