In Richardson, TX, 37% of residents are renters. In the entire country, only about 40% of renters have renters insurance. That means 60% of renters are feeling really lucky. A lot of them will be wrong about their luck. At Collum Insurance Group LLC in Richardson, TX, we are dedicated to providing our customers with high-quality insurance products and personalized service. As independent agents, we can offer more choices when it comes to carriers and products.
Doesn’t my landlord have insurance?
Most landlords want to protect their property, so yes, they will have insurance. That insurance is property coverage to protect their building. If you are counting on them to protect your personal possession, don’t! Their insurance is on their building, not on your possessions. It would be best if you had renters insurance to protect yourself.
Will renters insurance protect my personal items when I am away from home?
Part of renters insurance coverage is personal property. Your personal property is yours whether you are at home or traveling. If your renter’s policy has property overage, which most plans typically do, then your property will be covered no matter where you are.
Is my dog covered on my renter’s insurance?
Renters insurance does cover damage caused by your dog and a dog bite unless the breed of your dog is one of those that are excluded. If you are going to have a dog, you should check with your insurance agent to make sure you are covered.
What protection does renter insurance offer?
A renters policy provides several types of coverage:
- Personal property– Your personal property is covered against loss from several types of hazards. Among them is theft.
- Liability– This protects from legal action against you from someone who is injured while visiting you.
- Loss of use– If your rental is damaged, you will get the funds you need to have a place to stay while your rental is repaired.
Contact Collum Insurance Group LLC in Richardson, TX, for your renter’s insurance needs.