Being a Columbus, NE renter has its advantages…
When you rent, you don’t have to worry about paying property taxes, cutting the grass, or shoveling snow.
Imagine coming home from work or a trip to find that a fire had destroyed everything in your apartment. What if thieves broke in and stole your most valuable items?
You might think that the insurance of the building owner would cover all the damages from something like a fire.
But actually, it doesn’t.
The building owner’s responsibility is to insure the structure of the building. This means they take care of anything outside “your walls,” but not what’s inside.
So, all your stuff like furniture, gadgets, clothes, and jewelry won’t be covered unless you get renters insurance for your Columbus property.
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Personal Property
Risk Factor
Unpredictable losses can occur to your property due to burglary, fire, water damage, storm, and more.
Solution
Personal property, such as furniture, rugs, TVs, stereos, clothes, and more may be covered under your basic insurance policy. However, items like jewelry, furs, silverware, antiques, collectibles, and other valuables should likely be insured separately.
Limits and Exclusions
Risk Factor
Some types of personal property are subject to limits of coverage under renters insurance policies. These limits vary by the type of property and by what caused the loss or damage. For example, jewelry, bicycles, collectible cards, and coins may have limited coverage or may not be covered.
Solution
Obtain a personal floater or schedule your valuable possessions to ensure you’ll have the money to replace them.
Additional Living Expense
Risk Factor
If the building you live in has a loss from a covered peril under your renters insurance policy that makes your apartment or home uninhabitable, you will need to find somewhere else to live while the repairs are undertaken. This can be expensive and inconvenient.
Solution
Be sure your insurance policy includes additional living expense coverage. If you need to move out and rent another location, this coverage provides for the increase in living expenses–such as moving costs, increased food costs, and other expenses.
Liability
Risk Factor
You are responsible if you or a guest in your unit trips and falls or sustains an injury while on your property.
Solution
Be sure that you have adequate liability insurance to protect for claims made against you for bodily injury or property damage – such as a slip and fall or other allegation. Liability coverage also provides protection should you become legally liable for unintentional bodily injury or property damage anywhere in the world.
Medical Expenses
Risk Factor
You're responsible if a guest is injured while on your property and you may be required to pay their medical expenses.
Solution
Ensure your insurance policy covers this risk. In the event a person is injured in your unit, he or she can submit medical bills to your insurance company. Medical expenses are usually paid without a liability claim being filed against you, with typical limits ranging from $1,000 to $5,000.
Landlord
Risk Factor
You may not be able to rent the apartment or home if your landlord or property manager requires renters insurance and you do not have it.
Solution
Having a renters insurance policy allows you to provide a certificate of insurance to the landlord or property manager showing that you have the coverage required to rent the apartment or home.
Improvements or Betterments
Risk Factor
Any improvements or betterments that you have made to your unit are subject to damage.
Solution
Be sure to obtain coverage for improvements or betterments that you have installed in your apartment or home.
Contents Away from Home
Risk Factor
You may take your valuable property outside of your unit. For example, what happens if your laptop or golf clubs get damaged or stolen while traveling?
Solution
Be sure to add off premises theft coverage to your policy to cover your personal property while your belongings are away from your home. Auto insurance does not usually cover personal property stolen from your car.
Premises Liability
Risk Factor
You may be responsible for damage to your apartment or dwelling should you, for example, have a leaking sink or accidentally start a fire.
Solution
Be sure your policy has liability coverage that includes tenants legal liability or premises liability. Your landlord may require that you to have this type of insurance protection in place as a requirement before renting the property to you.
The Cost Of Replacing Your Stuff
Think about everything you own—like your clothes, computer, and furniture. It might not seem like much, but replacing them would cost a lot more than you might expect. Even if your items don’t seem valuable, the price to replace them can be surprisingly high.
Personal liability and property insurance in Columbus is more affordable than you might think. This insurance not only covers your belongings but also protects you from being liable if someone gets injured in your home. If you’re ever sued and the judgment goes against you, this policy will cover the costs up to the policy limits. It’s a wise way to protect both yourself and your possessions.
Do you need renters insurance in Columbus, NE?
Recent statistics show that around 54 million renters lack insurance for their belongings or any liability from renting. This highlights the significant risk of being uninsured.
To understand the potential financial impact, calculate how much it would cost to replace all your possessions. Knowing this value is crucial.
Also, check the terms of your lease. Your landlord might require you to have a renters policy, which is common in many rental agreements.
Lastly, reach out for a renters insurance quote from our Columbus team and discover how affordable it can be to protect your belongings from threats like theft, vandalism, and fire.
What else is covered?
Renters insurance can protect nearly all your personal possessions. Most policies for personal liability insurance in Columbus offer coverage for electronic devices, small appliances, sports gear, cameras and photography equipment, furniture, clothing, glassware and china, and books. Additional items like computers, jewelry, furs, watercraft, and firearms can also be included with extended protection to ensure comprehensive security. Your renter’s insurance policy may include:
- Personal property protection
- Family liability protection
- Guest medical protection
- Additional living expenses
- Additional protection
- Temporary housing
- Liability protection for people on your property
We urge all renters to take just five minutes to calculate the cost of replacing their belongings. Imagine coming home and finding your apartment burned down. Where would you stay? How would you afford new clothes, furniture, and appliances? With renters insurance from our Columbus agency, you can confidently say it covers all these needs, giving you peace of mind in any situation.
Why We’re Different
While many insurance products might seem the same in cost and use, the companies behind them differ in how they create policies that match your needs.
There’s no universal personal liability and property insurance policy that fits everyone’s personal belongings perfectly.
At Eric Luebbe Insurance, our approach is tailored and proactive. Our skilled team listens to what you specifically need and crafts a personal liability and property insurance policy just for Columbus residents and their rentals.
We focus on foreseeing potential problems and delivering solutions to safeguard you and your possessions. Reach out to us today to learn more about our renters insurance in Columbus, and let us help secure what’s most important to you.
Let’s Get Started
Columbus Renters Insurance Quote Request
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