Why Do I Need Renters Insurance?
Life is often defined by the unexpected—especially if you live on rental property. What are your upstairs neighbors doing? What was that loud BOOM! from the apartment next door? You can neither control nor predict what your neighbors do next. Neither can you control the weather or mishaps like accidental fires or other kinds of accidents and calamities. And sometimes even the most stringent precautions won’t prevent you from falling victim to theft and/or vandalism.
That’s why having renters insurance is so important to protecting your assets and personal property. Your landlord likely carries some degree of tenant insurance, but this coverage is bare-bones—at best. Without doubt, landlord insurance provides zero protection or reimbursement for your personal belongings.
Your Assets Are Probably Worth More Than You Think
Because you’re a renter and not a homeowner, you might believe you don’t need renters insurance; you simply don’t have sufficient assets—or so you think. For most people, this kind of thinking represents a false sense of security. In fact, the average tenant owns more than $35,000 worth of personal possessions, most of them kept onsite in the rental unit. And $35,000 is just an average; many tenants own significantly more, while others own significantly less. Regardless, it’s almost a certainty that none of your possessions will be covered by landlord insurance.
So ask yourself: If an unexpected disaster or accident destroyed all the personal possessions in your rental unit, do you have $35,000 cash to replace them? What about $20,000 or $25,000? What about $50,000 or more? If your answer to this question is “no,” you need renters insurance!
What Does Renters Insurance Cover?
A solid renters insurance policy will protect all your valuables. With proper renters coverage, you’ll be reimbursed you for losses incurred from an unexpected disaster. Those funds make it easier to recover and get back to life-as-normal.
A renters insurance policy protects you and your family from fires, wind and hailstorms, lightning strikes, theft, and other unforeseen events, including aircraft and motor-vehicle accidents—even riots.
Are There Any Renters Insurance Exclusions?
Like other insurance policy types, renters insurance also excludes coverage for specific types of events:
- Floods
- Earthquakes and mudslides
- Settling
- Natural deterioration and neglect
- Natural deterioration and neglect
- Damage from birds, rodents, insects, and domesticated animals
Discounted Renters Insurance with Multiple Policies
Shield your assets against the unexpected with renters insurance from Texan’s Choice®. If you’re shopping around for renters insurance, we’d be delighted to be your last stop. As an independent insurance agency in San Antonio, TX, we partner with numerous insurance carriers, and can do the shopping around for you!
For a Free Renters Insurance Quote, Call Texan’s Choice Insurance Agency®
Shield your assets against the unexpected with renters insurance from Texan’s Choice®. If you’re shopping around for renters insurance, we’d be delighted to be your last stop. As an independent insurance agency in San Antonio, TX, we partner with numerous insurance carriers, and can do the shopping around for you!
If you need renters coverage now from an insurance agency you can trust, contact Texan’s Choice Insurance Agency® today at 210-492-7000. Or click here for free online renters insurance quote.