Renters Insurance is one of the most underutilized insurance options available. The two most cited reasons renters do not take advantage of this protection are:

  • My landlord’s insurance will cover everything.
  • I can’t afford it.


Wrong on both counts. Your landlord’s policy covers your landlord’s property – not yours. But for a few extra dollars a month you can take out a Renters Insurance Policy that will cover your personal property and more.

It only takes one burglary or one accident to lose everything. Protect your assets. Liveoak Agency, Inc. can find the best policy for your specific situation at a price you can afford.

What Does Rental Insurance Cover?

Personal Property

Renters Insurance covers your personal property against theft or damage. This includes clothing, electronics, furniture – all of your personal belongings.

Liability Coverage

Your renters insurance offers protection against claims for which you are liable. If an accident happens at your residence, your renters policy will help cover:

  • Non-resident medical bills
  • Repairs for any damage caused by you or a resident family member

Additional Living Expenses

The Additional Living Expenses component included in a typical renters insurance policy is a great safety net should your residence be damaged so badly it is temporarily or permanently uninhabitable. Your policy will help pay for hotel bills, restaurant meals, temporary rentals, and any other expenses incurred while your residence is being repaired or rebuilt or until you permanently relocate.

How Much Does Renters Insurance Cost?

As with any insurance policy, the amount of your payout is subject to the limits and deductibles you set up when acquiring your policy. For example, some companies put a monetary cap on the additional living expenses payout, while others enforce a time limit. Make sure you talk with your agent and understand these limitations as you develop your policy.

An expert Liveoak Agency, Inc. agent can give you tips on making a personal property inventory list, explain covered events and full-value coverage, and check on any available discounts.

Call for a free quote