Reasons To Opt For Renter's Insurance

by Administrator 30. October 2018 14:20

It is important to note that property owners are not bound to insure their renter’s personal property and liabilities. A smart renter knows the importance of obtaining renter’s insurance for adding a layer of protection to their belongings.

People seem to be more aware about homeowners insurance as compared to renter’s insurance and that’s probably why they fail to give it due importance. Here are some reasons for which every renter should consider getting renter’s insurance:

  • Affordable: Renter’s insurance is one of the most pocket friendly insurances out there. It’s sure to cost less than the value of your belongings.
  • Covers Losses To Your Personal Property: Personal property comprises of jewelry, furniture, electronics, luggage, etc. In case of a theft or damage due to natural perils, a riot, explosions, windstorm, hail, water, etc., replacing all your belongings can be an expensive affair. It is in such cases that renter’s insurance proves to be of immense value. However, note that losses that arise from floods and earthquakes are not covered by standard renter’s insurance policies.
  • Includes Liability Coverage: Liability coverage is an intrinsic part of standard renter’s insurance policy. It covers the costs incurred due to accidental injuries to people in the house, court fees, legal expenses and so on.
  • Some Property Owners Demand It: Most property owners these days have made it mandatory for tenants to purchase the renter’s insurance policies and even require proof of the same.
  • Covers Your Personal Belongings Even When You Are Away: If you are out and about travelling often, this policy is a must-have as it covers personal belongings in your car, home or with you while travelling. You are protected from all the losses covered under the policy even as you travel.
  • Covers Additional Living Expenses: On a peril befalling you and your house, the renter’s insurance will cover any expenses that you incur while living away on a temporary basis as you look for a new accommodation. In addition to the living expenses, even food expenses and other additional expenses on living are covered.
  • Covers Guest’s Injuries: In addition to your interests, renter’s insurance also protects the interests of your guests. They may get injuries of any kind while staying at your place. So, renters’ insurance will cover you, thus protecting you from liabilities arising from such incidents.


To get affordable insurance in Killeen, TX, contact Shawn Camp Insurance Agency, Inc. We are located at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542. You can also call us at (254) 526 – 0535.

Tags: ,

Insurance Policies Offered By Shawn Camp Insurance Agency Inc.

by Administrator 22. October 2018 06:43

Tags:

Roadside Assistance: What Is It & Why Do You Need It

by Administrator 16. October 2018 11:55

Tags: