Why Renters Insurance is a Necessity

Is renters’ insurance a necessity?  Absolutely!  For a low premium, all of your possessions including furniture and electronics will be protected.   While renters don’t have the responsibility of insuring the building they live in, the apartment owner’s policy does not cover any of the contents of their apartments.  If your apartment building does not require you to have renters’ insurance, it’s still a good idea.  Our team at The Policy Source is ready to help you with quality coverage.  We work with renters throughout the Austin, TX area. They can discuss your coverage options so that you find the one that best suits your needs. 

With a renters’ insurance policy, everything in your apartment will be covered but there are additional benefits.  If your apartment building is damaged and you are unable to stay there, some policies will cover hotel and meal expenses for the period that you are gone.  It will also cover items that are damaged or stolen when you are away from home.  A laptop that is stolen while you are at the library will be covered, for instance.  The policy will also provide personal liability coverage in the event that someone is injured at the apartment due to your negligence.   

These are the reasons why renters’ insurance is a necessity.  Our agents at The Policy Source understand the needs of renters in the Austin, TX area.  We can help you understand your coverage options so that you can make the best decision for your life situation.  Protecting the meaningful things you have and the things you need to get through the day is important.  Taking time to inventory everything and consider insurance options take time but it’s worth it.  Review general information on our website then contact us.  We’re ready to help you protect your things.  Don’t wait until its too late!