Ormond Beach, Daytona Beach, and Palm Coast, Florida
Tenants live in non-owned habitational spaces and because they lack ownership, there is no dwelling structure to be insured, whether the lease is short term or long term. The rental agreement can be verbal or in writing to be eligible for renters insurance coverage. Landlords are responsible for rental property insurance or commercial property insurance.
Loss in the case of renters insurance is usually either fire or theft related. What falls into play when obtaining coverage that is suited for your situation, these factors are figured in:
- the type of building construction
- the location of the building
- the number of tenants
- the security of the building
- the security to the insured's particular unit
- the value of contents (furniture and appliances) and personal property (jewelry, fine arts, electronics, etc.)
You should ensure that safeguards are maintained against loss and to protect yourself, keep a current appraisal of your contents and property in a safe place, along with an inventory and photo record to document what you have so you can more easily recover your loss.
Personal liability is related to many factors such as who lives in the unit, what pets are kept, and what activities and hobbies are engaged in. Mitchell Noel provides free quotes on renters insurance for the Ormond Beach, Daytona, and Palm Coast area.