Arizona has a population of more than 6 million people. Of those, more than 15 percent are renters. Worse still, less than half of them have renters insurance.
If you live in a rented apartment or home, you might be tempted to think that because your landlord has insured the building, you don't need insurance. Your landlord’s insurance policy covers only the building and not your personal belongings.
A renters insurance covers you for the loss, damage, and theft of your personal belongings. It has a technical name, HO-4 policy, which protects your property against specific perils.
Renters Insurance/H0-4 Policy Covers:
What’s not Covered under Renters Insurance?
Just like with several other policies, there are circumstances whereby your renter insurance policy will not cover your property:
Are you a tenant in Arizona? Get renters insurance today and cover your personal belongings against unexpected losses. Genesis Insurance in Phoenix, AZ has a rating tool where you can find a quote for auto & home insurance. If you need to discuss a policy or get quotes for other types of insurance, you can also call us or visit us at our office in Phoenix, AZ.