RENTERS INSURANCE
Renters Insurance
Renters insurance is a smart choice for anyone leasing a home or apartment, providing valuable protection against unexpected events like theft, fire, or liability claims. At Assured Indemnity, a full-service, multi-line insurance agency, we proudly serve clients in New Orleans, Jefferson, St. Bernard, Plaquemines, and nearby parishes. Our tailored renters insurance policies are designed to safeguard your belongings—and your peace of mind.
What Do Renters Insurance Policies Cover?
Renters insurance coverage can be tailored to fit your unique needs and the way your policy is set up. In general, it includes the following types of protection:
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Personal Property Coverage: Protects your belongings—such as furniture, electronics, and clothing—if they're damaged, destroyed, or stolen due to covered events like fire, theft, or vandalism.
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Liability Coverage: Helps cover legal expenses or medical costs if someone is injured in your rental unit or if you accidentally damage someone else’s property.
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Loss of Use (Additional Living Expenses): Covers the cost of temporary housing and other living expenses if your rental becomes uninhabitable due to a covered event.
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Medical Payments to Others: Provides limited coverage for medical bills if a guest is injured in your rental, regardless of who was at fault.
How Much Does This Cost?
The cost of renters insurance depends on several factors, including the value of your belongings, the location of your rental, and the coverage limits and deductible you choose. Living in areas with higher crime rates or a greater risk of natural disasters can raise your premium. While higher coverage limits offer more protection, they may increase your costs—choosing a higher deductible, on the other hand, can help lower your monthly payments.
How to Get Renters Insurance
To purchase renters insurance, start by comparing quotes from different insurers—both local agents and online platforms. Consider the value of your personal belongings, your location, and your budget when evaluating coverage options. You may also save by bundling your renters insurance with auto or other policies, or by qualifying for available discounts.
Whether you’re renting an apartment, condo, or house, having the right coverage brings peace of mind. For personalized solutions, trust Assured Indemnity. We’re here to guide you through the process and help you find the best policy for your needs. Contact us today to learn more.