Protect your rental property and personal belongings with a renters policy from Tipton Hill Insurance
Many Americans who rent an apartment do not know that their landlord’s insurance policy does not cover their personal belongings in the event of theft or damage. In a survey by the Independent Insurance Agents & Brokers of America, it was found that 64% of individuals who rent their home do not have renter’s insurance. That’s why Tipton Hill Insurance is here to help you discover your renters insurance policy options and customize them according to your needs.
Renters insurance is very similar to homeowners insurance, but it is specifically designed for individuals who rent their home and not own it. Many things can happen inside the apartment or rental home, including pipe bursts, fire, or burglary, and you want to make sure you are covered in case unthinkable happens.
Things to Consider:
Some people might avoid purchasing renter’s insurance thinking it is expensive. However, it is not as pricey, and we can help you customize your policy according to your budget and requirements. Moreover, most of the carriers we work with offer the option to bundle your renter’s policy with your auto insurance and receive good discounts.
Renter’s insurance covers your belongings in the event of damage or theft. Moreover, it will cover medical expenses in case someone is injured on your rental property as well as lawsuit expenses in the event you are sued for the injuries. If something happens to your place and you are unable to live there during repairs, the policy will cover the costs of your temporary housing.
Popular Coverage Options
Protection in Your Home and Vehicle
Renters Insurance covers your personal belongings, like your laptop, TV, furniture, sports equipment, and so on. Personal belongings coverage works regardless of whether your possessions are at your home or with you. There are certain policies that protect your belongings even if they were stolen from your car and not from your property.
Protection for Your Guests
Liability Coverage included in your renters insurance protects your guests in the event they are injured on your property.
If you cannot live at your place while it is being repaired or rebuilt after a covered accident, your renters insurance will cover the costs of temporary housing, for up to 24 months.
Get in Contact:
You might have many questions regarding your desirable Renters Insurance policy. Contact our insurance specialist who will help you to select the most appropriate coverage based on the risk exposures you face.
Get in touch with us today to receive your fully customized insurance quote. Discover the various coverage options and see how we can make a difference in your life!
Popular Coverage Options:
Protection for Valuable Articles
If you keep collectibles or antiques at your home, you should consider purchasing additional protection for valuable articles. The valuables you specify are protected by a defined dollar amount, with no deductible.
If you are a victim of identity theft, your Renters Insurance policy can help you recover your identity. Moreover, you can speak to our agents about learning how to prevent identity theft.
Replacement of Property Costs Coverage
If you lose your belongings, your renters policy will pay the costs of a new item, same or similar to the one that has been damaged or stolen. The age or condition of belongings lost in a covered accident is not taken into account, so the policy pays for a brand new item.