Renting a home, condo or apartment is an affordable and convenient option that many of choose now days. While owning a home certainly has some advantages, it also involves a lot expense and work. Las Vegas, fortunately, has a large availability of apartments, condos and homes available for rent at affordable prices. If you choose to rent your place of residence, please don’t make the mistake of forgetting to purchase affordable Nevada renters insurance.
Think of renters insurance as a homeowner policy that has the dwelling or structure coverage removed. Instead, it provides coverage for your personal belongings, loss of use and personal liability. The coverage forms and verbiage are nearly identical to a homeowners policy. In fact, the technical term for renters insurance is homeowners form 4 or, cleverly abbreviated to HO4.
The best thing about renters insurance is that it is very affordable. You can find a very good renters insurance policy for around $200 per year, depending on the amount of coverage you need and the deductible chosen. When combined with your auto insurance, the price might be even lower. And, you may earn an additional multi-policy credit on your auto insurance.
Almost monthly we hear news stories about apartment complex fires were most of the residents were completely uninsured. Many were surprised to find out their landlord does not provide coverage for the tenant’s property. Given the low price of renters insurance, we think it’s a no-brainer that anyone who rents a home, apartment or condo should consider purchasing this coverage.
When shopping for nevada renters insurance, we hope you’ll consider Safeguard Insurance. Our agents and customer service staff have decades of experience providing for the insurance needs of renters. We are licensed in Nevada, Arizona, Utah and California. Contact us today or visit our renters insurance page for an instant quote!