Most of the apartments, condos, and homes that you rent will require you to have renters insurance. Why? Renters insurance is built to protect you and your personal property in case of a loss, as well as to provide you liability coverage for incidents that occur on your rented property. The property owner will have an insurance policy covering the structure, but nothing of yours is included.
Renters insurance helps protect you and your personal property. Let’s say someone breaks in to steals your belongings, and also breaks a window that cuts you, your renters insurance can help with all of it. It can help with medical bills (depending on who you have and what you choose) and it will help buy back your stolen items. Some apartment complexes have “protection plans” built into your rent. But this mainly covers the space you live in and helps the complex with repairs. This either barely covers or doesn’t cover your personal property or yourself. So for our example above, their plan may fix the window but may not cover anything else. Here at Texas Savings Insurance Agency we have multiple carriers that can help with your renting needs. We can find the best policy for you to make sure that no matter what situation happens you are covered. Give us a call today at 512-759-0558 to speak to one of our agents.