Renters Insurance Tualatin, OR
If you rent an apartment, house, or even a just a room in Tualatin, OR, there’s a good chance you could benefit from renters insurance from Schmidt Insurance Group.
Schmidt Insurance Group opened its doors in 2019 with a goal of making insurance easy and affordable while providing exceptional customer service. We proudly serve the local Portland area as well as the entire states of Oregon and Washington.
What is Renters Insurance?
Tenants often believe that everything inside their rented homes or apartments is covered by the landlord’s insurance policy, but this is not the case. The landlord’s policy covers only the building and any furnishings/appliances inside that they may own.
What if someone burglarizes your rented home and steals some of your prized possessions? What if your stuff is damaged or destroyed by smoke from a fire?
Renters insurance protects the personal property (or contents) you keep inside your rented home, apartment, condo, or townhome from loss caused by damage or theft. It provides coverage for clothing, furniture, electronics, appliances, jewelry, art, collectibles, mountain bikes, and other household goods. It also provides coverage if a visitor is injured in your rented home or apartment.
If the unexpected were to happen, would you have the savings to replace everything you own or the funds to cover the legal and medical fees if one of your friends slips in your apartment, breaks a leg, and then decides to sue you? Schmidt Insurance Group can provide you with renters insurance that will have your back!
Does Renters Insurance Cover Dog Bites?
When you have certain breeds of dogs as pets, your renters insurance policy may exclude them from coverage. Although your liability coverage will usually cover instances when your pet bites someone in your home or while on a walk, insurers often exclude breeds such as Pit Bulls, Rottweilers, Akitas, Mastiffs, German Shepherds, and Alaskan Malamutes. You may have to purchase a rider to add coverage for your dog.
What is Not Covered by Renters Insurance?
Unfortunately, there are some things that are NOT covered by renters insurance. If you live in an area prone to flooding or earthquakes, you may have to purchase an additional insurance policy to cover those possibilities. If someone steals stuff from inside your car, your renters insurance policy should cover the loss, but it won’t cover damage to the car itself. Likewise, the renters policy won’t provide coverage if your roommate’s things are damaged, lost, or stolen, unless he or she is related to you by blood, marriage, or adoption.
What If Renters Insurance Costs More Than I Can Afford?
If you think renters insurance is too expensive, there are quite a few ways to reduce the cost:
- Choose a higher deductible
- Lower the policy limits
- Install a fire extinguisher or smoke detectors
- Install deadbolts, window locks, or a security system
- Bundle your insurance policies with a single insurance company
When you rent an apartment, condo, or home, in Tualatin, OR, consider renters insurance from Schmidt Insurance Group to protect your personal belongings. We know our Schmidt and make it easy to get the coverage you need! Reach out to us at (503) 206-0881 for more information.
