If you’re a renter in Sandy, UT, renters flood insurance may be a wise, cost-effective investment. Most standard insurance policies, for both homeowners and renters, don’t cover flood damage. While your landlord may have flood insurance that covers flood damage to the building itself, the valuable possessions inside your home will be left unprotected without renters’ flood insurance. Just an inch of water inside a home can cause over $25,000 in destruction, a cost that is unimaginable to many renters. Flood insurance is a low-cost option that gives renters peace of mind that their personal property is covered in the unexpected flood event. Our insurance agents at Christensen Insurance Group can help you protect the belongings you care about most as a renter.

Contents-Only Insurance Coverage

Renters’ flood insurance is also known as contents-only insurance since it’s an affordable policy that covers explicitly the personal contents within your rental. This includes items like furniture, clothing, electronics, and home decor. Policies are offered through the National Flood Insurance Program (NFIP), regardless of whether the rental is within or outside a high-risk flood location. Flood insurance will help you recover faster and with far less financial burden. 

Next Steps for Renters

If you’re a renter considering contents-only flood insurance, ask your landlord if they have flood coverage for your building. Then, take stock of the possessions in your home. If your rental experienced flooding, how much would your personal items cost to replace? Finally, contact your insurance agent to determine the best policy for your needs. 

Christensen Insurance Group is proud to serve the Sandy, UT community. If you’d like to learn more about your options for renters flood insurance, please give us a call or visit us today.