It is important to have renters insurance if you rent your home, and if you are looking for coverage in Knoxville and beyond, The Mike Dyer Agency is the place to come. To learn more, call us at 865-966-2111 or request your free renters insurance quote now. 

What Is Renters Insurance? 

You can’t assume your landlord’s insurance will cover you when something goes wrong in your rental home. Instead, renters insurance can protect you if covered perils (e.g., fires, theft and vandalism) damage your belongings. Policies can also provide liability protection if you face a lawsuit because you or your family members caused property damage or bodily injuries to others. Renters coverage may ultimately help you reduce the financial strain that often accompanies unexpected problems arising in your home. 

What Does Renters Insurance Cover? 

Renters insurance typically offers three types of coverage: 

• Personal property—If a covered peril damages your personal belongings, personal property coverage can help repair or replace them. You may be able to insure clothing, furniture, electronics and other items under this coverage.

• Additional living expenses (ALE)—ALE coverage can pay various costs that arise if a covered peril makes your home uninhabitable. Coverage may pay for hotels, dining bills, storage unit costs and more.

• Liability—Liability coverage can pay if you cause injuries or property damage to someone else, like a neighbor. This coverage may cover the costs of defending you in court, up to the limit of your policy.

There are many ways you may be able to adapt your renters policy to meet your specific needs. However, keep in mind that your policy may exclude or limit coverage for certain losses. Speak to your Mike Dyer agent to learn how you can further personalize your policy. 

How Much Does Renters Insurance Cost? 

Numerous factors, such as the coverage limits you choose and the location of your home, may influence the cost of your renters insurance. Ask your agent for more information on the price of your policy. 

Ready to Get Renters Insurance? 

The Mike Dyer Agency is ready to help you get renters insurance. For friendly services provided by professionals, call us at 865-966-2111 or request your now.