Quality Renters Insurance Lubbock Texas
Have you been searching around the internet for Quality Renters Insurance Lubbock Texas? You came across the right place at The Alex Ruiz Agency to meet your renters insurance needs. A lot of renters usually don’t even have insurance at the top of their minds. This is due to the fact that most people are never really thinking about the worst that can happen, or the financial burden if we had to replace all of our belongings.
The fact is that landlords are not required to replace your belongings if they are damaged and they are also not required to have insurance on your belonging that resides within your rented home. Landlords are only required to have property insurance which covers damage to the physical structure of the building itself. This is where renters insurance is such a great thing because as a renter you do not have to worry about the physical structure of the building.
What Is Renter Insurance?
When browsing the internet for renters insurance Lubbock, you will notice a few big differences between renters insurance and homeowners insurance. The biggest difference is that renters insurance is for tenants, and homeowners insurance is for property owners. Tenants are not required to purchase renters insurance, but property owners are required to purchase homeowners insurance. Even though renters insurance is not required, it’s still a great idea to have renters insurance to make sure your valuables are protected in the worst case scenario.
It’s hard to imagine that anything would happen and we would need to replace all of our items. Replacing a few items here or there also might not seem like a big deal, but if you had to replace everything at once, it can be an exhaustive financial burden to replace everything at the same time.
Give the Alex Ruiz Agency a call today for your Renters Insurance Lubbock needs, or fill out our contact form for a no-obligation quote.