Not all who reside in Texas are homeowners. Some of our residents are living temporarily for education or job placement. Instead of purchasing a home, they find it much more convenient to rent a house or apartment. Unfortunately, Texas is no a stranger to tragedy and natural disasters, so many of these renters find themselves in need of renters insurance, which is available through Michael Leonard Insurance. Below are the benefits that come from carrying this type of insurance.
Personal Property Coverage
Should your personal property become damaged during a natural disaster or fire, the insurance policy that your landlord carries will not cover your personal belongings. With renters insurance, you can repair or replace any items lost or damaged during this event and minimize your financial obligation during a stressful time. Personal property can include everything from your clothing and jewelry to electronics and furniture that you have outlined on your insurance policy.
Should the property that you are renting need extensive repairs, you may not be able to live in the dwelling during this time. You will need temporary housing while your space is being renovated and repaired due to structural damage. This temporary relocation can last for a few days in a hotel or a month or two in another apartment with a temporary lease. These costs can be expensive without renters insurance but can be compensated with a policy. Because housing options may be limited, the costs could be more than you are accustomed to paying. Especially if you take on a temporary apartment without a lease commitment for longer renovations.
Get Your Coverage Today
Minimize your stress and protect your belongings with a renters insurance policy today from Michael Leonard Insurance. Our agents proudly serve Texas clients who are looking to get that security and protection for their items. Contact our office today for more information regarding renters insurance.