Do you currently have renters insurance? If not, contact Tackett Insurance Inc.

Few renters have renters insurance. Why? They assume incorrectly that their landlord’s insurance covers them. Another reason is that they underestimate the value of their personal property. Add up the value of electronics and clothing, and you will find it won’t take long to get into the range of thousands of dollars.

A renter needs insurance to cover their personal property. The landlord’s insurance will cover losses on the building itself. The renter’s personal property, along with certain liabilities, is covered only by a renters’ insurance policy that the tenant has to find and pay for.

Another reason that is often overlooked is the liability coverage provided by the policy. If someone is injured in your home, you could be sued. If your dog bites the pizza delivery person or another guest, the policy’s liability portion will take over.

Renters’ insurance is very affordable. Your cost will be based on how much coverage you need, the type of coverage, the amount of deductible, and where you live.

There are a few losses that are not covered. A separate rider or policy is needed for losses resulting from earthquakes or floods. Wind damage may need a separate rider in an area prone to hurricanes.

Don’t allow your belongings to go unprotected. For a reasonable cost, you can have peace of mind knowing that your personal property will be protected in the event of a fire, theft, or injury to a visitor.

Are you a renter living in Memphis, TN? Don’t risk a loss. Contact Tackett Insurance Inc. today for a no-obligation quote or answers to any questions you may have. You will be glad you did.