Since tenants don’t own the buildings they live in, they won’t need homeowner’s insurance or similar coverage. However, renters’ insurance is crucial. Although renters’ insurance isn’t legally required, many apartment complexes and landlords can require tenants to have renters’ insurance to live in one of their units. The reason is that landlords want their tenants to be covered and avoid any potential disputes about belongings becoming damaged while on the property.Of the available renters’ insurance providers, Lemonade Insurance continues to be a popular choice among tenants. Muller Insurance, an independent insurance agency with decades of experience serving customers in New York, New Jersey, Connecticut, Pennsylvania, and other states, is proud to now represent Lemonade. Here, we detail what renters’ insurance is and the benefits renters can expect when choosing Lemonade Insurance.What Is Renters’ Insurance?Some individuals are under the impression that their landlord’s insurance policy extends coverage to tenants’ belongings if a fire, flooding, or a similar event occurs. However, this is not the case. To protect themselves and their belongings when renting an apartment, condo, or home, tenants need renters insurance.With renters’ insurance, your personal property is protected from events such as theft, fire, or a severe storm. Renters’ insurance also offers assistance for tenants who find themselves in scenarios where they are forced to temporarily relocate while repairs to their current living environment are made. The following are types of content often protected under a renter’s insurance policy:FurnitureClothingElectronicsAppliances the tenant supplied (i.e. microwaves)Art and jewelry (often subject to coverage limits)Items generally not covered by renter’s insurance include cars, high-value jewelry (beyond a standard limit), collectibles, permanent fixtures included in the apartment, such as the refrigerator and stove, and any items stored outside the apartment.Reasons to Choose Lemonade Renters’ InsuranceFor renters looking for coverage at an affordable rate, Lemonade is an excellent choice. The insurance provider strives to offer policyholders outstanding customer service. They accomplish this by making the insurance process easy. Customers can make instant changes to their policies either online or in the Lemonade app. Also, clients have fast access to support via email, chat, or phone. Lastly, claims can be filed easily, right from the Lemonade app.To further assist policyholders, Lemonade offers several discounts, such as:Multi-policy discount: Customers who pair their renter’s insurance policy with another Lemonade policy can enjoy a discounted rate on both.Pay-in-full discount: Policyholders who choose to pay their premium in full once a year, rather than over time in installments, can receive a discount.Protection equipment discount: Customers are likely to receive a discount on their rate if their place of residence has protective equipment, such as smoke detectors and deadbolt locks.Get a Quote Today at Muller InsuranceTenants in New Jersey, New York, Connecticut, Pennsylvania, and other states wishing to secure premium renters’ insurance at an affordable rate should turn to the experienced team at Muller Insurance. As an independent agency with a strong reputation, we’re dedicated to meeting the various insurance needs of our clients. To offer our clients the best insurance policies and rates, our team works closely with numerous trusted providers, including Lemonade Insurance.Contact us today at Muller Insurance to learn more about Lemonade renters’ insurance or to get a quote.