With many Texans taking on the renting market in the metropolitan areas, the need to protect personal belongings is more important than ever. When you rent a single-family home or apartment in Texas, getting a renters insurance policy from ProCo Insurance may be just what you need in the event of a disaster.
Sometimes, disaster strikes through natural causes or at the hands of a criminal attempting to break into your home. When you purchase renter’s insurance, the only items covered in the policy are items that belong to you and not your landlord. Whether it be furniture, electronics, appliances, or anything else, anything that you have of value should be noted in your renter's insurance policy. Anything on the rented property that belongs to you should be listed and replaced in the event of a disaster.
If the home or apartment that you are renting is the victim of accidental damage or theft, your renter's insurance policy will not cover the cost of structural damage. That is the responsibility of the landlord and must be covered by their insurance policy.
One of the added benefits to carrying renter’s insurance is the reimbursement of relocation expenses. Should the property you are renting becomes unlivable and need repair, you will have to find temporary housing until it is either renovated or sign a new lease. Any expenses related to lodging or travel can be submitted as a claim to your insurance during this time period. Without this policy, you are financially responsible for a situation that is out of your control.
If you are renting in Texas and do not have insurance, do not wait another day. Give our team at ProCo Insurance a call today for more information and to get your personalized quote. We look forward to speaking with you soon.