While renters insurance is not required under Texas law, it is a great idea to have a renters insurance policy in place for the peace of mind in knowing that your belongings and other items you have worked hard to obtain are protected. Also, some landlords may require renter’s insurance when you live on their property.
Many times, people become the victim of fire then realize that the insurance that the landlord or property management company has on the structure does not cover any of the contents inside your house or apartment. Do not learn the hard way and consider obtaining a policy as soon as possible.
This type of renters insurance coverage will pay to replace your personal belongings and other items purchased by you, such as appliances and furniture, if they are destroyed by a fire, vandalism, or a natural disaster, such as a tornado or hurricane.
If the dwelling you live in is broken into and items are stolen or damaged, your renters' insurance policy will cover the loss of the use of those items. This means that your policy will pay to replace your personal belongings, appliances, furniture, and other items or repair them.
This is an important coverage option to have in place because accidents can and do happen. If a guest to your home is injured by something that belongs to you, this part of your renters' insurance policy will assist in paying for their medical bills. It can also help pay any lost wages they suffer as a result of being injured at your home. For example, if your guest falls and injures their arm because they tripped on a rug you had in place, this type of coverage will pay the medical bills and other liability costs for that person.
To obtain a renter’s insurance policy, you should enlist the help and guidance of an experienced insurance agent. The trusted and knowledgeable renter’s insurance agents at Texas Classic Insurance in Dallas-Fort Worth can help create a policy for you today. Call us for an appointment!
