If you are considering moving into a rented house in Killeen, make sure you also buy a renters insurance policy as it may help you in the long run. Many people think that in case of any ill happening, they will be covered under the landlord’s insurance policy but this is not true. Their policy covers the structure of the house and not your belongings inside it.

Following are some benefits of investing in a renter policy:

• Protects your personal belongings: All the stuff in the house is covered under this policy and thus if there is any damage, you can claim it. You must evaluate all the causes of damage covered under a particular policy so you can estimate how safe you are in case of losses. Natural calamities like earthquake and floods are usually not included and if you live in an area prone to such disasters, buy a separate policy for such damages.
• The landlord’s requirement: Some landlords insist that their tenants buy such a policy as it assures them that their property will be in safe hands. Sometimes the landlord’s insurers also ask for such a policy so some part of the damage claim can be transferred on to the renter’s policy.
• It is not very costly: There are many insurance carriers in Texas, hence buying a renters policy may not be a costly hit on your pocket. Also, there are many things which can be deducted from the policy based on your needs, hence making renters insurance more economical.
• Liability coverage: This means that if a guest is harmed at your property, the insurance will cover legal and medical expenses for him. This will safeguard you in case of any injury or unfortunate accident in your rented home.
• Cover against all losses: You can also consider including travel time while covering various items. These items could also be inside your car and if damaged, they will be liable for claim. This protects you in case of theft etc. Check with your insurers about other such options before making a decision.
• Additional living expenses: Some policies also cover the expenses that you may incur in case you need to stay outside the premises due to incidents like fire, break down etc. All the temporary expenses like food, hotel etc. will be part of the policy.

We, at Shawn Camp Insurance Agency, Inc. provide affordable renters insurance in Killeen, TX. For more information, you can call us at (254) 526 – 0535.

Before buying a homeowners insurance policy, simply reading the policy is not enough. It is necessary that you ask the questions which will not only make your purchase easy but also help you choose a plan which suits your particular needs. Here are some of the important aspects you need to inquire from your insurance agent:

• Market or Replacement value: Ask whether the insurance company will give you the sale price of your house in case it is completely damaged or if they will pay the amount required to rebuild the house.
• Personal property coverage: You must know the total amount your insurance policy will pay if your personal assets like clothing, artifacts, furniture etc. are damaged or stolen from the property. This particularly seems necessary if you have expensive personal items like paintings or jewelry.
• Protection clauses: There is a liability portion in your policy which covers court settlements and expenses in case someone is harmed on your property or your family member has caused any damage to someone physically or to their property. This also covers your pets. Ask what portion of your policy is reserved specifically for this purpose.
• Extent of deductibles: Deductibles refers to the amount that you will have to pay in case of any damages. The rest of the amount is paid by the insurance company, up to the limits of your insurance policy. The higher the deductible, lower are the monthly premiums but do keep this amount to a limit that you can afford.
• Natural calamities: You must ask if natural calamities like earthquake and floods are covered in the policy. Most policies exclude damages from these perils and in case you live in an area prone to such disasters, it is advised that you ask for its inclusion.
• Additional Living Expense: If, for some reason, you are not able to live in your current house due to complete loss of property etc. your policy may cover the expenses that you will incur on rent, hotel bills, meals etc. This is provided if the cause of inability to stay in the house is covered under insurance.
• Claim recovery time: You must also ask how much time the company usually takes to pay a claim. For this, it is advised to conduct a proper research to determine the reputation of the company and check if it approves the claims in a timely manner.
• Ask for discounts: Do not be hesitant to ask for any discounts. There is so much competition in the market that a good insurance company will definitely offer you a discount if they truly value an association with you.

We, at Shawn Camp Insurance Agency, Inc., offer affordable home insurance in Killeen, TX. For more information or request a quote, feel free to call us at (254) 526 – 0535.

Home insurance is a necessity to safeguard your hard-earned property. A good home insurance policy provides you adequate coverage and gives financial support in case of an unforeseen crisis. With so many insurance companies in Killeen, TX offering extensive coverage options, it is important to perform comprehensive research before finalizing a particular one for your home insurance.

