Renters Insurance in Glendale and Phoenix, AZ
Many people choose to rent. However, even if they don’t own their homes, renters still need financial protection in case something happens to the inside of their rental or belongings.
Most landlords have insurance to protect their properties, but their policies don’t extend to what happens inside their tenants’ homes or to their belongings. Renters insurance can provide needed financial protection so renters don’t have to cover expenses personally.
What Does Renters Insurance Cover?
Renters insurance typically provides liability and property damage coverage. The liability portion may help protect against claims of third-party bodily injury or property damage that you or another person listed as insured on your policy may cause. It might also help pay for medical bills if someone has an injury inside your rental.
Some renters insurance policies may also pay temporary living costs if you must move because of a fire or another insured disaster. Your renters insurance may cover hotel bills, temporary rentals, restaurant meals and other living expenses. Ayala Insurance can discuss what is part of your renters insurance policy.
What Does Renters Insurance Cost?
In general, renters insurance is relatively affordable. Your policy premium cost depends on the value of your belongings and what you want to insure. Since there is no standard coverage, you want to choose an appropriate amount that will sufficiently protect your belongings and provide adequate liability coverage.
When Should I Get Renters Insurance?
Many landlords require renters insurance as a condition of signing a lease. This requirement might mean you need to act quickly to obtain coverage—especially if you’re moving into a building that demands it as a condition of your rental. Getting renters insurance is usually a relatively quick process. We can help you with the insurance coverage you may need—and help to ensure it meets your landlord’s requirements.
Protect Your Home
Ayala Insurance helps Arizona residents with various insurance solutions, including renters insurance. We proudly serve customers in Phoenix, Glendale, Avondale, East Phoenix, Tempe, Mesa and Litchfield Park. Call us at 602-277-1900 to discuss coverage for your specific situation.