Looking for effective Houston, TX apartment building insurance? Look no further than Texas Insurance Agency! We are an independent insurance company dedicated to finding businesses the right coverage.
We operate our business with the highest level of professionalism, honesty, and integrity. And unlike some companies, we prioritize customer service above all. We can get you the best coverage on your personal property for a price that suits your budget.
Texas Insurance Agency’s well-trained, experienced staff are dedicated to providing you with excellent service. We serve our local communities in Houston, TX in providing your business and property with the insurance it needs.
A lot can go wrong when renting your building to tenants, so we want to make sure you get the Houston, TX apartment building insurance coverage you need. So don’t hesitate to call us today for a quote or drop by our office location in north Houston.
The Best Houston, TX Apartment Building Insurance
Texas Insurance Agency provides a wide variety of commercial and personal insurance to our clients. From general liability insurance to property coverage and beyond, we can help protect your assets from unforeseen accidents and events. There are many things that can go wrong with renting a property; buying insurance will ensure that you don’t have to pay out-of-pocket for expenses that could prove a financial burden on you and your loved ones.
Fortunately, Texas Insurance Agency is here to help. When employees or people on your property get injured or sick and they file a claim, you will wish to be protected from the bulk of the damage. Most people not only fail to see the need for these kinds of insurance, but they also believe that most insurance is too expensive. However, there are always several pricing options available for every budget, and Texa Insurance Agency can help you find a plan that is best for you.
We offer tons of personal insurance options that can help protect your private property, including homeowners’ insurance, renters’ insurance, flood insurance, auto insurance, and general personal umbrella insurance (PUI). For more information about our services, including apartment building insurance, call us today.
When you rent an apartment for the first time, it can feel a lot like home, even if it’s temporary. However, like home, things can go wrong. Break-ins and guest injuries are usual perils, but things like property damage and damage from natural disasters can occur as well. If you have ever been in these types of situations, then getting coverage is highly recommended.
There are three types of coverage: Personal property, personal or renters’ liability, and additional living expenses. These can all save you a great deal of money should property damage, guest injuries, and thievery occur.
Personal property insurance, of course, covers any damage to personal property or loss of that property due to theft or natural disasters. However, not all types of damages are covered. For instance, damage to property due to earthquakes and floods are typically not covered. Property encompasses things like:
- Appliances and equipment not provided by the landlord
- Home goods (bedding or towels)
- Most sports and hobby equipment.
Other belongings may be excluded from the policy if their value is too high. These include items such as collectibles, jewelry, or specialized computers.
Some policies give you the option to receive money for the loss of your possessions or simply money to replace those stolen items. These are called “actual cash value” and “replacement cost” coverage. Actual cash value coverage will compensate you based on the current market value of your belongings, taking depreciation into account. Replacement cost coverage will compensate you the amount it’ll take to replace your lost or stolen items with new ones.
Renters’ liability helps cover any costs associated with lawsuits or damages originating on the rental property. These damages can include injuries from pets, accidental injuries, or accidental damage to someone else’s property. With renters’ liability, you’ll be able to shoulder the costs of hiring a lawyer or paying for the damages done to the plaintiff.
Finally, additional living expenses coverage serves to cover the costs for additional lodging should your rented apartment burn down. These include staying at a hotel, food, and other living expenses.
If you’re looking to rent out an apartment unit, then you may consider buying renters’ insurance. However, note that there are some kinds of damages not covered by renters’ insurance.
Apart from earthquakes and flooding, damages from bed bugs and pests are not covered. Nor will car damage or theft be covered under this policy; you will have to get your own personal auto insurance policy instead. Also, renters’ insurance will cover only your property damage; if you have a roommate, that won’t extend to that roommate’s property.
No matter what insurance policy is right for you, Texas Insurance Agency can help. Call us today to learn more about apartment building insurance and for more details on the type of damages covered by different policies.
Trust Texas Insurance Agency Today
Life, as they say, happens. One minute you may have your life together and the next disaster strikes. Your property can be damage or you may be liable for another’s injury or illness while on the property. Getting apartment building insurance is key to safeguarding your finances and your person from potential legal liability.
Renting an apartment especially has its perils, but you can still protect your property and finances. Moreover, should you find your rented apartment completely unlivable due to circumstances beyond your control, most insurance policies will offer additional living expenses coverage so that you can live elsewhere.
Texas Insurance Agency is committed to providing you with the insurance policy that is right for you, your property, and your business. We take it as a point of pride that we don’t work for insurance companies; we work for you. So call us today for the Houston, TX apartment building insurance policy you can rely on.
Fun Facts About Houston, TX:
- It is the fourth most populous city in the U.S.
- At least 145 languages are spoken in Houston.
- Residents in Houston eat out more than residents in any other U.S. city.