Renters Insurance Oregon City
According to the experts, fewer than 40% of renters have renters insurance. If you don’t have renters insurance in Oregon City, are you underestimating what you are putting at risk? Schmidt Insurance Group can help you understand what renters insurance does to protect your personal belongings.
Schmidt Insurance Group opened its doors in Lake Oswego in 2019 with a goal of making insurance simple, transparent, and affordable and providing exceptional customer service. We are born-and-raised Oregonians who proudly serve the local Portland area as well as the states of Oregon and Washington. We are specially trained in high-net-worth households and can help you find the exact amount of coverage you need.
Why Should You Consider Renters Insurance?
Your landlord’s insurance doesn’t cover your personal belongings.
In general, your landlord’s insurance will cover only damage to the building due to any covered perils, such as fire, wind, hail, or snow. You are solely responsible for everything else.
Renters insurance covers damage to your personal property or the contents of your rented apartment, duplex, condo, or home caused by fire, water damage, theft, or vandalism. This can include furniture, clothing, electronics, appliances, jewelry, art, collectibles, and other household goods.
Replacing everything you own would be expensive.
Many renters think they don’t need renters insurance because they don’t own a lot of stuff. But imagine losing everything you own – furniture, appliances, electronic, clothes – in a fire. It could cost you thousands of dollars to replace it all.
Renters insurance is less costly than you think.
According to those insurance industry experts we mentioned earlier, the average value of possessions in a standard two-room apartment totals $30,000. In comparison, the average price of renters insurance in Oregon is $15 per month. You probably pay more for a pizza!
Renters insurance also covers other things
Renters insurance also covers:
- Liability. Renters insurance provides liability coverage to protect you financially in the event of injuries to a visitor or damage that you, your family members, and even your pets may cause on the property. If, for example, you accidentally left the water running in your 4th-floor apartment when you left for work, renters insurance would pay for any water damage to your neighbors’ personal property.
- Possessions away from home. Renters insurance also covers your belongings while they are away from home; say, for example, the golf clubs in your trunk or the skis you left outside the lodge while you had lunch only to find that they have mysteriously disappeared.
It’s easy to buy and takes little time to apply.
Applying for renters insurance at Schmidt Insurance Group takes just a few simple steps and can typically be done in an afternoon. Why not give yourself the peace of mind?
Some people have no idea renters insurance even exists. If you rent an apartment, condo, house, or even a just a basement room in Oregon City, Schmidt Insurance Group can help you find the coverage you need. Reach out to us at (503) 206-0881 for more information.
