Category: Renters Insurance

If you and your family are renting space for the first time, familiarize yourself with some renters’ insurance tips. Then, contact one of our Grove Insurance Agency representatives for assistance with preparing your family’s personal renters’ insurance documents.

Renters’ Insurance

Renters’ insurance provides protection for tenants while they are occupying a rental space. Some property owners may require that their tenants carry renters’ insurance. If so, they will specify this fact when they advertise a rental.

If renters’ insurance isn’t mandated, it is still a good idea to consider purchasing it.

Theft and Damage

Most renters’ insurance policies cover theft and damage. This type of coverage will pay for the replacement or repair of anything damaged while a tenant was occupying a rental space.

The tenant must specify which of their belongings they would like to add to their renters’ insurance policy. Only the listed items will be covered by an existing policy.

If a tenant sells or purchases new items in the future, they should plan on updating their existing insurance policy.

Liability

Liability insurance protects a tenant from lawsuits. If someone is injured, and it is the tenant’s fault, the coverage will prevent the tenant from incurring a lot of legal expenses.

Add-Ons

Many add-on products are beneficial to renters. These add-ons will provide a distinct type of coverage. It is a good idea to research all the add-on insurance products that are offered. Then, you can make an educated decision about them.

Contact Our Team!

If you would like to purchase renters’ insurance, consult with one of our agents who serves Brownsburg, IN. The agent will prepare your policy.

Renting a home can be a great option for housing. When you are in the Brownsburg, IN area, there are a lot of great places to rent a home that are located in good areas with plenty of local amenities. While you will enjoy the benefits that come with renting, you do need to get insurance and maintain it at all times. There are a lot of reasons why it is a good idea to have renter’s insurance when you are here. 

Insurance is often a Lease Requirement

One of the reasons people will want to always have a renter’s insurance plan is because it is often a lease requirement. If you choose to rent a home when you are in this part of Indiana, you will want to ensure you comply with all lease requirements. Generally, a property owner and lessor will require you to carry a certain type of renter’s insurance through the term of the loan.

Receive Protection through Coverage

Having renter’s insurance is also a good idea because you will receive the protections it provides. A quality renter’s insurance policy offers various forms of support and coverage. This includes protection for personal assets and various types of liability coverage. This can ensure you have support in some other challenging situations. 

Consult With Us

If you are going to rent a home when you are in the Brownsburg, IN area, you will want to ensure that you are carrying the right type of insurance. If you are looking for a renter’s insurance plan here, you can call our team at the Grove Insurance Agency to begin the process. Our team with the Grove Insurance Agency knows the value of this coverage and will offer the help you need to build a new plan. 

Are you an Indiana resident looking for the best deal on renter’s insurance? The insurance professionals at Grove Insurance Agency in Brownsburg, IN can help!

What Does Rental Insurance Cover?

Rental insurance typically covers the following:

1. Liability coverage in case someone is injured on your property
2. Damage to the rental unit itself from a covered event, like a fire
3. Theft of your personal belongings from the rental unit
4. Additional living expenses if you temporarily relocate because of damage to your rental unit.

You may be able to find some or all of this coverage under a homeowners or renters policy, depending on what caused the damage and whether you’re renting out part or all of your home.

Who Needs Rental Insurance?

Rental insurance is a good idea for anyone who owns rental property. It can help protect you from liability if someone is injured on your property or damage to the rental unit itself.

It can also cover the theft of your personal belongings and additional living expenses if you relocate temporarily.

Where Can You Get Rental Insurance in Indiana?

Compare rates and coverage options by contacting Grove Insurance Agency, serving the Brownsburg, IN community directly. Our licensed and experienced rental insurance agents can help you find the best deal on your rental insurance.

Grove Insurance Agency is here to help newly independent people with all of their renter’s insurance needs. If you are getting ready to move into a rental in the Brownsburg, IN area, give us a call today. We are here to help!

Why renter’s insurance is so important

Renting the first apartment is a very exciting milestone to reach. It is also an event that comes with some responsibility. It’s not easy to get settled into a new home, but knowing that you have the protection you need can make the process a bit less stressful. If you are setting up your first household as a renter, there are a number of different reasons why renter’s insurance is a must-have:

• Setting up a home takes a lot of time, energy, and money. Imagine how devastating it would be to have everything in place only to have it destroyed, stolen, or damaged!
• The right renter’s policy can protect some items, even when they are damaged, lost, or stolen outside of the policyholder’s home.
• The landlord’s insurance will likely only cover the building structure and any common areas, not the tenant’s living space or personal belongings. 

Don’t forget to add renter’s insurance to your to-do list when getting ready to move into your first apartment. If any loss occurs due to a covered event, you will be glad to have this important insurance in place! 

You can rely on us for all of your insurance needs

Renters in the greater Brownsburg, IN area turn to Grove Insurance Agency for help with their insurance needs. If you have questions about renter’s insurance and which policy is right for you, we are here to help. Give us a call or stop by today!

Many landlords now require proof of renters insurance before they’ll hand over the keys to the unit; however, even beyond that, ask yourself if you could afford to replace all of your belongings from furniture to clothes to electronics if your rental unit was damaged in a fire, vandalized, or any number of other covered incidents. 

Don’t Count on your Landlord.

Just because your landlord carries insurance on the condo, apartment, or home, you are renting does not mean that the coverage extends to your belongings or protects you from liability during an accident. The only way to ensure that you are not on the hook for replacing all your valuables in a disaster or from being sued due to a third party being injured on-premise is by having insurance coverage.

It Pays for Housing in a Disaster

Let’s say that your apartment is damaged due to a fire and will remain inhospitable for one month while repairs are done. If you do not have renters insurance in a situation like this, you’ll be on the hook to pay for housing while you are displaced.

It Covers You While on Vacation

Many people opt not to have renters insurance because they travel frequently for work or leisure and assume that coverage only applies when living at their rental; however, renters insurance protects you even if disaster strikes while you are gone.

You Own More than You Think

We’re not saying that you’re a hoarder, but most people own more than they think, and those costs can quickly escalate. Having renters insurance means that all your belongings, from shoes to a laptop, are covered.

At Grove Insurance Agency in Brownsburg, IN, we specialize in renters insurance. Give the team at Grove Insurance Agency a call to learn how to offer you peace of mind.