Renters Insurance in Austin, TX | Bound Insurance | 512-454-7799

Video Transcript
Hi, I'm Lucas with bound insurance and I wanted to talk to you about renters insurance.
It's almost like a home policy but without the dwelling coverage , and when I say dwelling I mean walls and roofs, because when you're a renter you are worried about your items, your liability. Personal property coverage is what will cover your furniture and clothing.
Now the other important part to the policy is going to be the liability, this covers what damage you do to others or if someone is trying to sue you, this is also why a lot of apartment complexes want you to have insurance, or your land lord might ask you to have renters insurance.
Another way liability might cover you and this kind of ties together with medical payments to others or nonresidents is, say you have a guest that trips and falls and injures themselves, the medical payment to others will pay up to $1 000 or higher if you have higher limits.
Just like home owners policy, renters is going to cover personal property, jewelry, furs, fire arms, things like that you want to list individually. These are called scheduled items and its always a good idea to have those laid out that way you don't have a deductible you apply to it. You can take an inventory of all your personal property this will help the claim process go faster anything from writing a list down, or everyone now has a smart phone, just take a quick video of the house, and this will help out a lot in the claims process.

If you have questions about renters insurance or you would like a quote, contact me Lucas at Bound insurance.