Renters insurance for your home

When you own a home, you take pride in its appearance. You want it to look great and feel like a home to you and your family. When you live in a rental, the same feeling applies. Keeping a rental clean and in good shape might be a little work, but it will be worth it. However, you may have some concerns over who is responsible for what when it comes to building maintenance. It is definitely something that should be discussed with your landlord when you first review your lease agreement.

In most cases, you will be asked to leave a security deposit when you first move into your home. This deposit should be set aside and not used unless necessary when you move out of the rental. Your landlord will give that money back to you if the rental is left in a suitable condition. However, you will want to make sure your idea of a suitable condition is the same as your landlord’s idea of it.

If you are responsible for maintaining the appliances in the rental, but do not keep up with the maintenance, you may not get your security deposit back when you leave. If your landlord is supposed to keep up with the appliance maintenance but doesn’t, that’s a different story altogether. You should not be held responsible for any issues that arise from the lack of responsibility by the landlord. Definitely discuss responsibility with your landlord before signing your lease agreement.

Also, you will also want to protect your own belongings while you are renting. A renter’s insurance policy can be obtained for a very inexpensive premium charge. It will cover your belongings and give you liability protection as well. Call us to find out more about the benefits of having your own rental insurance policy.

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