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Renter's Insurance For Robson Retirement Communities And All Of Arizona
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Do you need Renter’s Insurance? In 2017 the homeownership rate in Arizona was just under 65%. This means that over 35% of Arizona residents, greater than a third are currently renting. If you’re included in that number you might be wondering if you need renter’s insurance and why.
Doesn’t the landlord have their own insurance policy? Landlords will usually have their own insurance policy but that policy does not protect you or your possessions, only the landlord’s property and the landlord’s liability. It is certainly not a policy that you can count on as the renter.
Can a landlord require renter’s insurance? The answer is yes a landlord can require it, but some might not. Even if they don’t require it, having it is a smart choice. Renter’s insurance is quite affordable, especially when combined with an auto insurance policy. So having it substantially reduces your risk at a low cost.
Get Significant Discounts When You Bundle Renter's & Car Insurance
When you bundle a Renter’s Insurance policy with an Auto Insurance policy you could qualify for significant discounts as long as the policies are provided by the same insurance carrier. As an independent insurance agency, The Charles Company can help you get the best policies for your needs affordably, without being limited to one insurance company. Contact us today to see how we can help you save.
Renter's Insurance Coverage Optoins
These are the different Renter's Insurance coverage options which we can discuss with you:
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Personal Property Coverage
Covers your personal possessions, usually against fire, smoke, theft and vandalism.
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Personal Liability Coverage
Covers you against lawsuits. If you're responsible for the accidental death or injury or even just accused of being responsible, then this provides some help up to the policy limit.
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Medical Payments to Others
Covers you when others are injured at your residence.
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Additional Living Expenses
Covers expenses if you can't stay in your rental due to a covered loss.