Protecting your space. Securing your peace of mind.
Renters’ insurance, also known as a renters’ policy, is designed to protect tenants and their personal possessions from events like vandalism, theft or damage caused by fire, smoke, water and more.
But, renters’ insurance coverage goes beyond protecting your belongings. It also covers liability, helping provide financial protection if someone is injured on your rental property or if you accidentally damage someone else’s property.
Many people wrongly assume that their landlord’s insurance policy will cover their personal belongings, but this is not the case. That’s why evaluating your possessions and living conditions is vital in determining the right personal property coverage level for your renters’ insurance policy.
Renters’ insurance policies typically cover a wide range of personal belongings, such as furniture, clothing and appliances. In addition to these everyday items, you may want to secure special coverage, often referred to as scheduled personal property, for valuable items like jewelry, high-end electronics, artwork and collectibles. In the event of a loss caused by a covered event, your renters’ insurance policy can offset the costs of repairing or replacing these items.
Because we offer more than renters’ insurance; we offer peace of mind.
With Higginbotham as your renters’ insurance broker, you can rest easy knowing that your possessions, liability and additional living expenses are well-protected. With our commitment to personalized service, competitive pricing and comprehensive coverage options, we’re more than your insurance broker: we’re your trusted partner in protecting what matters most to you.
When you choose Higginbotham, you get a lot.
While policy’s limits and covered events will vary depending on your insurance carrier’s requirements, here are some examples of perils and damages that renters’ insurance can protect you from. By protecting yourself against these perils with renters’ insurance, you can find comfort knowing that your personal possessions and potential liabilities are covered in case of unexpected events.
*While damage caused by an act of nature can be eligible for a claim, damage caused by floods and earthquakes is almost always excluded.
With Higginbotham as your insurance broker, you can have peace of mind knowing that your possessions, liability and additional living expenses are well-protected. With our commitment to personalized service, competitive pricing and comprehensive coverage options, we’re more than your insurance broker: we’re your trusted partner in protecting what matters most to you.
In renters’ insurance policies, certain events may be excluded from coverage. For example, if your renters’ insurance policy does not protect you from flooding, flood-related damage to your possessions will not be covered under your insurance. Common renters’ insurance exclusions include:
The cost of renters’ insurance can vary depending on factors such as:
On average, renters’ insurance costs about $14 per month, according to Forbes.
While renters’ insurance may seem like an unnecessary expense, especially if this coverage is not required by your landlord, it’s important to remember that the cost of not having renters’ insurance can skyrocket if your personal belongings are damaged, stolen or destroyed. By investing in renters’ insurance, you can be safeguarded against unexpected events.