Once you decide to buy home insurance, it is imperative to know about the different ways in which you can save money. Some of these are:

• Multiple insurance policies: It is a wise decision to buy multiple policies from the same insurance agency so that you can save money. Many insurance agencies offer multi-policy discounts to attract more customers. For instance, you can buy auto insurance and home insurance from the same provider.
• Pay a higher deductible: In simple terms, your deductible is the amount you have to pay for a covered claim before you receive insurance benefits. Raising your deductible can actually help you save a lot on your premium every year. The higher amount you pay as deductible, the lesser you will have to pay for your policy. For example: you pay $250 as deductible and file a claim of $1000 in damage to your home. In this case, you will only have to pay only the first $250 and your insurer will pay the balance amount of $750.
• Location: Your place of residence is an important factor in determining your insurance policy premium. For instance, if you live in a safe neighborhood with minimal chances of theft, you may have to pay less for your home insurance. On the other hand, if you live in an area that is prone to storms and flooding or is unsafe, you will require additional coverage that can cause a dent in your pocket. So, make sure you buy a home in a safe location with all the amenities nearby.
• Maintain good credit: Most of the customers are not aware about the fact that many insurers favor a good credit history when it comes to deciding the premium for a home loan policy. Insurers have established that policyholders with poor credit are likely to make more claims. So they increase your rate to adjust for this potential threat that can occur in the future. If you maintain a good credit score, the insurance agency may cut down on the premium costs significantly. 

We, at Shawn Camp Insurance Agency, Inc., offer affordable home insurance in Killeen, TX. For details, you can call at (254) 526 – 0535 or visit 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542.

Although the homeowner’s insurance provides coverage for the structural losses to the house, it does not include the tenants items stored inside the property. Therefore, having comprehensive renters’ insurance is extremely important to protect your personal belongings from any sort of damage. 

Here are some of the benefits that you can have by investing in a renters’ insurance policy: 

Protection From Theft: In case someone breaks into your home, the landlord will not be responsible for the damages. Renters’ insurance will help to recompense for the stolen items that have been listed in the policy and meet the coverage limits.    

Protection From Natural Disasters: Damage caused to your rental home due to natural disasters such as hailstorm, tornado, flood, wildfire etc. will be covered in the renter’s policy. However, the property owner cannot be held liable to pay for repair or compensate for any loss. 

Protection From Unnatural Fires: Homeowners insurance usually does not cover the damages caused due to the negligence of the tenants, such as electrical issues or short-circuit. In such cases, you will be responsible for the damage to the rental house as well as your own belongings. If you live in an apartment building and the fire spreads to your neighbor’s dwelling, you may also need to pay for their losses. 

Protection From Guest Injuries: When a guest suffers an injury in your home due to your negligence, you may be held liable for their medical bills, alost wages and other monetary losses. These may include incidents like falling on a loose step, slipping on a wet tile floor or being bitten by your pet. Renter’s liability insurance provides coverage for all such expenses in case your guest sues you to claim compensation for his sufferings. 

Protection From Self-Caused Damage: In most cases, landlords are not responsible for the unintentional losses incurred due to the tenant’s negligence. For instance, if you did not repair a broken window, which damaged the furniture during rain or ignored a leaky pipe which caused flooding in the house. Renters’ insurance will help to cover the costs of repairing or replacing the spoiled stuff listed in the policy.

We, at Shawn Camp Insurance Agency, Inc., provide affordable renters’ insurance in Killeen, TX. For more information, you can call us at (254) 526 – 0535 or visit our insurance agency at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542. 

Renters insurance is important as it safeguards your personal belongings against any calamity, theft, fire, vandalism or crisis. It is quite common for tenants to overlook the importance of renter’s insurance policy, considering their property owner is responsible for damages caused to the property. However, the proprietor’s insurance would not cover your personal belongings in the rented home.

Here are some facts about renters insurance that you must know before investing in one:

• It provides liability coverage against any accident on the property that may leave your guest injured. In case the mishap occurred due to any negligence on your part, you may be held legally accountable to pay for the other party’s losses. In such situations, renters insurance can help to pay these expenses and ease your financial burden.
• Renters insurance covers all the valuable stuff you have in your home. Although there are exceptions to certain types of mishaps, the policy usually pays off to replace your belongings damaged in most emergencies such as earthquake, fire etc. Even your personal items damaged outside of the home may come under insurance coverage.
• The policy also provides living expenses in case your rental home becomes temporarily inhabitable due to the damages suffered. These may include the costs incurred for the hotel room, food, transportation and other daily necessities. 
• High-end items such as computer, jewelry, antique furniture and expensive paintings, may have to face certain limitations on coverage amount. Different renters insurance policies often have restrictions on the claim amount that can be filed for these types of items. You must carefully read the terms and conditions of your policy to make sure that most of the belongings are covered.
• If you own a pet, you may need to pay a higher premium for your renters insurance. Certain aggressive dog breeds, in particular, are considered precarious and may end up getting you a higher rate on your insurance.
• There are different types of coverage options available for renters insurance. It is essential that you understand your requirements before deciding on the one to buy. These may include coverage for the dwelling, personal property, attached structures etc.

