The latest census reported that thirty-nine percent of Big D”
housing is provided by rental apartments. However, one recent study
reports that only about a third of U.S. renters have purchased
coverage for their rented homes. If you lack coverage, you can find
affordable Dallas, TX renters insurance from an independent agent.
An independent agent in the Trusted Choice network can assist you
from an office right in your area. These member agents can help you
select the right coverage and compare multiple Dallas renters
insurance quotes. Find an independent agent today for competitive
rate quotes and personal service. Dallas Renters Insurance Costs
and Facts: Value of the average renter's personal property: $20,000
Increased risk of theft for occupants of rented homes: 50% Average
S. rental insurance rates are less than $200 a year Increased risk
of theft in rented homes: 50% Local median apartment rent: $623 a
month Rate of apartment renters in Texas: 14% Rate of apartment
renters in Dallas: 39% Even though rental insurance policies are
usually much cheaper than other types of home policies, your own
rates will be determined by your home ZIP code, coverage amount,
policy options and other factors.
Insurers all have their own rate schedules; this is the reason why
shopping around can be an effective way to save money. Before you
start shopping, take a home inventory so you know how much
insurance to buy. Otherwise, it might be difficult to know the
replacement value of your furniture, jewelry, computers and other
You can even find smart phone and computer applications that can
help you with this task. Can You Find Cheaper Dallas Renters
Insurance? Renters insurance is usually much cheaper than other
types of home polices. This is because a renter does not need to
cover an actual building, just personal belongings.
You might even be able to save more money by looking for rental
policy discounts. Home safety systems: If your rented home does not
already include burglar and fire alarms, see if your landlord would
be interested in installing them. By doing so, landlords may also
be able to save money on their own coverage.
Billing choices: If you agree to pay for six months to a year in
advance, or to set up automatic charges, you may be offered small
discounts. Multi-Policy discounts: Many insurers offer bundling
discounts. For example, you might insure your auto with the same
insurer that offers your renters policy, and thus earn a rate
What Are the Types of Dallas Renters Insurance Coverage? As you
shop around, you may notice that many plans offer similar coverage.
Consider these typical coverage types and policy options: Liability
insurance: A visitor might claim that your actions, negligence or
even your dog caused them an injury or property damage.
This type of insurance can help you pay damages or even defend you.
Personal property: This type of coverage insures the belongings
that you bring into your home. Consider the value of your music
collection, audio system, laptop and furniture. Relocation
assistance: If your home becomes damaged for a covered reason, you
may have to move out quickly.
This relocation assistance can help you find another place to live.
In addition to basic coverage, you may also need to consider
additional insurance to cover excluded hazards. Flood insurance is
one example of tenant coverage for an excluded event. You can speak
with a local agent about what your policy covers and how to
purchase additional insurance.
Who Needs To Purchase Dallas Renters Insurance? Renters insurance
can provide affordable coverage for your belongings. Without it,
you could risk losing your belongings and having to replace them
all out of pocket. If you face a liability lawsuit and don't have
insurance protection, other assets could even be at risk.
Many landlords actually require renters insurance as part of a
lease agreement because these polices can help protect both the
renter and the property owner. How To Find Dallas Renters Insurance
Quotes Finding the best renters policy does not have to be
confusing or time-consuming. A local independent agent in the
Trusted Choice network can help you choose good coverage and
Contact one of these member agents for more information about
Dallas renters insurance prices and plans.