In a previous post, we covered the basics of renters insurance, from what renters insurance is to what it covers. But is renters insurance mandatory in Texas? In today’s post, we answer this question and then some.
What Is Renters Insurance?
Simply put, renters insurance is an insurance policy that covers your belongings when you live in a rented home, apartment or condo.
Some of the incidents covered by a renters insurance policy include:
- Fire
- Smoke
- Lightning
- Vandalism
- Theft
- Explosion
- Windstorm
- Some types of water damage
To learn more about renters insurance, make sure to check out our previous post, “Renters Insurance, 4 Things You Need to Know.”
Is Renters Insurance Mandatory in Texas?
The short answer is no, Texas law doesn’t mandate you to have renters insurance.
However, you will find that many landlords usually ask you to have renters insurance as a condition for signing the lease.
This is within the rights of any landlord. Plus having renters insurance is always a good idea because even if your landlord has insurance, their policy covers only the structure of the building, not your belongings.
Your typical renters insurance policy offers three types of protection:
- Coverage for your personal belongings.
- Liability protection. In case you or a member of your family is responsible for injuries to someone else or damage to their property.
- Additional living expenses. In case you have to live somewhere else because the place you rent becomes uninhabitable due to a covered accident.
Remember that while renters insurance shields you against many risks, most policies exclude certain natural events such as floods, which are common in Texas.
The good news is that you can get separate policies to get protection against floods, earthquakes, and many other risks faced by people living in Texas.
To learn more about renters insurance and the many ways you can customize your policy, contact the experts at BZ Bee Insurance. We’ll be happy to help you build a policy that works for you!
Need Renters Insurance in Houston, Texas? Contact BZ Bee!
Whether you need insurance for your car, your home, or your business, the experts at BZ Bee insurance are here to offer the dependable assistance you need.
We are located in Houston, Texas, and serve clients all over the Lone Star state. To get a free quote, just contact us by email (ayalamariaeugenia@yahoo.com) or telephone (832-729-8114), or fill out the contact form on this website.
