Your status as a renter in Georgia does not mean you do not have valuables that would be difficult to replace if damaged or destroyed. A renters’ insurance policy from Odico Group LLC provides the financial support you need to have peace of mind knowing your possessions are protected when the unimaginable happens.
What is renters’ insurance?
Renters’ insurance is an indemnity policy designed for those renting apartments, condos, and single-family homes. This type of coverage pays for damages to personal property as well as injuries sustained by guests inside your home. The amount of coverage you receive ultimately depends on the type of policy you purchase.
Does a higher premium mean the best coverage?
hose who pay more in monthly premiums may indeed receive more protection when disaster strikes. There is more to renters’ insurance than buying the highest policy.
Some renters pay high costs in monthly payments only to receive the actual cash value for damaged goods. Such an arrangement leaves a financial burden as electronics depreciate quickly. Those who opt for a replacement cost plan stand to receive full compensation up to the current market value of the damaged goods.
It would be best if you did not assume that a higher monthly premium equals Georgia's best renters’ insurance policy. It is best to, instead, speak with an insurance specialist at Odico Group LLC.
How much renters’ insurance do you need?
The amount of renters’ insurance you need depends on the type of lifestyle you lead. You want to consider how much you are willing to pay from your personal finances if you consider a plan with low policy limits. It is also important to learn about the benefits of having personal injury protection before writing off the addition to your renters’ insurance plan.
The agents at Odico Group LLC can help you fully understand the benefits of having renters’ insurance in Georgia. Call our office today to request a quote for coverage!