Renters Insurance in Texas
Did you know many tenants in Texas are unaware that renter's insurance can cover personal belongings at affordable prices? Your landlord does not protect your personal property; he or she insures damage caused to the actual dwelling(structure). Renter's insurance policy is not mandatory in Texas, but your landlord may require you and other tenants to have it as terms of your lease agreement as drafted in law.
Our agents at Planners Insurance Group in Fort Worth, TX offer professional advice in acquiring a renter’s insurance policy to cover your persona property in case of a loss or accident.
What is renter's insurance?
It is property insurance that provides coverage for the policy holder's possession, liabilities, and living expenses in case of a disaster or unforeseen events.
Why do you need to buy renter's insurance?
- Offers liability coverage: This cover facilitates you to settle another person's medical bills or repairs to their property if you are found legally answerable for their injuries or property damage.
- Cover losses to personal belongings: It guards against losses to your possession, including electronics, furniture, clothes, jewelry, and luggage.
- Covers additional living expenses: It helps one to pay additional costs like hotel bills and food expenditure incurred when your rental house is damaged and deemed uninhabitable. These additional costs are incurred because you cannot live in the home you had rented after the covered peril strikes.
Renter's insurance cover losses resulting from:
- Falling objects
- Fire or lightning
Renter's insurance does not cover losses emanating from perils like floods and earthquakes. A separate policy is required for these hazards. It does not cover losses resulting from personal carelessness. Due to this, Planners Insurance Group prioritizes providing accurate information to our clients concerning various coverage options.
Are you a resident of DFW looking to buy a renter's insurance policy? Call us or visit the Planners Insurance Group in Ft. Worth, TX.