Home Page
postheader postheader postheader postheader postheader postheader

In a word, yes.  When you sign a lease, you are signing a contract and a condition of the contract is that you carry renters insurance.  But why?

More often than not, your landlord is being forced by his insurance company to require the tenant to carry insurance.  This helps to shift some of the responsibility away from the landlord from accidents that happen due to the negligence of the tenant.  It may ever help to lower the cost of the landlords insurance which he hopefully passes on to you in lower rent payments.

Many people are under the impression that the landlord’s policy will pay for their property in case of fire, tornado, vandalism, etc.  The landlord’s policy covers his property; it does not cover the property of the people he rents to. 

If you rent, you need renters insurance whether the landlord requires it or not.  There are so many things you have no control over, such as an irresponsible neighbor that starts a fire or has a big party that gets out of control.  If you live in a multistory building, there could be a water leak from your neighbor above. 

A great feature of renters insurance is ‘loss of use’.  If you suffer a covered loss and your apartment is uninhabitable, this feature will pay for your additional living expense until you can move back in to your place. 

What does renters insurance cost?  A good estimate is $250 annually although we have some policies as low as $125 a year. 

If you need renters insurance call us today.

All Write Insurance Agency in Lubbock, Texas

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2017

View Mobile Version


2413 20th St | Lubbock, TX 79411 | Phone: 806.763.2886 | Fax: 806.741.1997

Powered by Insurance Website Builder
Facebook Blog