Renters insurance

Renters Insurance

Just because you don't own your apartment or house doesn't mean your stuff isn't worth protecting. Your landlord's insurance covers the building, but it does absolutely nothing for your furniture, clothes, electronics, or other belongings if there's a fire, theft, or water damage. Renters insurance is surprisingly affordable and covers more than most people realize.

Your policy protects your personal property whether you're renting near Texas Tech, in an apartment off Quaker Avenue, or in a house in any Lubbock neighborhood. If a fire destroys the building, your landlord gets paid for the structure, but you walk away with nothing unless you have renters insurance. Coverage typically includes your belongings up to your policy limit, liability protection if someone gets hurt in your rental, and additional living expenses if you need to stay elsewhere while your rental is being repaired.

Liability coverage protects you from lawsuits if someone is injured in your rental or if you accidentally cause damage to the property or a neighbor's unit. If your bathtub overflows and damages the apartment below, your renters policy can cover those damages. If a guest trips and falls in your apartment, your liability coverage helps pay their medical bills and legal costs if they sue you.

Living in Lubbock means dealing with weather risks, and renters insurance covers damage to your belongings from wind, hail, and most water-related issues. The policy pays to replace what you've lost at current prices, not what you originally paid years ago. For less than the cost of a couple streaming services each month, you get protection that could save you thousands if disaster strikes your rental home.