When you are renting an apartment, home, condo, or other residence, you will want to make sure that your personal possessions are protected. The owner of the building, also known as your landlord, will be responsible for getting home owners insurance that covers the actual building that you live in. Should that building be destroyed or damaged, the building itself will be covered by the insurance however any of your personal possessions will not be covered unless you maintain a separate renters insurance policy Spring TX.
When looking for renters insurance, companies such as the Ortiz Insurance Agency are able to give you exactly the type of coverage that you will need to make sure your personal possessions are covered in case of a disaster or a theft. When you speak to your renters insurance provider, be sure to ask them exactly what type of circumstances that the policy will cover. Normally, a renters insurance policy will cover most natural disasters, fires, and may also cover some types of flooding. The typical renters insurance policy will also cover theft, so if your home is broken into your personal possessions can be covered.
Another important thing to ask when you speak to a renters insurance in Spring TX provider such as the Ortiz Insurance Agency is exactly how the reimbursement would work. Often, the reimbursement value of items is determined by the current replacement value of the item, but this may not always be the case. You should always make sure to have some documentation about the contents of your home whenever this is possible. This can include photographs, and may also include any lists of items or any receipts from items that you purchased.
If you have any special items, such as jewelry, that have a higher value which you feel will not be covered by the amount of your renters insurance policy, ask your insurance provider about getting a rider. A policy rider allows you to purchase extra insurance for specific items like jewelry at a low cost. This is a small addition to your renters insurance policy that can be well worth it if you own any particularly valuable items.
