Renters Insurance · Norman, OK
You Are in College. You Think You Are Invincible. Your Landlord Does Not.
Renters is big right now in Norman because the University of Oklahoma is down the street. The policy is short and inexpensive. The liability on it is the part that keeps a pool party after a game from turning into a lawsuit.
$190 → $191
a recent auto quote, before and after adding renters
Liability that meets the $300,000 many Norman apartments now require, plus your belongings and a place to stay if the building burns.
Your landlord insures the building. Renters insurance covers everything else: your belongings, your liability if someone is hurt because of you, and a place to live if the complex becomes unlivable.
In Jonathan’s words, liability is the most important coverage on a renters policy. Many Norman apartment complexes agree. A number of them have raised their required liability minimum from $100,000 to $300,000, which closes a gap most renters never knew they had.
What it covers
What does renters insurance cover?
Liability
If a guest slips at your apartment, or at a party you hosted, and sues, liability pays the claim and the legal defense. We quote $300,000 or more because that is what many Norman complexes now require.
Personal property
Furniture, electronics, clothing, and the rest of what you own, including theft from your car or while traveling.
Loss of use (additional living expense)
If the complex burns and there are no other units available, this helps you find somewhere else to live while it is rebuilt, then move back in.
Guest medical
Smaller medical bills for a guest hurt in your unit, paid without anyone needing to sue.
In Jonathan's words
What Our Sales Manager Tells Every Caller
“You can have a pool party after an OU game at your apartment complex, and one of the people you brought slips, falls, and breaks their neck. You could get sued for that because they were at that complex because you live there. So liability is a really, really big one on a renters policy.”
“A family in Texas bought a big home here. The dad said his son was going to live there with extra roommates. I said, "Sir, we need a high, high liability on there." I think we did a million dollars. And he made the other kids get renters policies, because he said, "We need to stack on top of each other."”
This page is based on a recorded interview with our Sales Manager, Jonathan Sambrano, lightly edited for clarity. Figures are examples he gave and will vary by policy.
We know what Norman landlords require
We see the lease addendums. If your complex asks for $300,000 in liability or a specific certificate, we set it up correctly the first time.
It can nearly pay for itself with auto
Jonathan quoted an auto policy at $190 a month. Adding a renters policy made it $191, with $10,000 of personal property coverage included.
Roommates and parents, handled
A parent who buys a house for a student with roommates needs high liability and often a renters policy for each roommate. We set up both.
Renters can qualify for an umbrella
With auto and renters bundled and the right liability limits, you can add a $1,000,000 umbrella policy on top.
Bundle and save
Bundled with auto, renters can nearly pay for itself
Jonathan sells it as one package: not only is this an auto policy, it also comes with a renters policy that covers $10,000 of your personal belongings. In his recent quote the difference was one dollar a month.
FAQ
Renters insurance questions we hear
Many Norman apartment complexes have raised their minimum from $100,000 to $300,000. We quote $300,000 as a starting point, and more for houses with roommates or frequent guests.
Yes. It is one of the least expensive policies we write, and bundled with auto it can cost about a dollar more a month. It covers your belongings, your liability, and a place to stay if your building is unlivable.
No. The landlord’s policy covers the building and the appliances they provide. Your furniture, electronics, and clothing are only covered by your own renters policy.
Yes. Renters can carry a personal umbrella policy when the renters and auto policies are both with us and carry the qualifying liability limits.
Related coverage
People who look at this also ask about
- Auto InsuranceLiability up to $500,000 per accident, a $0 comprehensive deductible option, and accident forgiveness from day one.Learn more
- Condo InsuranceWalls-in coverage for cabinets, fixtures, and finishes, plus your belongings, liability, and up to 24 months of loss of use.Learn more
- Umbrella InsuranceA $1,000,000 to $5,000,000 safety net above your auto and home liability, with attorneys on standby, for about $70 a month.Learn more
Coverage, limits, and discounts vary by policy and are subject to carrier underwriting. A licensed agent will confirm what applies to you.
Get in Touch
Get a renters quote before your lease requires one
Tell us your address and your auto situation. We will quote the liability your complex asks for and show you what bundling does to the price.
Phone
(405) 253-7879
Office Hours
Monday – Thursday, 8:30 AM – 5:30 PM
Friday, 9:00 AM – 5:00 PM
Closed Saturday & Sunday
Request a Free Quote
Fill out the form and we will get back to you within one business day.