Being a renter, you do not have to protect the rented home or apartment, and in case of any structural damage, you are not responsible for the maintenance. In contrast, the things inside the rental home belong to you, and any damage or loss to it will cause you a financial burden. A Rental Insurance Policy is to protect your belongings and help you feel safe from bearing any unexpected financial burden.

Why Do I Need Renters Insurance?

Renters Insurance is important because the landlord or homeowner is required to have an insurance policy covering the damage to their building only, but not the belongings inside. If you suffer from any unexpected occurrence, such as a fire or weather event, the owner will have coverage for the building but not for your appliances, furniture, and other personal belongings. In that case, to protect your property from any disaster, you need to have an insurance policy that shields you from major financial loss.

What does a Renters Insurance Policy Cover?

A Renter Insurance policy covers the following areas:

Personal Protection

In case one of your guests get an injury or at your place, or your negligence causes harm to your neighbor, and they file a lawsuit against you, Renters Insurance will protect you from bearing the expenses.

Property Damage

In case of a fire or any such incident that happens because of the renter, you need to bear the loss. Renters Insurance will cover any kind of property damage that happens because of your negligence.

Medical Coverage

In case of carelessness, your neighbor or a guest receives a serious injury at your home, this policy will cover medical expenses.

If you live in a rented home and want to feel safe and protected, you should get a Renters Insurance Policy. At PNC Texas, our professional agents are always available to help you get the best insurance policy that meets your requirements. Give us a call, and our experts will guide you in getting the best renter insurance policy.