Renters Insurance in Glen Allen, Virginia
If you rent a home or apartment, having renters insurance is essential. The right policy can reduce out-of-pocket costs after an accident. Selecting coverage can be complicated, but Mequell Green Insurance Agency is here to help.
How Renters Insurance Works
Renters insurance works like most insurance policies. In exchange for an insurance premium usually paid monthly or annually, your insurer will give you financial assistance following a covered incident. Depending on your coverage, you may have to pay a deductible, an expense you must cover following an approved claim before insurance helps you.
What Renters Insurance Covers
Renters insurance varies among policyholders. However, typical coverage often includes the following primary options:
- Personal property coverage
- Liability coverage
- Additional living expenses
Theft protection may be included in personal property coverage, but it generally varies among policies. The agents at Mequell Green Insurance Agency can help you learn more about potential ways to customize your policy.
How Much Renters Insurance Do I Need?
Renters insurance is generally not mandatory, but some landlords and homeowners associations may require it. When purchasing renters insurance, it is essential to get a policy that covers the total replacement value of your belongings kept inside the place you are renting. Accidents may be financially challenging to recover from without renters insurance. Third-party injury and liability renters insurance can provide financial protection from injuries that occur on your rental property.
How Do I Get Covered?
If you are a tenant near Glen Allen, Virginia, the experienced agents at Mequell Green Insurance Agency can help you learn about renters insurance to assist you in selecting a policy that works for your unique situation.
Contact our agency today at 804-672-7222 to request a quote on a policy.