Dady Insurance Blog

A question that many people who rent their home might put to an Austin insurance agency is, do I need renter's insurance? The answer is, in most cases, yes. Many renters consider that coverage for their property is unnecessary as it will be covered by the insurance of their landlord. However while your landlord's policy will usually give coverage for damage to property structure, such as a leaking roof, it won’t provide coverage for the damage to your possessions caused by the leaking roof.

In the event of a burglary, the landlord's policy should cover damage done by the burglar at the entry point to the house (usually a door or a window). However, this will not include the theft of any of your possessions. By taking out renter's insurance, you may financially protect yourself against any loss of property. You may find that coverage differs from policy to policy, so ensure you gain adequate coverage for the protection of your assets.

Renters insurance can be relatively cheap as it gives cover for the policyholder's possessions only. For more information about this type of coverage, contact one of our representatives at our Austin insurance agency to arrange quotes. Our agents will assist with any queries you may have, and help you compare a suitable policy.

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