In these difficult economic times, many
people are watching their pennies and downsizing. With so many foreclosures,
more people are being forced to rent, and may have decided not to have Colorado renters insurance
in order to save money. But here are some good reasons why you should maintain
your renter’s insurance:
·
Liability protection: Even though you
might not have a high income or lots of assets now, a liability claim againstyou can result in a lien on your future income.
·
Floaters and endorsements: You may have
expensive items such as jewelry, computers, cameras, and mountain bikes, which
would really put you in a spot if they were stolen or destroyed. Renters’
insurance policies often offer specific coverage for such items.
·
Landlord requirement: Okay, in this
case you won’t have a choice. But what if you don’t have insurance and your
landlord sues you for damage to his property or even for an injury on the
property?
·
Identity theft: Many renters insurance policies
offer identity theft recovery protection. This has the potential to save you
thousands of dollars in the event of your identity being stolen.
By staying protected with Colorado renters insurance, you could
have some peace of mind. Speak to an agent about affordable quotes.
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