After you’re done eating turkey, it’s time to go shopping. Post-Thanksgiving sales have become an American tradition, first with Black Friday and now with Cyber Monday. Whether you’re shopping for gifts or shopping for yourself, the deals are not to be missed. Another thing that’s not to be missed? Renters insurance.
Cyber Monday Deals
We call it Cyber Monday, but many of the sales last for more than a single day. That’s good news for shoppers who are trying to take advantage of the low prices. The National Retail Federation estimates that 165.3 million people will be shopping between Thanksgiving and Cyber Monday.
Big-ticket items – like laptops and televisions – are especially hot. According to NBC News, some of the most popular items for Cyber Monday 2019 include the Apple 13-inch MacBook Air, the Insignia 43-inch 4K Ultra HD Smart TV and the Instant Pot 7-in-One Duo.
If you’re one of the 165.3 million people who took advantage of the great sales this year, you’re probably pretty happy with your purchases. Now think about how upset you’d be if those new items were stolen or destroyed.
If you’ve ever watched a holiday-themed comedy movie, you know that things can go horribly wrong this time of year. Unfortunately, it’s not nearly as funny when it happens in real life.
Imagine these worst-case scenarios:
- A burglar breaks into your home and steals everything that’s worth anything – including the new Apple 13-inch MacBook Air and Insignia 43-inch 4K Ultra HD Smart TV. Maybe the burglar noticed the boxes that you’d thrown out and knew you had expensive belongings inside, or maybe the burglar noticed your social media post about visiting your relatives for the holidays and decided to strike while your place was empty. Regardless of why the burglar chose your place, your stuff is gone.
- A fire destroys your apartment and everything in it. Luckily, you got out OK – but you’ve lost everything, including your new purchases. Home fires increase during the winter, when people are using portable heaters to stay warm and decorating with trees and candles, so the odds of this happening are higher than they were just a few months ago.
Protecting Your Purchases with Renters Insurance
If you rent your home, you need renters insurance to protect your belongings. That way, if there’s a burglary or fire, your stuff will be covered. Renters insurance can also provide other important coverages, including liability insurance – and it does so at a price that’s nice all year long, so you don’t have to wait for the next Cyber Monday sale.
If you already have renters insurance, consider whether you need to increase your limits or schedule valuable items purchased during your Cyber Monday shopping spree. If you don’t already have renters insurance, get a quote today.