Renters Insurance in Texas
Alloy Insurance Partners in Texas is an excellent place to find out about insuring your rental home. While your landlord has insurance on the building, it’s wise to have renters insurance in case there is an accident at the property or it becomes uninhabitable. Renters insurance protects your belongings if something unexpected happens. Read on to find out more about rentals and renters insurance in Texas.
What is Considered a Rental?
A building (house, condominium, apartment, or duplex) which you rent to live in is considered a rental and covered by renters insurance in the state of Texas. You sign a lease and pay your landlord weekly, monthly, or annually to live in a property.
What Does Renters Insurance Cover in Texas?
In Texas, renters insurance covers the following items if damaged or stolen from your home:
- Other property you own
Belongings WILL be protected from:
- Fire, smoke, or lightning
- Vandalism or theft
- Water damage from plumbing
Belongings WILL NOT be protected from:
- Daily wear and tear
If a disaster (fire, hurricane, tornado, or flood) forces you out, renters insurance will pay for:
- Hotel rooms
- Temporary rentals
- Meals in restaurants
- Other living expenses
Renters policies are either named-perils policies that cover your belongings if there is an unexpected fire or theft (the specific events must be named in the policy), or all-risk policies that cover all types of losses listed -- let Alloy help find a policy that will cover all your belongings. Let Alloy Insurance Partners help you find the best renters insurance policy for you, or try our online rating tool to find a quote. Whatever you choose, today is the day to start insuring your belongings by talking to an agent at Alloy Insurance Partners.