Many renters are aware that insurance companies offer insurance to protect their belongings from natural disasters, theft, or accidents, but often think they can't afford it. Many others go without, thinking they don't own enough valuable property to make paying for insurance worthwhile. However, as the experts at San Marcos Insurance Agency explain, almost everyone needs some insurance.
Some of the reasons you should look into a renter's insurance policy include:
- The value of your property: The cumulative value of your belongings is probably higher than you think. In fact, you may be surprised at how much it would cost to replace everything you own in the event of a fire or flood. A renter's insurance policy softens the blow of losing your most expensive and sentimentally valuable items.
- Your landlord's home insurance coverage doesn't protect you: Almost all rental property owners carry insurance that only protects the building itself from damage, but doesn't cover any of the contents. Your renter's insurance policy fills that gap.
- Renter's insurance covers more than your belongings: Most policies also include liability coverage to pay for damages caused by accidents inside your apartment. For example, if water overflows to the apartment below you and damages a valuable rug.
- The policy can be very inexpensive: The exact amount of your policy depends on a variety of variables, but in general you can get all of your personal property covered for less than $200 per year. An insurance agent from San Marcos will work with you to get the best coverage for your budget.
To make sure you have all the coverage you need, visit San Marcos Insurance Agency online now, or call (512) 754-7119 to discuss your needs with a professional and get insurance quotes today.