Renting a place to live at Chattanooga, Lookout Mountain, Signal Mountain, Hixson, Ooltewah, Nashville, Murfreesboro, Franklin, Knoxville, and Oak Ridge are the best locations. And it is also good to have renters insurance.

Renters insurance exists not only to protect the belongings in your home but so much more. There are so many misconceptions when it comes to what renters insurance is and what it covers. Here are some common myths (and realities) about renters insurance.

Myth: I don’t have enough valuable personal items to warrant renters insurance.

Reality: Items add up fast! Your electronics, appliances, and clothes are all large expenses that can be protected under your policy.

Myth: My landlord’s insurance will cover the damages to my belongings.

Reality: Typically, a landlord’s insurance policy only covers the physical structure—not anything that’s within your walls or another tenant’s.

Myth: My personal belongings are the only things covered under renters insurance.

Reality: Renters’ insurance can also cover damage to someone else’s property within your home. And, depending on the limits of your personal liability coverage, it can help cover some or all of the medical expenses if someone happens to get injured on your property.

Myth: I can’t afford renters insurance.

Reality: Renters’ insurance can be incredibly affordable. Although pricing can always vary, some policies can cost less than $25 each month.

Don’t Wait to Secure Coverage

We spend a lot of time and energy filling our living spaces with items that make it feel like home—but it only takes one unexpected event for damages to occur.

Renters insurance can give you peace of mind in knowing that you and all of your belongings are properly covered. Be sure to secure adequate renters insurance as soon as you move into your new space.

To learn more about renters insurance and to secure a policy of your own, contact RISE Insurance at 423-541-1111 or email us at info@riseins.com.