- 402-614-3307
- 402-614-3307
Renting is a great way to provide housing for you and your family without the extra expenses of property insurance, taxes, and maintenance. Renters should, however, consider how renter's insurance could protect their finances. At Insurance Solutions of Omaha, serving Omaha, NE, we strive to provide reliable insurance information so our clients can make good insurance choices. Keep reading to learn more about renter's insurance and how it can help you as a renter in Nebraska.
Renter's insurance is a special insurance policy developed to protect those who rent their homes. While your landlord will provide home insurance to protect the physical property of the house, your personal belongings are not protected under that policy. If the home is lost or damaged because of fire, natural disaster, or burglary, you will be held responsible for repairing or replacing your personal belongings. This could put you and your family at risk of financial vulnerability.
You can speak with an insurance representative concerning how a policy can be customized to meet your specific needs. Still, in general, a renter's insurance policy will cover the following areas.
If you would like to learn more about renter's insurance or any other insurance products, don't hesitate to contact us at Insurance Solutions of Omaha, serving Omaha, NE, and the surrounding areas. We will be happy to answer your questions concerning insurance products in Nebraska.
No, this is one of the most common misconceptions among renters. Your landlord's insurance only protects the building itself, such as the walls, roof, and built-in systems, not anything you own inside your unit. If a fire, theft, or burst pipe damages your furniture or electronics, you'd be responsible for replacing them out of pocket without your own renters policy.
Generally, no. A standard renters policy only covers the named policyholder, so your roommate's belongings and liability typically aren't included unless they're specifically added to your policy. Many insurers actually recommend that unrelated roommates carry separate policies to keep claims history and coverage limits independent.
A good starting point is to take an inventory of your belongings, room by room, to estimate their total replacement value, since most renters underestimate what they actually own. From there, your agent can help you choose a personal property limit that matches your inventory along with a liability limit that fits your lifestyle.
Standard policies typically exclude flooding, earthquakes, and normal wear and tear on your belongings. If you live in an area prone to flooding, you may want to ask your agent about a separate flood policy, and pairing your renters coverage with your auto insurance can also help you find savings.
Begin your quote by clicking on the get started button below.
Fill in the form to help us provide you with the best possible quote.
Our system will evaluate your information and quickly present a quote.
Get to Know Us