Skip to Content
chevron-left chevron-right chevron-up chevron-right chevron-left arrow-back star phone quote checkbox-checked search wrench info shield play connection mobile coin-dollar spoon-knife ticket pushpin location gift fire feed bubbles home heart calendar price-tag credit-card clock envelop facebook instagram twitter youtube pinterest yelp google reddit linkedin envelope bbb pinterest homeadvisor angies

Anchor Insurance Safeguards Renters

A large portion of the population rents homes in the form of apartments, condos, townhouses, or other residences. While the property management company or landlord likely has insurance to cover losses to the structure, it will not cover damages to the contents inside. However, there is a lifeline for renters. Anchor Insurance offers renters insurance to clients throughout the country. Our agents will help you find a policy that fits your needs and protects you in the event of a natural disaster, theft, or vandalism. Call us today to learn more.

Couple renting new home

What Is Renters Insurance?

Renters insurance is recommended for anyone renting a home from a property management company or landlord. While it is not legally required, it will protect your possessions in the event of any unforeseen circumstances. If a natural disaster causes damage to the home, which then ruins your electronics or furniture, renters insurance may cover your replacement costs. It is also beneficial in the event of burst pipes, theft, vandalism, and a range of other circumstances. Anchor Insurance will help you determine a coverage amount that is reasonable for your situation. We will consider the value of your belongings to make a suggestion regarding the scope of your renters insurance. You will then have the option of receiving “actual cash value” coverage or replacement cost coverage for your possessions. In some instances, renters insurance will also cover injury-related costs, legal fees, and compensation for alternate living arrangements.

Agent with couple shaking hands closing a deal

We Will Help You Determine How Much Insurance You Need

The experts at Anchor Insurance have extensive industry experience and are happy to explain the details associated with renters insurance. We want you to obtain a policy that meets your needs at a reasonable rate. Among the types of coverage you will need to consider during the process are:

  • Personal Property – Renters insurance policies typically require a minimum of $2,500 worth of coverage, but you may need more depending on the value of your possessions.
  • Liability – This portion of your plan will protect you if a guest is injured at your home. You may choose up to $100,000 or more in coverage for legal claims and liability defense.
  • Additional Riders – You should consider additional riders for collectibles, jewelry, and other high-value items.

Renters Insurance Protects You From Several Disasters

The cost and scope of your renter’s insurance may depend on the likelihood of certain disasters occurring. Our agents have a local presence with the backing of a nationwide network, so we can help with almost any scenario. Depending on the coverage you choose, renters insurance will protect you against some or all of the following:

  • Fire damage
  • Flooding
  • Theft
  • Broken electronics

We Will Help Keep You Financially Afloat