How to Buy Renters Insurance

If you rent your home or live in the dorms, you need renters insurance. Renters insurance replaces your personal property if it’s damaged by fire, burglary, and other events, offering financial peace of mind for those who aren’t covered by homeowners policies. At Perry Insurance Agency in Vernal, UT, we can walk you through the process step-by-step so you can make the proper selection for your unique situation. 

Step-by-Step Checklist for Securing Renters Insurance

  1. Research renters insurance so you understand this type of policy’s general intention and function. Knowing how renters insurance works will help you collect the most useful information and make the most educated decisions. 
  2. Find out what is and isn’t covered under the property owner’s policy. If possible, contact the property owner and request a copy of the policy or face sheet to understand better where gaps might exist. 
  3. Create an inventory of your personal property. The inventory should include the item’s name, any model or serial number (if applicable), its value, and, if possible, a photo of the item. Once your inventory is completed, you can determine the value of your personal property. 
  4. Request a quote. If you receive more than one quote, ensure you understand how the coverage varies from one policy to the next.

Once you’ve decided which policy makes the most sense for you, you can work with your insurance agent to get the policy in force. Then, you can rest assured that you have the coverage you need as a renter.

To learn more about renters insurance or get started today, contact us at Perry Insurance Agency in Vernal, UT