Renters Insurance

Home is where you keep the things that matter to you. Renters insurance helps to protect yourself and your belonging if the unexpected happens, the coverage is dependable and costs less than you think. If you rent an apartment, condo, house, etc., you need renters insurance and our agents are here to help.

 

Renters Insurance in Missouri, Illinois and Arkansas

In the event of a fire, theft or vandalism, a renters policy can help to get your life back to normal. Depending on the policy, in the event of an accident your insurance company will replace items using one of these methods: 

 

Actual Cash Value (ACV): Belongings are insured for their current market value. 

Replacement Cost: Belongings are insured for the expense of replacing them with brand new ones. 

 

Additional Insurance Options

Your insurance carrier may include additional coverages you can include with your policy. Agents with Redel Insurance will discuss these options with you and help design a policy that is best for you. We currently offer coverages such as personal liability, loss of use and medical payments. Click here to learn more about coverages Redel Insurance offers for renters insurance. 

 

Don't forget the discounts! Our agents are ready to discuss multi-policy, claims-free and early quote discounts for renters policies. Redel Insurance Agency services the Ellisville, Ballwin, Chesterfield and surrounding areas in Missouri and Illinois, as well as the Marion and Baxter Counties in Arkansas. Call us today at 636-394-7676 or fill out an online quote below. 

Frequently Asked Questions

What exactly does the renters policy cover?
A renters policy primarily includes liability and personal property coverage. The policy will also cover damage you accidentally do to someone else's apartment, for example, if you overfill your bathtub and water leaks into the unit directly below. Your landlord should have their own policy which provides coverage for any structural damage to the residence itself. 

What happens if I can't stay at my apartment because it's damaged?
Your policy can include additional living expenses coverage, which would provide reimbursement for hotel stays and even meals if you aren't able to stay at your apartment as a result of a covered loss. 
Should I add my roommate to my renters policy?
Some carriers will allow you to add your roommate as an insured on the policy, but this does come with added risks. Say your roommate files a claim and is paid out with a settlement for the covered loss. Even though you didn't file the claim, if you're both listed as insureds on the policy this will show up on your insurance history for the next three to five years, which can result in a higher rate. In the long run, the savings of having a combined policy is not worth it and it's recommended to have separate policies.
Does renters insurance cover theft?
Yes, your policy will provide coverage for your items if they are stolen from inside or even outside of your residence. It's always a wise idea to create an inventory of all your belongings in the event of any loss and discuss with your agent whether or not you have enough coverage.