New Tenant Tip: Consider Getting Renter’s Insurance Before Moving Into an Apartment from Paul Wahl's blog

You will quickly find that there are a lot of different costs that will come with moving into an apartment. You will need to pay for the movers who will come and do some of the work of taking your items from one area to another. You will need to declutter the apartment and look at what packing and moving supplies are the most important. You may even need to get some new furniture and other items to help get the whole apartment up and ready to go. And then there are the utilities and some of the other deposits that you will be responsible for when it is time to move.

In addition to all of these expenses, you also need to remember that renter’s insurance is important during this time. Sometimes the landlord will require that you have a policy in place before you decide to move in. Other times, it is up to the tenant to decide if they would like to get the insurance or not. Either way, a good renter’s insurance policy is going to be a lifesaver if there is something that does go wrong.

You should consider getting this type of insurance because it can be there to protect all of your personal belongings if there is a fire or someone breaks in and tries to take the items. There are a number of things that you will be able to enjoy with a good policy in place including property coverage, temporary housing if something happens to the apartment, and even personal liability coverage if someone gets hurt.

The landlord’s policy is going to protect the building. If there is a fire in the unit, then their insurance will step in and help. But if some of your personal items were hurt in the fire or you lose some items, the landlord’s insurance will not help. This is where your own personal renter’s insurance policy is going to come into play and can provide you with some financial assistance.

Whether the amenities are the most important for you, or you would like to focus more on the space or the location of your apartment, you want to take your time and find an apartment that will have everything that you would like. We welcome you to come take a look at some of our apartments in South Loop that are available for rent today. One look around will provide you with a good idea of what is available and you will be ready to sign the lease immediately. Contact a member of our team to schedule your tour today.