Renters Insurance

PAY LESS FOR YOUR PEACE OF MIND.

All too often, renters don’t get insurance coverage because they’re concerned about the cost. Renter insurance from Torabi Inc is not only reliable, but it’s also affordable. You may be able to pay as little as $12 a month for it when you add it to your auto insurance policy. Renters insurance Austin Insurance Agent.

That’s a small price to pay to know the things you own are well protected. See the savings you can get, and ask for a renters insurance quote today.

Get a quote online or call one of our experienced renters insurance agents at 512-339-1515 for a no-obligation quote today!

Protect your possessions — with renters insurance. If you live in an apartment, rental home or duplex or, you’ll need renters insurance to protect your contents and protect yourself from lawsuits. Texas renters insurance pays to replace or repair or personal property. It protects things like your:

clothes
furniture
electronics if they are stolen or damaged.

Renters insurance will not pay to fix the house or apartment if it’s damaged. The building owner’s insurance policy covers that.

Most landlords now require you to buy renters insurance as a condition of your lease and require certain liability limits. This protects them, and you from lawsuits.

AMOUNT OF COVERAGE

All renters policies have a total dollar limit. The dollar limit is the most the insurance company will pay out on a claim, even if the cost to repair or replace your property is higher. Make sure you buy a policy with enough coverage to replace your property if it’s stolen or destroyed. AND make sure to include replacement cost to that your property is covered at today’s value vs. a depreciated value.

DEDUCTIBLE

A deductible is the amount of a covered claim that you pay. For example, if you have $25,000 in damages with a $250 deductible, the insurance company will deduct $250 from the amount it pays you.

TEXAS RENTERS INSURANCE COVERAGE

Renters insurance policies typically include three types of coverages: personal property coverage, loss of use, and personal liability.

Personal property coverage pays to repair or replace your personal property, up to your policy’s dollar limit. Renters insurance also covers your luggage and other personal items when you travel. This coverage is usually limited to 10 percent of the amount of your policy or $1,000, whichever is greater.
Loss of use pays your additional living expenses for things like food and rent if you must temporarily move from your home or apartment. Loss of use coverage is generally limited to 20 percent of a policy’s personal property coverage. For example, if you have $25,000 in personal property coverage, your loss of use coverage would usually be $5,000.
Personal liability protects you against a claim or lawsuit if someone, other than a household member, is injured in your home. A renters policy typically provides $25,000 in liability coverage and pays your legal costs. Most landlords require $100,000 or more.

Note: Ask about buying additional coverage if the value of your personal property exceeds your coverage limits. People often buy endorsements to add or increase coverage for jewelry, fine arts, antiques, computers, guns and electronics.Buy Insurance Austin Progressive Insurance Agent Today!