Your growing up and moving out of mom and dad’s house. You may be moving in with roommates or maybe with your girlfriend/ boyfriend. After budgeting all of your expenses for the rent, food and, bills you may want to consider one more thing.
When you move out of your parents house, you are creating your own world but, now you are also taking responsibility for yourself. A renters policy provides more than just insurance for your belongings. It provides you with liability insurance. This is insurance that covers things such as law suits. The purpose of it is to protect your assets.
Say you were being sued, Where are you going to come up with that money? Contrary to belief, a renters policy is very affordable.
It also provides coverage for your belongings. Yes, all of the people or companies that are renting the space to you have a insurance policy for the building but, that does not cover any of the belonging in the space, just the building. If there were a fire, you would have to replace all of your belongings, out of pocket. When you think about it, the cost of the renters policy far outweighs the cost of replacing all of your belongings at one time.
If you would like a quote or just to talk about your options, We at Quincy Insurance Agency are always available. Just give us a call at 781-431-9600!