Renters insurance is there to help you avoid financial loss in situations where an incident occurs. However, it is always best to take any steps possible to avoid those risks and to reduce the likelihood of a claim. In some cases, too many claims can cause your renters insurance rates to rise. If you have this coverage or plan to purchase it, these steps can help you avoid some of the most common claims.
Ensure Your Home is Fall-Safe for Visitors
The most common risk for renters is a fall. A person comes to your home and falls, leading to costly medical bills and big liability issues. Your insurance is there to help minimize the financial costs to you, but to avoid this, ensure your home is trip-safe. For example, keep hallways and stairways clear of debris. Avoid waxing floors. And be sure you are keeping rugs and carpeting tacked down.
Report or Make Repairs to Avoid Water Damage
A second common risk associated with renters insurance claims has to do with water damage. Sometimes this happens after a storm. In many cases, though, the problem develops over time due to a leak or a small drip. Ensuring such instances are repaired right away can help to avoid larger problems and mold risks. Most importantly, some of these water damage risks are not covered by your renters insurance, so preventing them is essential.
Theft and Burglary are High Too
Preventing theft can be hard to do, especially when a large number of people are living in an apartment complex or renting condos. However, using security systems, keeping doors and windows locked and using a lighting system activated by motion by entrances to the home can help significantly.
When it comes to avoiding renters insurance claims, start with these areas. You’ll find that not only does this help reduce the risks you are facing, but it can also help you to stay safe within your home. Talk to your landlord or property owner about any changes you need to make to remain safer and be sure to keep your policy up to date.
Keep your apartment safe. Call Low Rate Insurance Agency at (817) 635-0375 for more information on Arlington renters insurance.