Are There Advantages of Renter’s Insurance for Montrose Homes?

According to census data, nearly thirty-five percent of Colorado residents rent their homes, apartments, or other accommodations. This significant statistic is even more surprising when you understand the vulnerabilities of many of these renters against disasters and damaging emergencies. When situations like fires, floods, or water damage incidents occur, many occupants of a house believe the owner is responsible for recouping the cost of the damage to the renter’s belongings: they are not.

What Does Rental Insurance Protect?

Those considering renters insurance for Montrose properties are doing so to protect their valuables, personal belongings, and contents. This afforded protection can either compensate the renter for the value of ruined contents or afford needed restoration and recovery efforts on-site and in professional facilities like our SERVPRO warehouse for intricate cleaning, deodorization, drying, and repair.  

How Much Does It Cost?

Because monetary value is assigned to each item and object you wish to include on your insurance plan, the total package amount fluctuates from case to case. Coverage can begin with as little as a blanket $20,000 protection option or increase in custom increments to several hundred thousand dollars of needed protection. Bryant Hunter from 360 Insurance explains the benefits in detail and suggests bundling with auto, or boat insurance for an added discount. Renter’s insurance is often among the most affordable insurance policies compared to:

• Home Insurance
• Auto Coverage
• Flood Insurance
• Boat/RV Protection

How Does This Help When Disasters Strike?

After disasters, one of the first calls renters make is to their insurance company. SERVPRO coordinates with many local policy providers to navigate damage claims, catalog loss to contents, and get restoration and recovery work covered by your insurance started as soon as possible. We coordinate the recovery service and content loss with Bryant Hunter, making for a smoother transition to full remedy for you, the renter, after an unpleasant surprise. He can be reached at (970) 964-4066.

It is always smart to protect your assets against possible disasters. Our SERVPRO of Montrose / Telluride team is here to help when you need it at (970) 240-6970.