What does renters insurance cover

As a renter, you may think that you don’t need to have renters insurance. You may mistakenly assume that your landlord has a policy that covers you. He or she doesn’t. What they do have is a policy to cover the building that they own. Your possessions are not included in that insurance. Losing everything that you own is not something anyone wants to think about, but it can and does happen all too frequently. At Revolutionary Insurance Group in Corpus Christi, TX, we have more than 15 years of experience giving our customers world-class service. 

Renters insurance offers some of the same coverage that home insurance provides, excluding the parts of the building that belong to the landlord. 

Liability coverage

Liability insurance offers valuable protection. It covers you from the results of an injury to someone who is visiting your rental. It will cover medical expenses, and if you are sued, it will pay a judgment up to the level of your policy.  

Personal possessions

If a fire or a tornado destroyed your rental, how would you replace all of your possessions?  You may think that you don’t own very much, which could be true, but it is more likely that you own a lot more than you realize. Without insurance, you would be on your own. 

Loss of use

In the event of a covered hazard, your dwelling may be uninhabitable. If you have renters insurance, loss of use coverage will provide a roof over your head in the immediate aftermath. Then a rental if it is going to be a few months until things are repaired. 

Having renter’s insurance is a valuable protection against some of the bad things in life. At Revolutionary Insurance Group in Corpus Christi, TX, we are here to help you to find the right rental policy. Give us a call to make an appointment or stop by if you are in the neighborhood.