We, at Shawn Camp Insurance Agency, Inc., provide affordable renters insurance in Killeen, TX. Our agents will help you understand the terms and conditions of different policies so that you can choose the one that is most suitable to you. For more information, you can call us at (254) 526 – 0535.

If you have recently rented a home, you should consider purchasing an affordable renters insurance policy. It safeguards your personal possessions in the event of inevitable circumstances such as fire, theft, water line leaks, vandalism etc. However, it is important to have sufficient knowledge about the renter’s insurance coverage in order to choose the policy that is most suitable for your needs.

Here are some of the factors that you must keep in mind while buying renters insurance:

• Choose The Right Coverage: While deciding on the amount of your renter’s insurance policy, make a list of all your possessions. It should include the type of item, its time of purchase, initial cost and current estimated worth. This will give you a clear idea of how much coverage you should get. Apart from your personal property, you must also include liability coverage in your policy which provides compensation for medical bills and other losses, if someone gets injured in your property.
• Evaluate The Different Coverage Types: The two types of coverage that are offered by most insurance agencies are actual cash value and replacement value. The former one considers the depreciation value of the covered items while settling the claim amount for any damage. In the latter option, claims are paid based upon the current market value of the item similar to one that has been damaged.
• Be Aware Of What Is Not Covered: Renters insurance generally provides coverage in many circumstances but there are certain situations when you may not be entitled to file a claim. These may include damage caused due to natural calamities like floods or earthquakes. Make sure you discuss all these things beforehand with your insurance agent.
• Choose A Higher Deductible: One of the biggest mistakes that most renters make is to opt for a lower deductible to be paid in the event of any damage. However, choosing a higher deductible is more profitable. Although this may require you to pay more at the time of settling a claim, higher deductibles will considerably lower your monthly premium costs.

We, at Shawn Camp Insurance Agency, Inc. provide renters insurance that perfectly fits your needs and budget. For more information, you can contact us at (254) 526 - 0535 or visit 2705 E. Stan Schlueter Loop, Suite 101 Killeen, Texas 76542.

While renting a home, most people assume that the landlord is responsible for providing insurance against any sort of damage caused to the property, either due to human or natural circumstances. However homeowner’s insurance does not cover your personal possessions in the rented home, which is covered under renters insurance.

Given here are some of the reasons you should consider purchasing renters insurance:

• Protection From Theft: In case your home gets robbed, your landlord will not be liable to compensate for your losses, provided that he has installed necessary security measures in the house. Renters insurance, in this situation, will provide coverage against your stolen valuables that are listed in your policy.
• Protection From Guest Injuries: If a guest happens to injure himself on your property, you may be liable to pay for his medical expenses, if the accident occurred due to your negligence. This may be due to falling on a loose step or slipping on spilled water. Renters insurance also provides coverage for medical bills in case the guest is scratched or bitten by your pet.
• Protection From Natural Disasters: If your rental home as well as possessions are damaged due to a natural disaster, your landlord may be responsible to get the home repaired. However renters insurance provides coverage for your personal possessions in the house. You should ask your agent about the natural calamities that are covered under your policy.
• Protection From Self-Caused Damage: If you inadvertently cause damage to your rental home, such as accidentally breaking a window or overflowing water, your landlord may not be responsible for the losses. Renters insurance can help you covers the costs of repairing or replacing the damaged belongings.
• Protection From Unnatural Fire: A comprehensive insurance policy will also cover the damages caused in the event of a fire due to short circuit or other electrical issues. If you live in a multi-dwelling unit and the fire spreads to other apartments as well, you could be liable to pay for the damages to their property and belongings.

To request a quote for renters insurance in Killeen, TX, contact Shawn Camp Insurance Agency, Inc. at (254) 526 – 0535.

Homeowners often understand the importance of insuring their property, as it is a very valuable investment. However, renters often compromise on the renters insurance as they do not understand the benefits of the insurance or they consider the money invested in insurance as wastage.

The biggest reason to get renter’s insurance is that it covers renter’s content and liability, which protects you in events of accidents, environmental damages and theft. Renter’s content insurance covers the estimated replacement value of items that are damaged by fire, lost, or stolen, whereas, the renter’s liability insurance protects the renter from paying for an accident that leads to loss or damage to the property or an individual.

Other benefits of renter’s insurance include:

• Protection From Fire: The renter’s insurance offers you protection from fire. They pay for the replacement of items that are gutted in fire and even pay for the food and accommodation while the house is repaired or treated for smoke damages.
• Protection From Theft: By getting renter’s content insurance coverage, you can insure your personal, expensive items against theft. This offers you peace of mind that your contents are protected and safe and in case of theft, you will get their estimated value.
• Protection From Damages That You Cause: The renter’s insurance also offers protection from damages that you cause to the neighbors property. Your insurance company will pay for fire or any other incident in your rental that causes damage to your neighbor’s rental if you have renter’s liability insurance. By paying a little extra, you can have added protection as the renter’s liability insurance also covers any damages that you may unintentionally cause.
• Protection From Visitor’s Injures: Having renter’s insurance protects you if any worker or guest is injured in your rental premises. If your dog bites your neighbor or a visitor and he sues you, you are covered for the medical bills that he incurs and legal bills for any lawsuits that you may have to face.

