So you rent a Texas home or apartment, but you have furniture and other valuable items you'd like to protect against loss. What can you do?
Parker Preferred Insurance in McKinney, TX can now help renters protect the precious items they own. Coverage is available for those living in apartments, houses, townhomes, or other dwellings not owned by the policyholder.
The policy will pay for the loss of covered belongings up to a maximum payout limit. It may be possible to add endorsements for more coverage if desired. Payments for loss are based either on cash value or replacement value, and a deductible usually applies. Loss of use coverage pays for expenses of temporary moves occurring due to loss. Personal liability coverage protects you against injury lawsuits from accidents that occur in the dwelling.
One of these factors may be the area in which your dwelling is located. Your credit scores may also affect insurance rates.
Your policy will only pay up to the limit covered. You should prepare an inventory of all your covered items in case of loss. Pictures and receipts are also excellent to document ownership. There can be limits on payments for certain amounts of covered items such as cash, jewelry, or personal papers. Your agent at Parker Preferred Insurance can discuss these specifics with you.
Contact Parker Preferred Insurance in McKinney, TX today for more information on renters insurance or any other of your insurance needs. Our agents are ready to work with you to get started on a policy and get you a quote on Texas renters insurance.