Saginaw Renters Insurance
At Kirk Bonds Insurance, we get a lot of questions about Saginaw renters insurance. While many tenants choose not to get this type of coverage, a lot of times the reason is that they just don’t know how effective it is, or how affordable it is. Here are the answers to some of the more common questions people ask us about renters insurance in Saginaw TX.
What Kind of Coverage Will I Get?
When you purchase Saginaw renters insurance, you’ll be covered for a lot of things. Most people assume it will only cover their possessions for fire or theft, but there’s more to a policy than just that. For example, if you have a friend or family member over and they have an accident that leads to an injury, you’ll be protected. Your renters insurance in Saginaw TX will also cover you if you have to move into a hotel, or get some other type of temporary housing, if your home is uninhabitable.
What Kinds of Perils Are Covered?
When something like a storm or a fire damages a structure, that event is known as a “peril.” Renters insurance in Saginaw TX covers losses due to a wide range of perils. Different companies offer different types of coverage, but, in general, these are some of the perils their policies will address.
- Fire
- Lightning
- Hail
- Smoke
- Theft
- Vandalism
- Damage due to a water heater failure
- Plumbing freezes
It’s important to note that you’ll only be covered for perils that lead to losses of your personal belongings. Your renters insurance won’t cover structural damage, so you won’t receive any money if the roof of your rental house is damaged. That will be covered under your landlord’s insurance.
How Much Coverage Do I Need?
That depends on the value of your belongings. There are several online apps that can show you how to take an inventory of your possessions. That number will help you determine what size of policy you need.
If you would like more information on Saginaw renters insurance, call Kirk Bonds Insurance at (817) 232-1511 or contact us online to get in touch.