The Benefits of Renters Insurance:

When renting a unit, it is important to remember that the landlord carries insurance only on the building. Anything inside the building is up to you to get insured.

Renters insurance will cover your losses due to natural disasters. These can include hail, fire, strong winds, or lightening. Floods and earthquakes are not typically covered with renters insurance, so be sure to check with your agent.

Renters insurance also helps when unexpected scenarios happen such as smoke from a neighbor's fire, water pipes breaking, a riot, or the hot water heater exploding. These scenarios are not pleasant, but having renters insurance makes it easier to deal with. If someone breaks in to your home or vandalizes it, renters insurance will cover the damage.

Renters insurance will also cover expenses you may have in the event you are unable to stay in your home due to the residence being repaired or rebuilt. The insurance policy may limit the amount of coverage for this, so be sure to check with your agent when purchasing renters insurance.

Renters insurance will also help protect you from liability. For example, if your tub overflows and seeps through the flooring into the unit below, the insurance will cover the expense to repair the damage. If damage to another residence occurs due to an accident or negligence from you, renters insurance will cover the costs. Renters insurance will also help protect you if something happens in your residence. For example, if someone falls and needs stitches, your renters insurance will cover the treatment costs.

Renters insurance usually does not cost a lot. Choosing a low coverage amount and a high deductible usually will get you a rate that is low. It is also common to get discounts on renters insurance if you get it from the same place you get your auto insurance. Renters insurance can range any where from $5 to $40 per month depending on the coverage and the deductible.

Always check with your agent on specific coverage because each policy may vary between companies and states. If you feel as though your personal property is not worth having insurance, the value of having the liability coverage is worth it. You never know when something may happen.

Owner/Manager Resources

Account Login
List Your Property
Find a Spokane property manager
Property Management Software
Tenant Screening Software

Renter Resources

Set up my FREE account Site Map
Spokane Renter's Insurance
Spokane Moving Companies
Spokane Storage Unit Rentals

Find Your Rental Free

Spokane Housing Rentals
Spokane Commercial Rentals
Spokane Vacation Rentals
Spokane Retirement Rentals
Spokane Property Management Companies

Spokane Rentals is proud to provide rental listings for Spokane Washington and the surrounding communities as an Empty Rentals LLC. website.