The Facts About Renters Insurance

If you want the added security of protecting your belongings in the event they're damaged or stolen, renters’ insurance is a must. Find out more about how The Tusk Agency LLC can help you get an excellent Alabama renters insurance policy.

Is Renters Insurance Required?

The exciting thing about renters’ insurance is that it's not necessarily a requirement in terms of state or federal law. No federal law (and no law in Alabama) says you're required to carry renters’ insurance to rent a home or apartment. That being said, it's common practice for landlords to require renters’ insurance.

If you're planning on moving into a new home or apartment in Alabama, check with your landlord about insurance requirements. If you're required to have renters’ insurance, you'll need to choose a policy and provide your landlord with proof of valid insurance.

What Is Renters Insurance For?

Since you don't own the home or apartment you're living in, you may be wondering why you must carry insurance. Renters' insurance doesn't cover the actual structure you're living in; instead, it covers your belongings within that structure. If your belongings are stolen or damaged in a fire or another covered peril, you can get reimbursed for your losses. This is why it's a good idea to have an Alabama renter’s insurance policy even if your landlord doesn't require insurance. A small monthly premium can cover expensive belongings like clothing, electronics, and more.

Find a Renters Insurance Policy

Nothing beats the secure feeling of having insurance to protect your personal belongings, especially if your landlord or maintenance workers occasionally come and go from your apartment. Contact The Tusk Agency LLC to get a quote today if you need an Alabama renter’s insurance policy.