Best Renter's Insurance Companies in Lubbock

FAQs

• What is not covered by renters' insurance policies in Lubbock?

  Renters' insurance policies issued in Lubbock have limitations just like those issued anywhere else in the states. For instance, your auto was stolen from the space you are renting. It won’t be covered by your renters' insurance policy. Generally, damage caused by natural disasters is also excluded from most coverage plans.

• How much does renters' insurance cost in Lubbock?

  There is no fixed rate for renters' insurance in Lubbock. This is because the cost of renters' insurance depends on various factors, such as your exact location in the city, the total value of your property, your age, and your marital status. In some instances, even your credit score will be considered when determining the rate of your renters' insurance policy. For an accurate calculation, it would be best to seek the help of a licensed insurance agent from a reputable insurance agency.

• Can your renters' insurance policy cover the injuries of a guest who hurt themselves on your rented property in Lubbock?

  Yes. There are renters' insurance coverage options in Lubbock that actually cover you from being held liable in the event that someone sustains an injury while they are in your home. So if you get slapped with a lawsuit and the judgment is not in your favor, your renters' insurance policy will take care of the costs up to your policy limits.

• Can you get a discount when purchasing renters' insurance in Lubbock?

  Yes, it is possible to get a discount when purchasing renters' insurance in Lubbock. In many cases, those living in gated communities that require an access code or have security features installed in their rented properties can get lower rates. If you bundle your renters' insurance with auto insurance, your agent can also reduce your rate. Moreover, if you have a good credit score or if you are a student with good grades, you may be entitled to a discount.

• What are “floaters” in a Lubbock renters' insurance policy?

  The term “floaters” is used by Lubbock insurance companies when referring to special renter situations that involve expensive and hard-to-replace possessions. Floater policies are add-ons that are rather common in all of Texas, where many renters own a collection of guns, cowboy boots, and expensive jewelry.