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Austin Renters Insurance Agency

Advantages of a Renters Insurance Policy.

// AUSTIN FLEET PROTECTION

get peace of mind.

Get a renters insurance policy to protect your investment.

Whether or not your landlord requires you to carry renters insurance, it’s a good idea to have one. Renters insurance is an inexpensive way to protect your personal property, like furniture and clothes, in case of theft or damage. You might pay roughly $6-$20 a month for renters insurance with an average cost of $500 per claim. Most policies include liability coverage with the same monthly price, which means that you could be covered if a guest at your party slips, falls, and wants to sue you.

When renting a landlord does not cover the renters’ personal belongings, renters insurance is vital to protect your belongings. Renters insurance can also cover you in case of identity theft or hospital bills that result from an injury at your home. Get a Renters insurance quote today, and we’ll show you how to quickly and affordably protect what you care about.

INSIDE APARTMENT -RISK COVERAGE INSURANCE

The Risk Coverage Insurance Agency could help you get the affordable home insurance coverage you need. The Risk Coverage Insurance Agency is a local insurance agency that offers home insurance coverage for homeowners throughout Austin and surrounding Cities. Their experienced agents can advise you on the best policy options to protect your home against both risk and price, whatever your needs are.

What risks are covered by renters insurance?

 

Renters insurance protect you, your furniture, clothing, anything personal in your apartment, so it makes sense that you want to protect everything in and around yourself with some form of affordable renters insurance. Your Renters policy will provide low-cost coverage for insured items from:

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    Fire or Lightning

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    Theft or Vandilism

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    Smoke Damage

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    Landlord

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    Water Damage

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    Visitor Injuries and There Medical Payments

    Items covered by renters insurance?

     

    When renters are away from home, renters insurance can cover additional living expenses if you have to stay elsewhere while your rental needs repairs after an accident or fire. If there’s a loss of personal possessions, renters insurance may reimburse you for what was lost based on the current value, for example:

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    Furniture & Clothing

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    Electronics and appliances (television, computer, etc.)

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    additional living expenses if the property is uninhabitable due to a covered loss, and you have to move or stay at a hotel.

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    Medical expenses and legal fees if someone gets injured at your residence.

    In addition to standard renters policies, we offer more coverage limits

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      Scheduled personal property coverage for musical instruments, electronic equipment, antiques, collectibles, and other high-ticket items

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      Personal Umbrella Policy to Protect Yourself Beyond the Usual Limits of a Standard Home or Auto Insurance. Individual Umbrella policies cover special limits.

      The best way to protect your jewelry is with an insurance policy. You can purchase special coverage options for engagement rings, wedding bands, and other valuable items as well!

        Bundle your auto and renters insurance to save money.

        You could save even more by combining your renter and car insurance policy. Check out our Multi-Policy Discount page for all the ways you can bundle them together to save on premiums!

        Home Security Systems

        Burglar alarm security systems are one of the best ways to protect your family and possessions. combining with your renter’s policy you’ll get an additional discount

        Sprinklers or Smoke Alarms

        You invest in your safety and security with these lifesaving devices! In addition, smoke alarms can save you money by getting a discount on renters insurance. The same goes for fire extinguishers; they’re essential whether living alone or sharing an apartment.

        Who decides how much my property is worth??

        Settling on property damage coverage is based on the actual cash value rating of your renter’s policy. Renters insurance protects you from incurring a financial loss when your property is lost or damaged in an unforeseen event. Using the calculator above will help us determine what dollar value rating best fits your needs.

          Actual Cash Value (ACV)

           The amount it would cost to repair or replace your renter’s belongings after depreciation.

          Replacement Cost Coverage (RCC)

          The amount it would cost to repair or replace your renter’s belongings, regardless of depreciation. With renters insurance, you’re not required to settle for the actual cash value of the property if it’s damaged.

          Managing your renter’s insurance policy is easy.

          Agents

          Meet with a local agent to learn more about renters insurance and personalize your policy.

          Policy Service and Claims

          You can log in to your policy directly or contact the Risk Coverage Insurance Agency partner for help with:

          • Payments
          • Claims
          • Policy changes
          • Additional policy info

            Additional Coverage

            Riders and Endorsements can be added to the standard renters’ insurance policy coverage, providing extra protection for specific items such as instruments, collectibles, or jewelry

            // faq

            Get the answers you’re looking for: Renters Insurance

            How much is your stuff worth?

            Well, you’re in luck because we have an easy way of estimating the value of all those items. Our Personal Property Insurance calculator will help make it simple and allow us to find out what kind of coverage would best suit you.

            I am a renter, not a homeowner. Do I still need insurance?

            Yes, renters insurance is recommended for when you live in someone else building structure or other rented living space. Without renters insurance to protect your belongings from damages caused by events such as fire or theft, you might potentially be responsible for paying out of pocket to replace them.

            Doesn't my landlord's insurance covers my personal belongings?

            While your landlord most likely does have insurance, Your insurance is not the same. Landlord insurance only covers the physical structure of the building but not your personal belongings within it.

            I live in an apartment with roommates. Do we each need a renters policy?

            Yes, renters insurance covers your belongings but also if you happen to be the cause of the accident that places your roommates’ stuff in harm, they might want to be compensated or might end up suing you for damages.

            Having renters insurance would ensure that you would all be covered separately if something happened. Any time you create a claim it shows on your record, you dont want to carry claims from someone else fault.

            Does renters insurance cover my stuff while it's being used?

            Coverages vary for renters insurance, but they include Personal Property and Contents Coverage. If you happen to be using or taking part in an activity that puts your Personal Property at risk, renters insurance might kick in and protect you.

            Who decides how much my property is worth??

            Settling on property damage coverage is based on the actual cash value rating of your renter’s policy. Renters insurance protects you from incurring a financial loss when your property is lost or damaged in an unforeseen event. Using the calculator above will help us determine what dollar value rating best fits your needs.

            • Actual Cash Value (ACV) – The amount it would cost to repair or replace your renter’s belongings after depreciation.
            • Replacement Cost Coverage (RCC) – The amount it would cost to repair or replace your renter’s belongings, regardless of depreciation. With renters insurance, you’re not required to settle for the actual cash value of the property if it’s damaged.

             

            Does my renter's insurance cover my possessions even when I go on vacation?

            You might think that renters insurance is only applicable if you live in an apartment building, but it’s not. It provides coverage for all your possessions, no matter where they are. Whether or not the location matters about a covered event happening at home – as long one has paid up his monthly premium beforehand!

            What if I am sued or found responsible for injuring another person?

            Under renters insurance coverage, you are insured if someone sues you. insurance liability also covers legal expenses, up to the limits of your renter’s policy, should you be found liable for injuring another person or damaging another person’s property.

            How do I create an inventory after getting renters insurance?

            This may not be the most fun part of renters insurance, but creating an inventory could save you money in the long run. There are great renters insurance checklist templates to make it easy for you.

            Does a college student need insurance for their apartment?

            Yes, renters insurance is an excellent option for college students! In the unfortunate event that they have to make a claim, you will want to look into coverage limit. This type of policy covers items such as furniture and clothing even if they’re lost in a fire or damaged by severe wind or hail.

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