If you are renting a home in the Arlington TX area, you are not required to purchase rental insurance. However, at Strack Insurance Services, we strongly recommend you do. Here are a few of the benefits associated with purchasing rental insurance.
You Are Protected Against Theft
If someone breaks into your rental home and steals your property, you have no recourse aside from filing a police report and hoping they find your belongings. When you have rental insurance, you receive fair market value for the stolen and unrecovered items so you can purchase them again and be made whole.
Your Belongings Are Covered Against Home Defects
If a pipe bursts, the roof leaks or the basement floods in your rental home, the owner’s home insurance will not cover a renter’s personal property. Many people do not realize this. The only way to cover your belongings against home defects in a rental home is to purchase renters insurance. If you have renters insurance, all of the property that is damaged because of unexpected items in the house are covered.
You Are Covered Against Unexpected Events
Renters insurance helps to protect your property. But it also helps ensure you maintain a roof over your head. If the rental home you are renting is damaged due to a flood or fire, you may find yourself homeless with nowhere to go. Rental insurance helps to provide you the reasonable costs of housing or hotel costs while the home is being repaired or you find a new rental home.
If you are renting a home and you do not have rental insurance, contact Strack Insurance Services, serving the greater Arlington, TX area, today. Our agents can help you find the policy that is best for your needs.