Although renter’s insurance is not required in Oklahoma, it is something to consider. Disaster could strike when you least expect it, leaving you in a tough spot. Without a safety net, you could be financially responsible for expensive damages or suffer a loss of personal items. If you have a family, it is even more important to make sure that you have safeguarded your home. If you are unsure as to whether you currently have renter’s insurance, reach out to American Founders Insurance Group Inc in Tulsa, OK. They will be able to look up your account and give you information on your current policies.
If you have never had a renter’s insurance policy in the past, you may not be aware of the many benefits to having one. There are so many unforeseen circumstances where your insurance policy could come in handy. Here are just a few examples of what your policy would cover:
Hotel Costs - If your home needs to be repaired or is deemed uninhabitable, your renter's insurance will cover the cost of additional living expenses. This means that you do not have to feel like a burden on your friends or family and you will likely feel more comfortable in your own space, anyway.
Guests' Medical Expenses - If someone gets injured as a guest in your home, his or her medical expenses will be covered under your plan. Be aware that there is a limit on this amount and you will have to pay out-of-pocket for the difference.
Luggage While Traveling - If your luggage disappears while you are on vacation or if a thief steals your laptop from your car, these items are covered. Your personal belongings are insured under your renter's insurance policy off-premises, but the coverage is likely limited to a percentage of your total coverage.
For more information on renter’s insurance, contact American Founders Insurance Group Inc. The staff of insurance professionals will be able to provide more details all policy options and help you choose the one that's right for you.