817-485-5050 info@schwabagency.com

Renter's Insurance Colleyville TX

Protect your personal property with renter’s insurance!

You may think that renting a home or apartment frees you from having to pay for homeowners insurance, but that may not be the case. It’s a common misconception that you don’t need renter’s insurance. But it’s good to have! In the event of an accident, renter’s insurance protects your belongings. These Q&As about renter’s insurance will help you determine whether or not you need it.

Q: Why do I need renter’s insurance? My landlord already has homeowners insurance.

A: While your landlord may already have homeowners insurance, it likely only covers the structure. Investing in renter’s insurance ensures that your personal property will be accounted for in the event of an accident.

Q: Are there affordable options?

A: The average renter’s insurance policy is affordable! Generally, policies range about $30 per month. In the event of an accident, damages possessions could add up to thousands of dollars.

Q: How much renter’s insurance do I need?

A: It depends on various factors such as risk, and the size of the property.

Q: What’s covered under renter’s insurance?

A: It depends on your specific policies, but it generally covers your property, liability and personal legal responsibilities, and relocation costs if your rental property is temporarily unavailable.

Investing in rental insurance is a great investment in protecting your personal property! Just know that premiums may be higher depending on various aspects of life, like owning a certain breed of dogs. Also separate policies are needed to cover flood and earthquakes as they aren’t usually included in any homeowners insurance policy.

Need help purchasing renter’s insurance? Have the professionals at The Schwab Agency assist you! Located in Colleyville, Texas, The Schwab Agency serves all your insurance needs. Contact us for more information!


The Schwab Agency

The Schwab Agency, LLC has over 20 years of experience within the insurance industry in our community and our goal is to bring you unparalleled service and dedication. Since the majority of our business is through long-lasting relationships with our clients, fulfilling your needs is of the highest priority.

COVID-19 Update:

Due to new increasing cases of Covid-19 our office will be closed to the general public until further notice. Our team will still be working full-time in the office and here to assist with all your insurance needs. Please contact us via phone at (817) 485-5050 or email: info@schwabagency.com.

We hope everyone is doing their part to protect themselves and their loved ones during these hard times, and thank everyone for understanding our decision to do our part to help protect our staff and those in our community.

Tim Schwab.
President and Managing Partner