If you choose to rent your home, renter’s insurance is an important safety net. Having a policy can save you from big expenses, and even bigger headaches, if disaster strikes your rental. But what are those disasters, exactly? Does renter’s insurance cover everything? The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know if your rental is robbed or your personal property is vandalized, your insurance company will cover that. However, it’s a good idea to consider what you own beforehand. One thing that is important to consider is that you have replacement cost on your items. Check out below for what sold in Bellagio in May 2015:
47450 Bellagio Drive, Novi: 4 bedrooms, 4.2 bathrooms, 8,055 total sq. feet, 4 car garage, Sold Price: $1,720,250
Bellagio Home Sold
While actual cash value policies may cost more, the cost may be worth it if you own a lot of furniture or other expensive items you can’t afford to replace with a depreciated value. For more information on Bellagio, or similar Northville or Novi neighborhoods such as Turnberry Estates, Maybury Park Estates and Fox Hollow, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.