Importance of Renters Insurance

Why You Need Renters Insurance

The importance of having renters insurance.

Nowadays, it’s more common than ever to rent a home or apartment rather than buy one.  However, even if you don’t own your home, it’s still important that you take the necessary steps to protect your assets.  This is why it’s so important that you have the right renters insurance in Plano, Texas.  Here are some of the reasons why renters insurance is a must-have policy for you.


Renters insurance is very similar to homeowners insurance in that it protects your belongings from damages and loss.  Because you do not own the home or apartment you are renting, renters insurance does not cover the physical building you are living in.  However, your personal possessions and personal liability are covered under your renters insurance.  Additionally, renters insurance has coverage for medical payments, meaning that it will cover the medical costs if anyone is injured while at your residence. Finally, renters insurance also offers coverage for additional living expenses.  This means that if your residence is damaged or made uninhabitable, your renters insurance will cover the costs of you temporarily living elsewhere.


Renters insurance is one of the most affordable insurance policies out there.  At mere cents a day, there’s no reason to not have the protection that a renters policy offers.  Additionally, if you bundle your renters insurance along with your other existing policies (auto, life, etc.), you could save even more.

These are some of the reasons why you need to have renters insurance.  To find the right policy for you, turn to the experts at Tri-Star Insurance/HUB International.  Our dedicated team is always ready to assist you with your coverage needs.  Contact us to get started today.