Mandatory Texas Renters Insurance?
Mandatory Renters Insurance?
Texas Auto Home Insurance can in most cases assist by providing Renters Insurance in the amount 25,000 for contents and 300,000 in personal liability for about $98.00 a year. Click here for a quote.
Texas Renters Insurance has always been a selective coverage for those who were conscientious about their belongings and felt a responsibility to protect their assets against litigation. The Texas HOB-T policy does exactly that. It protects your personal contents if you are a tenant. If you are a landlord, it provides personal liability insurance against lawsuits arising out of the tenants leasing of an occupied premises.
Texas Auto Home Insurance believes a noticeable change may be on the horizon for the hundreds of thousands of Texans who lease houses and apartments over this vast state of Texas. Texas landlords are becoming more aware of the peril that faces them when tenants are sued as negligent for acts causing injury to 3rd parties who happen to be on premises owned by the landlord and leased by the tenant.
While it is true that most leases held by Texas landlords contain disclaimers intended to protect the landlord against any negligence on the part of the tenant, these may soon prove insufficient to fully protect landlords from liability. Recent cases have proved many of these clauses have been penetrable. Landlords have had to go to extreme personal expense to hire lawyers to defend them against unfounded allegations of negligence.
Texas Auto Home Insurance has become aware of recent changes in many lease agreements now being proposed by landlords that are requiring mandatory renters insurance. This mandatory renters insurance includes personal liability coverage protecting the landlord on a primary basis against negligence of a tenant.
On the front end this may seem a bit overbearing on the part of the landlord, but actually it is normally more beneficial to the tenant than the landlord. Most tenants do not realize the exposure they face without renters insurance. In a multi-family dwelling, perils such as fire, storm, vandalism, malicious mischief, theft, and damage from faulty plumbing and heating systems can all but destroy a family’s belongings. If your landlord is requiring you to invest in renters insurance, it is to protect you from such loss and to ensure peace of mind for both you and your family and the management of the property.
Texas Auto Home Insurance is a statewide multi-line property and casualty insurance source that reaches out to every major city, mid-sized community, and small town in Texas. We have excellent rates on all lines of insurance, including motorcycle, boat/ATV, commercial vehicle insurance, commercial property and general liability insurance for businesses and contractors, car insurance, mobile home insurance, renters insurance, and. Click here to see if you qualify for any possible renters insurance discounts in Houston, TX, Austin, Texas, Dallas, TX, Fort Worth, Texas, San Antonio, TX, North El Paso, TX, Harlingen, Texas. Laredo, Tx, Waco, Texas, Amarillo, TX, Plano, Texas, The Woodlands, Texas, Galveston, Tx, Austin, Texas, and Brazosport, Texas.
You can also call 1-866-663-5262 toll free and speak with an agent familiar with your city or region of Texas with any questions you may have about your current insurance policy or special coverage options you may need for your personal vehicle, home, or commercial coverage.
