MONDAY, FEBRUARY 2, 2015
 Imagine this scenario. You are a renter and the apartment you are renting is completely destroyed by a fire. All of your possessions are toasted to a crisp or coated in layers of smoke damage. How much will it cost for you to start over?
There are many ways in which a renter may find themselves facing total loss. Fires are a significant cause of destruction. A flood can result in severe damages. Weather events cause floods, but so do burst pipes or an overflowing tub in the unit above yours. Apartments are also subject to theft. Although a theft may not result in complete destruction, expensive and valuable items are typically lost.
Tenants without renters insurance will have no way of receiving reimbursement for their losses. They are forced to start over on their own. This typically means finding a new place to live and purchasing all new furnishings. In addition, replacement of clothing, toys, electronics and more is necessary. The cost is staggering and most people find they just cannot afford to purchase items to replace what they had, which costs of average of $15,000 to $20,000.
Those with renters insurance face a different circumstance. They can receive funding to cover the items that were lost, allowing them to purchase replacements. It is likely they will be able to return to the way life was before the damaging incident occurred.
The cost of renters insurance is minimal when you think of the big picture. Paying a few hundred dollars a year is small in comparison to the amount required to recover from a fire, flood or theft. The insurance will pay for itself if you have to use it just once in your lifetime. That is a bargain!
Protect your personal assets. Call De Caro Insurance at (626) 331-0914 for more information on La Puente renters insurance.
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