Why Renters Insurance?

Life is a journey and it is hard to predict what is going to happen next, as well as plan for every instance that may pop up. That is why it is so important to take out insurance policies to protect you from the unknown. There are a variety of different insurance policies out there to help protect you, one being renters insurance. If you are renting an apartment or even a home, it’s important to take out a renters insurance policy. Renters insurance will provide you with financial reimbursement if anything should happen to your belongings.

These Policies Cover A Range of Items Including:

  • Clothes
  • Furniture
  • Electronics
  • Decorations
  • Tools
  • Appliances (brought in by you)

Not only that, but renters insurance usually includes liability coverage. This coverage provides protection if someone is injured at your rental.


When it comes to renters insurance, there are a few misconceptions. A common misconception when renting is that the landlord’s policy covers the renter’s belongings. However, the landlord’s policy usually only covers the building itself, not the contents in it. Studies have shown that around 95% of homeowners have purchased insurance whereas only 37% of renters have purchased renters insurance. This could be due to the fact that renters think their belongings are covered under their landlord, or they think renters insurance will cost them too much each month when in actuality, these policies are rather inexpensive. The policy is priced with the location in mind as well as the number of units in your building, and the coverage limit.

Renters Insurance Generally Covers:

  • Fire Damage
  • Smoke Damage
  • Hail
  • Tornadoes
  • Lightning Strikes
  • Explosions
  • Theft
  • Water Damage
  • and More!

Contact Our Insurance Company

At The Childs Group Insurance, serving the Chagrin Falls, OH, and the surrounding communities, we offer affordable renters insurance policies to help protect you from the unknown. Our agents have the knowledge and experience in the industry to help you create a policy that will cover your belongings as these can add up more quickly than you may have imagined. For more information or to get a quote on a quality renters insurance policy that will keep you protected, contact our insurance company today!

Schedule a free consultation
or call us at (440) 588-8318

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