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How much would it cost to replace all of your belongings? Even if you’re just starting out, it would likely cost thousands. And if you’re more established, it could cost you tens of thousands of dollars!
The primary reason you should invest in renter’s insurance is to protect against the risk of losing everything. If you are like most people, you are not in a position to replace everything all at once. But with renter’s insurance, you can! 另外, many renter’s insurance policies provide help to pay for temporary housing while your rental home is being repaired or replaced.
Residents are required to maintain comprehensive liability insurance coverage to safeguard against any potential damages or losses. This includes minimum limits of liability, encompassing bodily injury and property damage, with a combined single limit of $300,000. The insurance policy must designate “(Property Name) P.O. Box 3687 Coppell, TX 75019” as the interested party. Proof of insurance is necessary upon move-in and at each renewal period.
Although it is not mandatory, we strongly recommend residents also get coverage for their contents and personal property. The Landlord is not responsible for any damages to the personal property of a Resident, regardless of the cause of the damage or loss. Residents waives the right to sue for compensation from personal injuries for issues related to maintenance unless the Resident first informs the Landlord (in writing) of the conditions needing correction. Residents waive the right to sue for compensation on the grounds of improper care for any item if the Resident could have been aware of it but failed to first inform the Landlord in writing.
Failure to have renters insurance coverage is considered a lease violation and a monthly $20 fee will be charged to your account until proof of insurance is provided.
Buying renter’s insurance is easy! You can easily get a quote and purchase insurance online — or you can purchase renter’s insurance from your local insurance agent.
Not sure what insurance company to go with? You can obtain affordable coverage easily with Lindy’s preferred 保险 company, 居民盾. 居民盾 is our preferred insurance provider. All Lindy residents are pre-approved for insurance. No credit check or other screening required and their rates are very affordable. You can also get a quote and enroll by calling 1-800-566-1186.
令人惊讶的是, a basic renter’s insurance policy is around $240 per year (although renters who need larger liability coverage will likely pay more). Your own quote will depend on a number of factors, including your previous insurance history and where you live.
Consider the following to make sure you select a renter’s insurance policy that’s right for you: