What is Renters Insurance All About?

With the many different kinds of insurance policies available, it’s no wonder that some types inevitably slip under the radar.  

Renters insurance, also known as tenant insurance, is a valuable and highly important insurance policy for anyone looking to protect themselves and their belongings while renting an apartment. 

Renters insurance is a policy that protects against the loss of property, as well as liability for legal charges against the tenant. This form of insurance provides a safeguard for personal belongings and is best suited for tenants that are currently or soon will be renting an apartment. 

Most landlords already have insurance that covers their property. However, landlords are not responsible for the personal belongings of any tenant renting in their buildings. To fully protect your property as a tenant, renters insurance must be a top priority in your insurance portfolio.  

Not only is this form of insurance highly recommended, but it may also be required by your landlord before you can rent. Check your documents or call your rental office to find out if your specific situation requires coverage from renters insurance. 

Because everyone’s needs are different, General Insurance Agency serves Clovis NM with two types of renters insurance policies. Broad Form policies cover personal belongings under a specific event. Unexpected damages due to unforeseen or unpreventable circumstances may be included under this plan. 

Less specific, Comprehensive Form policies may apply to multiple events. This type of renters insurance may be a good fit for those living in areas that experience frequent, problematic events. 

Finding renters insurance in Clovis, NM may be a difficult process, but it isn’t one you need to go through alone. For more information and details about renters insurance, contact General Insurance Agency to speak with a professional about your options.