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 believe. For most people, this simply isn’t true. Unfortunately, many renters simply don’t realize how much they stand to lose.
For example, the average tenant owns more than $35,000 worth of personal possessions, most of them kept in the rental unit. And $35,000 is an average. Many tenants own significantly more, others own substantially less. And it’s a given that landlord insurance won’t cover any of your personal possessions.
If unexpected disaster destroyed all your stuff, do you have $35,000 in liquid assets to buy replacements? What about $20,000 or $25,000 in cash? How about $50,000 or more in cash?
If your answered no to these hypotheticals, it’s time to buy renters insurance or, maybe, to increase your coverage amounts!
What Does Renters Insurance Cover?
A good renters insurance policy will protect most if not all of your valuables. Proper renters coverage will reimburse you for losses incurred from unexpected disaster. Those monies make it easier to recover and get back to life-as-normal.
A renters insurance policy protects you from fires, wind and hailstorms, lightning, theft, and other unanticipated mishaps, including aircraft and motor-vehicle accidents—even riots.
What’s Excluded from Renters Insurance?
Like other insurance policy types, renters insurance also excludes coverage for specific event types:
- Earthquakes and mudslides
- Natural deterioration and neglect
- Bird, rodent, insect, and domesticated animal damage
Discounted Renters Insurance with Multiple Policies
If you buy renters insurance from a Short provider, you might qualify for discounted rates if you’re already a Short policyholder. Whether you’re already a customer or not, ask us about multiple-policy discounts for bundling renters insurance with other policies.
For a Free Renters Insurance Quote, Call Short Insurance Agency
Shield your assets against the unforeseen with renters insurance from Short Agency. If you’re shopping around for renters insurance in Lubbock, Texas, or anywhere else in Texas, call us! As an independent insurance agent in Lubbock, TX, we partner with numerous top-quality insurance carriers. We’d be thrilled to do the shopping around for you!
We’ll answer all your questions about renters’ insurance and help you make informed coverage decisions. For a free online renters insurance quote, just click over to the Short Insurance Agency Quote Page, or call our agency today at 806-763-4409.