Renters Insurance in San Antonio, TX
Regardless of requirements, renters should consider getting an insurance policy to cover their personal belongings and liability. At Tom Reyes Insurance Agency, we can help you get renters insurance at competitive prices.
What Does Renters Insurance Cover?
While inclusions may vary depending on the insurer, a renters insurance policy often provides the following:
- Personal property coverage can cover damage to your electronics, furniture, clothes and appliances, subject to policy limits.
- Loss of use coverage can help pay for necessities such as meals and temporary accommodation if you have to move out of your rented home due to a covered peril.
- Personal liability coverage can help pay for related expenses if you’re liable for causing property damage or bodily harm to a third party.
- Medical payments coverage can help pay for the minor medical expenses of a third party who is injured on your property.
Is It Required?
While Texas does not legally require renters insurance, your landlord or property manager may ask for proof of coverage as part of your rental agreement.
How Much Does a Policy Cost?
The cost of a renters insurance policy can depend on multiple factors, including the following:
- Location: Some locations may be more expensive to insure, such as high-density areas and neighborhoods with a high risk of crime or natural disasters.
- Coverage selection: High coverage limits may also mean a higher rate.
- Deductible: Choosing a higher deductible can lower the cost of a policy.
- Type of residence: You may have to pay more if you’re renting a single-family home than an apartment or condominium unit.
Get Covered Today
Contact Tom Reyes Insurance Agency for more information about our renters insurance offerings or to request a free quote.