In recent years, there has been a trend among landlords to make their properties pet-friendly. There are several reasons for this, including the fact that renter’s insurance policies often cover pets, which provides peace of mind to both the tenant and the landlord. Chastain Agency Inc. in Gainesville, GA, is a reliable provider of renters’ insurance, and we can help you find a policy that covers your pet.
How Renter’s Insurance Works
If you’re a renter, your landlord’s insurance policy won’t cover your belongings in the event of damage or theft. That’s why it’s important to have your own renter’s insurance policy, which will protect your belongings and provide liability coverage in the event someone is injured on your property.
Most renter insurance policies will cover pets, so if your pet causes damage to your apartment, you’ll be covered. In addition, if your pet bites someone, your liability coverage will kick in to help with any medical expenses.
Other Reasons Why Landlords Are Going Pet-Friendly
In addition to the peace of mind that comes with knowing their tenants’ belongings are covered by insurance, landlords also know that pet-friendly apartments are in high demand. As of 2022, it’s estimated that 70% of households in the U.S. have at least one pet, so by making their properties pet-friendly, landlords can tap into a large pool of potential renters.
You can also expect prolonged tenancy from pet-owning renters, who are often hesitant to move because it’s challenging to find a new apartment that allows pets.
Get Renter’s Insurance that Covers Your Pet in Georgia
Are you looking for an insurance policy that can cover your pet? Contact Chastain Agency Inc. in Gainesville, GA, to get started. We offer various renter’s insurance policies, and we can help you find one that fits your needs. Give us a call today to get started.