Renters Insurance

McGonigle Insurance Offers Renters Insurance To Protect You Against Losses

If you rent an apartment, condominium, or home, you may feel you can omit the cost of insurance coverage from your budget. However, you probably own much more than you think you do. The loss of these items due to an unexpected event could cost you a significant amount in replacement costs. Renters insurance can help to prevent financial loss from unforeseen circumstances. At McGonigle Insurance in New Mexico, we can answer your questions about renters insurance and how it can help you guard against financial loss.

Who Needs Renters Insurance?

Many renters believe that the insurance their landlord carries on their building also covers their belonging when they rent the property. However, this is not the case. If an incident such as a fire, theft, or vandalism should occur that involves your belongings, it is not covered. As a result, you may be exposed to financial loss. Although you may not think your belongings add up to a great deal of money, replacing items such as clothing, electronics, artwork, or jewelry could add up to many thousands of dollars. Renters insurance provides coverage for these items so that you do not have to cover the full cost of replacing items on your own.

Protecting Your Financial Interests While You Rent

Renters insurance is very affordable and provides protection from financial loss, not only for your property but also for other situations. If a visitor is injured while on your property, your insurance can also cover medical expenses. If your dog should bite someone who is visiting, it can be covered by insurance. And if your rental property is unlivable, due to damage from fire, smoke, or acts of vandalism, it can pay for somewhere to live while the property is being restored. This coverage makes renters insurance well worth the minor expense.

Choose McGonigle Insurance For Help With Your Renters Insurance

McGonigle Insurance is a family-owned and operated business with many years of experience helping residents of New Mexico and Texas find the policies they need to protect their finances. We offer a wide range of insurance products and can help you determine the right insurance for your home and business. Call McGonigle Insurance in Las Cruces, NM for a free, no-obligation quote on renters insurance for your needs.