Renters Insurance

You may not own a home and your landlord may have insured the building. However, you still need to protect your belongings from theft, fire or any other damage whether you are at home or away.

Renters Insurance does cover your personal property and, in some cases, will provide living expenses should your home or apartment become uninhabitable.

Renters Insurance, like homeowner's insurance has choices. the most commonly purchased policy is known as the Board Form. It covers personal property against specific hazards such as fire, theft, lightning, smoke, vandalism, explosion and water related damage from property utilities.

Replacement Cost Coverage, as the name implies, covers the cost of replacing an item. For instance, assume you have a kitchen table & chairs that is destroyed by a covered hazard. Replacement cost Coverage will reimburse you for the full value of replacing your property -- after your receipts to the insurance company.

Actual Cash Value Coverage, on the other hand, will reimburse you for the cash value of your personal property at the time of the claim less your deductible. This usually results in a reimbursement since you may have owned the property for a number of years prior to your claims.

With Kim Knight Insurance Agency services, all you need to make a call at  (479) 754 1164 and we will take care of your customized needs at a price you can handle!