When you have renter’s insurance, it comes with a variety of coverage types. It includes protection for your belongings inside your home, for instance. However, it also comes with liability insurance. So, why do you need that in your renter’s policy? If you don’t have renter’s insurance yet, we can help. Contact us at Insurance Source Solutions in Oklahoma.

Understanding Liability in a Rented Home

There are many things that the landlord has to insure, including the structure of the rented home. However, obtaining liability insurance is up to you as the renter. As the person on the lease, you’re responsible for all that goes on there, and this includes any accidents. If someone from outside the household comes into your home and gets injured there, you need to have this coverage in place. Even a small accident can end up costing a lot in medical bills, and those aren’t the only expenses you may owe. An accident may require a lot of ongoing therapies and cost the victim lost wages. All of these costs would be up to you without this liability coverage.

Protecting Yourself with Liability Coverage

Liability coverage in renter’s insurance does more than just pay bills—it saves you from financial devastation. The cost of an accident can be extreme, and there don’t have to be serious injuries for it to cost a lot. Medical bills keep climbing, and so do every other type of bill. If you don’t have this protection in place, you leave yourself open and vulnerable to serious financial problems after an accident.

Secure Your Renter’s Insurance

When you need renter’s insurance, we’re here to help. Call Insurance Source Solutions in Oklahoma to get started on the policy you need to stay protected.

Renting a new home or apartment in Utah, Kansas, Oklahoma, or anywhere can indeed be an anxiety-inducing experience. Completing rental applications, setting up utilities, entertainment services, and waste management services, and moving your precious belongings and high-end valuables can leave luxury apartment renters and local home renters feeling on edge.

The good news is that the experts at Insurance Source Solutions can help mitigate moving stress by providing local guidance and advice on a comprehensive renters insurance policy that can protect your valuables from financial loss.

Renters Insurance Protects Residents from the Unexpected

Much like auto or homeowners insurance, renters insurance is designed to protect renters from devastating financial losses that could result in high out-of-pocket expenses for repair or replacement. A comprehensive renters insurance policy can safeguard your furniture, electronics, jewelry, and other valuables from events including fire, theft, vandalism, and water damage.

Liability Insurance for Renters

Many renters are unaware that they could be held liable for damages and expenses if someone is injured on the property while visiting their rental. A liability insurance policy for renters can offset the cost of legal, medical, and personal injury claims that arise in these situations.

Oklahoma’s unique location places it at the center of one of the most tornado-prone sections of the country. A comprehensive renters insurance policy may include provisions that help residents recover quickly from the aftermath of twisters and other natural disasters that can wreak havoc on their mental health, personal property, and rental units.

Don’t wait until it’s too late to protect your possessions from the unexpected.

Be proactive by contacting a licensed insurance agent at Insurance Source Solutions, serving Oklahoma, Kansas, and Utah, to get a quote and start a renters insurance policy today!