Renters Insurance In Killeen: A Checklist For Tenants

If you live in a rental property in Killeen, you need to protect your belongings with a renters insurance policy. Your landlord’s insurance policy is for the protection of the home and does not offer any financial coverage for your possessions. Therefore, get in touch with an insurance agent to get renters insurance for:

• Personal possessions
• Liability protection
• Additional living expenses

Following is a checklist that can help you choose the right insurance policy:

• Coverage Required: You need to have enough insurance that can provide coverage for most of your personal possessions in case of a theft, fire or any other disaster. Create a detailed list of all the items that you have in the house and write down their estimated value. This will help to determine how much insurance you require.
• Disasters Included In Policy: Renters insurance will provide protection for any loss caused by fire, theft, sabotage, lightning, windstorm and water damage. Most renters insurance policies do not provide protection in case of a flood or earthquake. So, make sure you discuss your requirements with your insurance agent.
• Liability Protection: It provides coverage against lawsuits in instances of bodily injury or damage done to the property by you, your family members or pets. You will get financial support for defending yourself in the court as well as paying for the damages as ordered by the court verdict. See whether your policy provides sufficient liability coverage.
• Coverage Provided For Damage Caused By Disaster: If a situation arises where your home in Killeen is completely damaged due to a disaster and you are required to stay somewhere else, renters insurance provides you compensation for Additional Living Expenses (ALE). All your hotel expenses, restaurant meal bills, temporary rental expenses and all other costs incurred while your home is being re-built are covered in ALE. However, there is a certain upper limit in this coverage and it may differ from one insurance provider to the other.
• Coverage Provide During Vacation: Renters insurance policies also provide coverage for your possessions if they are damaged outside the house. For example: your belongings could be stolen from your car when you are out on a vacation. Some companies set a limit on the off-premises coverage and provide only a certain percentage of the amount of your personal possessions insurance.
• Discounts Available: You can ask for discounts on renters insurance if you have installed a security system, smoke detectors or other safety features in your home. You can also consider bundling your policies to be eligible for discounts.

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