Houston Renters Insurance
As Texas’ largest city and one of the fastest-growing metropolitan areas in the United States, Houston is home to a massive real estate market and rising property values. Anyone who plans to rent a home is encouraged to do their research, take their time, and be certain about the costs when signing their lease.
One step to take as soon as you finalize your rental agreement is to get renters insurance. It will be there to help you financially if you ever run into unexpected problems in your home.
Amco Auto Insurance is the agency Houston residents trust with all of their insurance needs, and we can help you get the perfect renters insurance to fit your needs and budget. We’ll ensure that you get a flexible, affordable policy that will always work to your advantage.
To receive your customized renters insurance policy today, call us at 713-771-2626 or request your free quote
Common Renters Insurance Questions
What is renters insurance?
No home is hazard-proof, and you never know when your rental home might fall victim to a fire, severe storm, break-in or other hazards. Even if you rent rather than own the property, you might find that you’re still vulnerable to many of the costly losses that may accompany such challenges.
Renters insurance will be there to help you whenever problems arise. Because you are the tenant, your policy will be able to help you recoup the costs of damaged personal belongings, cover personal liabilities and ensure that you can continue to live comfortably even if a damaging event occurs. However, it won’t burden you with coverage that is better designed for a full homeowner, which can help you avoid having to pay more for coverage that you don’t realistically need.
What does renters insurance cover?
The main difference between renters insurance and homeowners insurance is that renters insurance doesn’t offer dwelling/structure coverage for the home itself. The tenant is not the dwelling’s owner, and therefore is not responsible for directly insuring it.
All the same, the coverage offered by renters insurance can offer benefits like:
Possessions insurance: Coverage will pay for damage to your personal belongings (clothing, furniture, electronics) following unexpected, unavoidable losses such as fires.
Liability insurance: Liability insurance under your renters insurance policy helps to pay for injuries sustained in or damage to your rental property itself, provided that they are accidental and unintentional.
Additional living expense (ALE) protection: If a problem in your rental home forces you to temporarily move out, then this coverage can help cover dining, hotel and similar expenses until you move back home.
These plans can be further tailored to include specialized benefits like:
Scheduled items riders
Replacement cost value possessions coverage
Umbrella liability insurance
Pet bite liability insurance
Is renters insurance required?
Landlords usually require their tenants to purchase renters insurance so that they’re appropriately protected. Landlords are typically required to have their own insurance policies to provide liability and property coverage for the dwelling, but this coverage doesn’t typically extend to a tenant’s personal property or liabilities.
How much do renters insurance policies cost?
Multiple factors may influence the cost of your renters insurance, such as:
Your credit score
Security features in the home
Your chosen policy and coverage limits
The possessions you wish to insure
Generally, renters plans are very affordable, and your Amco agent will help you maximize your ability to save money through discounts, bundling options and other incentives.
Amco Auto Insurance is dedicated to helping all Houston clients select personalized policies that fit their needs. We will work one-on-one with you to create a customized renters policy that gives your residence the necessary coverage at the best price possible.