Renters Insurance

Renters insurance is an essential coverage for tenants. Homes, apartments and condos are vulnerable to various accidents. Having renters insurance can reduce the stress of covering high out-of-pocket costs if an accident occurs.

What Renters Insurance Covers

Policies vary among tenants, but standard renters insurance often consists of three coverages:

·        Personal property coverage helps cover costs if items kept inside your dwelling become damaged or stolen.

·        Liability coverage helps cover medical expenses if someone gets injured inside the place you’re renting.

·        Additional living expense coverage helps pay for temporary living arrangements if you are unable to live in the place you’re renting because it was damaged.

Specific policies can be tailored to include additional coverages. The Insurance Station can help you learn more about potential policy options.

How Much Renters Insurance Do I Need?

Some tenants might need more renters insurance than others. Iowa does not require renters insurance, but certain landlords and homeowners associations might require tenants to maintain coverage. Regardless, having renters insurance can be an excellent form of financial protection against unpredictable accident-related costs.

Learn More

If you rent a place near Altoona, Iowa, the agents at The Insurance Station can assist you in learning more about potential renters insurance policies to help you decide on the proper coverage.

For additional information, contact us today at 800-845-0489 to request a quote.