To get the best renter’s insurance, you can discuss your requirements with your insurance provider. By having the best-suited plan, you can save yourself from potential financial disasters that may affect your life. The insurance offers peace of mind and you can rest assured that the insurance provider will cover all damages.

It is very important for tenants to apply and obtain renters insurance as it provides coverage for personal possessions, liability protection and additional living expenses of the renter.  Renters insurance is an important financial protection for the tenant and his belongings in case of the crisis, theft or a natural calamity.

Some of the things that should be kept in mind while choosing a renters insurance are given below:

Regarding coverage for personal possessions

• Determining the value of insurance: A list of the renter’s possessions and their estimates value would help in determining the value of insurance that needs to be bought.
• Replacement cost vs  Actual cash value coverage: Replacement cost policy pays for the replacement of the lodger’s belongings. The actual cash value coverage takes depreciation into account as well. The replacement policy is usually 10% higher than the actual cost policy.
• Scope of renters insurance: Floods and earthquakes are the only disasters that are not covered under renters insurance. The tenants have the option of getting a separate policy or have it validated to the renters policy.
• Concept of deductibles: Deductibles are amount paid before the insurance kicks in. The monthly premiums of varying amounts are available depending upon the individual’s convenience.
• Addition of floater: As most policies provide protection only to a certain limit it becomes imperative that a floater is added to the policy for providing adequate protection to the valuables.

Regarding Liability protection

• Against legal suits: Renters Insurance provides protection in case of a legal action against the tenant or his family member for injury or damage to the property. It will cover cost of fighting the legal battle and medical bills are also covered in the renters insurance.
• Umbrella liability: It kicks in when the underlying liability is exhausted.  It is usually chosen when extra protection is needed and even covers defamation although certain conditions need to be fulfilled before the policy is activated.
• Additional Living Expenses: Under this provision the policy provides an additional living expense in case the renter’s home is destroyed forcing him to stay somewhere else.

Other coverage

It does not cover for off premises damage.

Discounts

• The renter can get discount in case there is another policy with the insurance agency. The presence of security system, smoke detectors etc. entitles the tenant to additional discounts.
• With the insurance companies offering various discounts, having a renters insurance is a sound decision that a tenant should make.

We, at Shawn Camp Insurance Agency, Inc, help you choose the most suitable renter’s insurance policiy. For more information, call at (254) 526-0535 or visit us at 2705 E. Stan Schlueter Loop, Suite 101 Killeen, Texas 76542.

Usually, landlords get insurance to protect the rental property from fire and damages; however, that policy does not provide coverage for the personal belongings of the tenant. It only insures the apartment or house. As a tenant, you should always invest in renters insurance, which offers coverage to protect you from any unforeseen events, such as fire, that may cause damage to your clothes, computer, and even the neighbor’s property. Your insurance can cover all the losses and pay for the replacements. Though the renters insurance policies may vary, the common things that they cover are:

Personal property: Evaluate your belongings such as furniture, electronics, clothing, appliances, etc., and find out their worth, as you can choose the policy based on the cost of your belongings. A renter’s insurance policy covers your personal assets against theft, fire, hailstorms, vandalism, water damage, explosions, and electrical problems. This means you are protected from the losses that you might incur due to any of these situations.

Personal Liability: If someone is accidently hurt in the premises of your rental property or because of you, your renter’s insurance policy will provide liability coverage to pay for all legal costs. You should check with your insurance provider to know about the limits of your personal liability coverage.

Medical Coverage: The renter’s policy also covers medical expenses if someone other than you or your family members is injured on your rental property.

Damage to Other’s Property: The renters insurance policy offers coverage even if you accidently damage or break anyone else’s property. The insurance company will pay for the repairs and the replacements.

Additional living expenses: Often, you may have to incur additional expenses due to damages caused to your property. If your rented house becomes uninhabitable and you have to temporarily stay somewhere else, these additional living costs, also known as loss-of-use coverage, are covered by the renters insurance. These expenses may include housing, food, and any other costs that you bear until your rental house is repaired and you move back into the house.

Optional Coverage: You can take optional coverage for expensive items such as jewelry, antiques, coins, and other items that have high value. You can discuss your requirements with your renter insurance provider who will explain you everything regarding the coverages available.