Need Renters Insurance in Dallas, TX?
Tatum Insurance LLC is an independent insurance agency that offers renters insurance services in Dallas, Texas. Our team of professionals will explain the complexities of insurance in simple terms, helping you make smart choices.
We offer unbiased free advice because we represent various insurance companies. Our experienced team will help you identify competitive prices in the market. We make the buying process easy and clarify any unclear areas. Tatum Insurance LLC provides you with peace of mind by helping you find the best coverage for your property. Our agency maintains best practices to ensure that you get the right coverage.
Why You Need Renters Insurance In Dallas
As a renter, you need renters insurance to protect your personal properties. Renters insurance kicks in when you lose or damage your personal belongings. Your property can be damaged or lost as a result of:
- plumbing leaks
- Falling Objects
When you lose your property or if it is damaged, a renters insurance policy will reimburse you for your loss. Your renters insurance covers personal belongings such as:
- Art Works
- Laptop/Desktop Computer
- Gym Equipment
Basic renters insurance policy will only provide coverage for items which are listed in your policy.
What Renters Insurance Covers
For tenants living in rented units, they are responsible for their personal belongings in case of damage or loss. There is a misconception that the landlord’s insurance coverage for the structure protects the tenants belongings too.
This is not true. For a tenant’s belongings to be protected, the tenant needs a renters insurance policy. Renters insurance has the following types of coverage:
- Personal Property Damage
- Liability Coverage
- Additional Living Expenses
- Personal property coverage
- Personal property coverage is a form of insurance that protects items in your home. If they are destroyed or stolen, the personal property coverage could help you replace them.
However, this cover does not take care of everything in your possession. Items like cars and motorized vehicles are not included under this policy. Additionally, anything owned by the landlord or visitors do not get coverage under a renters insurance policy.
If a guest in your apartment falls and fractures a finger, liability coverage will pay for the victim’s medical bill up to your policy’s set limit. It should be noted that this policy pays for medical bills for other people and not you.
If you are unfortunately sued by the victim for sustained injuries, this cover will also pay for your defense in a court of law.
Additional Living Expenses (ALE)
Additional living expenses (ALE) coverage takes care of the extra cost when your house becomes uninhabitable due to a covered peril. For instance, when your next door neighbor leaves a tap in the bathroom running overnight, and your expensive sofa is damaged by the water.
You may have to find temporary accommodation before you can buy new furniture. ALE pays for the extra cost on top of what you would usually pay for things such as:
- Meals in Restaurants
- Extra Car Mileage
Our Office In Dallas, Texas
The Tatum Insurance main office is located in Dallas, Texas. We are here to educate members of the Dallas community about the benefits of renters insurance. Our insurance experts will help you in selecting the right policy and adequate coverage for your belongings. We offer free advice on renters insurance so that you can make smart choices.