Serving renters in Oklahoma City, FM Insurance helps tenants ensure that their belongings are properly insured. While personal property coverage is only one of several coverage options that a renters insurance policy may contain, it is one of the most important protections. Here’s why you should have a renters insurance policy that includes robust personal property coverage.

Insuring Your Belongings

Few people can afford to replace all of their belongings, which is why there’s renters insurance. Unless you’re independently wealthy, in which case you probably would own, not rent, a place, replacing all of your belongings would place a significant strain on your finances. Many people couldn’t afford to replace everything they have.

Renters insurance protects your belongings against a host of risks. If your possessions were damaged in a covered incident, a rental insurance policy’s personal property coverage would reimburse you for the loss. Depending on the type of coverage you have, you may be reimbursed for the depreciated value of your damaged items, or you might receive their replacement cost. Precisely how much a policy pays is determined by its terms and conditions.

Finding Renters Insurance

Even robust coverage doesn’t need to cost a fortune. By comparing policies with an independent insurance agent, you can see which insurer offers the most coverage and has the lowest premiums in Oklahoma.

If you have an apartment in Oklahoma City but don’t have renters insurance, contact one of our independent insurance agents. They can be reached through our website or by calling our agency. In just a few minutes, our renters insurance agents can help you begin looking at policies that will protect your belongings.