Best Renters Insurance Companies in Las Cruces, NM

Las Cruces, NM Renters Insurance FAQs

• How can you reduce the cost of your Las Cruces renters' insurance rates?

  Renters' insurance rates in Las Cruces can be reduced by carefully selecting your location. Your premium will be lower if you live in a less dangerous, low-crime neighborhood. Additionally, you can reduce your renters' insurance premiums by raising your deductible, requesting a discount on security systems and deadbolt locks, and improving your credit score.

• Should college students in Las Cruces who live on campus purchase renters' insurance?

  No, most college students in Las Cruces who live in dorms or on-campus housing do not need renters' insurance because their parents' homeowners or renters' insurance will cover any losses or damage to their personal property. This type of coverage includes deductibles and limits. For example, a student living on campus may be limited to submitting claims up to 10% of their parents' coverage limit.

• If you recently got a pet, how can you add it to your Las Cruces renters' insurance policy?

  If you recently acquired a pet, you can make changes to your Las Cruces renters' insurance policy by contacting your insurance provider or agent. Although some exclusions apply, particularly to specific dog breeds, the majority of renters' insurance providers cover pets kept at home. If your renters' insurance provider does not cover the liability of your pet, you may be able to obtain a separate animal liability policy from a different insurer.

• When does Las Cruces renters' insurance pay for flooding damage?

  Only if you have a separate flood insurance policy will your Las Cruces renters' insurance cover flood damage. A separate flood insurance policy can be obtained from either the National Flood Insurance Program or a private insurance provider. Your community must be a registered participant in order to be eligible for flood insurance through the National Flood Insurance Program.

• In Las Cruces, is fire damage covered by renters' insurance?

  Yes, renters' insurance in Las Cruces typically covers fire damage caused by malfunctioning appliances, electrical problems, accidents, and other factors. Compensation is provided for fire-damaged personal property; however, assets owned by your landlord and building structural damage are not covered. Although there may be coverage limitations for valuables, you can purchase additional coverage for expensive items such as jewels, cameras, and artwork.