If you are currently renting out a home or apartment in the state of Arizona, you should be aware of the value insurance can bring you when it comes to keeping your belongings protected. We can help you cover all unexpected events with various insurance policies here at Canyon State Insurance. Our policies offered are ones that your landlord’s policy may not cover, including water backup damage, theft, and natural disasters.
Renters insurance is not legally required in Arizona. However, your landlord may require you to purchase insurance. If a landlord makes this requirement, you must purchase a policy in order to rent from him or her. Regardless, it is always a good idea to obtain insurance coverage whether your landlord requires it or not, since the insurance they have cannot cover you if something happens to your personal property.
Renters insurance will keep your belongings protected, including computers, electronics, TVs, furniture, clothing, and much more. Things that are covered include both inside and outside of your home, condo, or apartment.
Liability is a form of protection you can choose to obtain for renters’ insurance. Liability would protect you if someone were to injure themselves while visiting your home or there is property damage. Renters insurance may also cover your legal fees and medical costs. You could even add pet medical insurance to ensure your pet stays protected.
If you need a temporary place to live in due to damage to your home, loss of use will cover you and provide payments for additional living expenses when you are unable to live in your home. This coverage will kick in up to 24 months.
Additionally, you may opt-in for inflation coverage. Inflation coverage will ensure you remain protected at the same levels for years to come, even as the cost of living rises.
If you reside in Arizona and need renters’ insurance, please visit our Canyon State Insurance office today.
