Find the Best Renters Insurance in Albuquerque, NM
While New Mexico law doesn’t require renters insurance, you should consider getting it anyway.
Renters insurance ensures that the cost of your belongings is secured in the event of a fire, theft, or other type of damage to your home. Unfortunately, many tenants don’t know where to find renters insurance with affordable premiums.
The good news is that you don’t have to comb through renters insurance guides to figure it out. ABQ Insurance can help you find the best tenant insurance in Albuquerque, NM.
How ABQ Insurance Can Help
When it comes to tenant insurance, there are a variety of insurance options. Our team of professionals can help you find coverage at an affordable price.
The licensed insurance agents at ABQ Insurance can help connect you with the best tenant insurance company for your needs. We’ll assess the size of your home and the cost of your items to help determine the best coverage options and policies for you.
Get a quote online today by emailing us.
Tenant insurance typically covers the cost of damages unintentionally done to any part of a rental unit. More comprehensive coverage may also cover unintentional damage caused to the building and other units and any unintentional harm caused to others who visit the property. It also covers the cost of replacing any possessions lost through damage to the unit, whether fire, flood, or anything in between.
While it isn’t mandatory by law, some landlords in New Mexico do require tenants to have insurance coverage before leasing. Make sure to clear this up with your landlord before signing.
Filing a claim with tenant insurance is similar to filing a claim for home or auto insurance. After the damage is done, contact your insurance provider. They will ask you to take inventory of your possessions to determine what was lost in the damage, and from there, will calculate how much you will be paid out.
Tenant insurance only protects you and not your subtenant. This is also important to know if you are a subtenant yourself. Always get your own renter’s insurance.