Best Renters Insurance Companies in Henderson, NV

Renters' insurance is not required by law in Henderson, but landlords may require tenants to obtain one. Renters' insurance covers expenses such as tenant liability, medical payments, and additional living expenses. Exclusions in these policies include but are not limited to, flooding, structural damage to the rental home, and loss or damage to the insured tenant's roommates' property.

Renters pay an average of $156 for $25,000 in property insurance, while $50,000 in insurance costs $219. Tenants who want to save money on insurance should consider getting both their auto and renters' insurance from the same provider. Bundling these policies can result in a 4.4% reduction in car insurance rates.

A Henderson renters' insurance policy protects the insured and any spouse living in the home. Additionally, it extends coverage to anyone under the age of 21 who is in the insured's, their resident spouse's, or their resident relative's care. Although a spouse traveling on business is covered, girlfriends and boyfriends are not. Individuals who lead unconventional lives must include the names of those who live with them in their renters' insurance policy.

No, because Henderson renters' insurance does not cover property damage such as roof leaks. This type of insurance covers medical expenses for injuries sustained during an emergency, personal property damage from a leaking roof, and living expenses when a rented home is no longer habitable. Landlord insurance covers the cost of property damage.

Tenants in Henderson should develop a risk profile for their apartment or condominium to determine the level of coverage required. This risk assessment can help determine the amount of property and liability protection needed, as well as possible deductible amounts. It is also a good idea to compare quotes and insurance rates from different providers in the city.