If you are selling your home and looking to buy another, you may need to rent temporary housing for the gap between when your old home sells and when you close on the purchase of your new home. Work with your agent at Insurance Source Solutions serving Oklahoma to make sure you have renters insurance coverage for your personal property when staying in a rental place.
Have your agent prepare coverage for your renters insurance needs and make it part of your plans to cover your things in transit or in storage.
Why Renters Insurance?
The landlord’s insurance covers the rental home. Renters insurance that you get covers your personal property and may also offer some liability risk protection. Ask your agent to explain the details.
Expensive Things
If you happen to have expensive items, you will want to make a detailed list of your personal property and submit this inventory list to the insurance underwriter to make sure you have adequate insurance coverage.
Consider specifying and itemization for things like electronics, home theater systems, artwork, silverware, jewelry, and other expensive items.
Liability Protection
Renters insurance may help if a guest has an accident while visiting. Ask your agent to explain the details.
Avoid Gaps in Coverage
Ask your agent to put renters insurance in effect for the time when you rent a place, and be sure the coverage starts before you move in.
Canceling Renters Insurance
Allow plenty of time when in transition to cover your things in the rental unit and let them all be moved into your new house before canceling your renters insurance coverage. Have home insurance coverage on the new place before you move in.
Consult with your agent at Insurance Source Solutions serving Oklahoma for all your renters insurance needs.
