As a renter, you should be aware that your landlord's homeowner policy might not cover your belongings. If a fire, storm, or other catastrophe should damage or destroy your furnishings and personal property, you could suffer a considerable financial loss. That's why San Marcos Insurance Agency, Inc., the most trusted and dependable seller of home, auto, and, life insurance in San Marcos, TX, recommends you buy renters insurance to protect your valuables. Their experienced agents offer expert guidance to help you purchase a policy that will protect the things that matter most.
The following steps will help you determine how much renters insurance you need:
- Count Rooms: Many insurers base their renters insurance policies on the number of rooms in a dwelling, so first calculate how many rooms you must insure.
- Conduct Inventory: The next step is to conduct an inventory of your belongings. Be thorough and go from room to room, making a list of everything of value that you own. Be sure to check the basement, attic, and closets. Check inside drawers as well. Include a brief description of appliances, furniture, electronics, artwork, clothing, tools, and jewelry. Take a photograph of your more valuable items.
- Calculate Property Values: Once the inventory is complete, estimate the value of each item. Check online for the price of similar items if you don't know the value offhand. The overall value of your belongings should give you a close idea of how much renters insurance you need.
- Add Liability Coverage: Insuring your valuables is only half the process. You should also purchase liability coverage to protect you in case someone is injured or damages property while on your premises. Insurance quotes for such coverage vary, so speak with several agents to find the best price.
San Marcos Insurance Agency, Inc., the foremost home, auto, and, life insurance broker in Central Texas, will help you protect the things you value most by customizing a policy that fits your lifestyle and finances. To learn more, visit them online or call (512) 754-7119 to ask about insurance quotes or speak to a friendly, knowledgeable agent about your renters insurance needs.