An insurance policy can give homeowners and renters the personal security they deserve. The residents of Washington can find the coverage they need from the Schultz Agency in Kirkland, WA.
There is no state law requiring the purchase of insurance by either homeowners or renters who live in Washington. However, lenders usually require proof of some coverage before offering a home loan. Similarly, landlords may require coverage as part of their agreement to lease a property. Beyond that, there are many reasons for those who own or rent properties to seek coverage.
A policy will cover the costs of repairing or replacing the main structure of a home and related buildings, including the garage. It will also pay to repair or replace personal items that may be damaged or destroyed, including furniture and appliances. The damage or destruction may come in the form of fire or such bad weather conditions as wind and hail. In the case of renters, coverage may be obtained for whatever items are owned by the occupants.
Not every threat to property is natural. However, a home or renters’ policy can provide needed protection in the event of theft or some intentional action by an outsider. Policies can also offer protection from personal liability if a guest or visitor is injured while on the property and will provide medical coverage for the victim. Both homeowners and renters can benefit from policies to help cover living expenses should their home, apartment, or condominium be uninhabitable.
The amount of coverage you need will depend upon several factors, including the location of your property. However, you can learn about these and other issues by contacting the Schultz Agency in Kirkland, WA.
