Being a tenant does not save you from liabilities. You are responsible for any damage you cause to someone else’s property or apartment even if you do not live in the apartment. The situation might seem more heightened in a property you live. Your savings might be completely eroded by a huge damage but that is why you need a robust tenant insurance to cover you.
The IA Tenant Insurance saves you from losing your savings and everything you have in order to repair losses incurred by you.
It takes care of the liability and allows you to focus on more important things in your life. This plan is similar to the homeowner’s insurance but it is customized to meet the needs of tenants.
Why You Need IA Tenants Insurance
The tenant insurance covers specified perils such as fire and theft and also all risks. It helps you to protect your assets and take care of any tenant liability you incur. The ‘all risk’ clause implies that your personal properties will be protected against all risks including the ones not specified in the policy.