Archives for renters

When we first rolled out our Renters Policy earlier this year, we made it fairly basic by offering personal property coverage limits up to $50K ACV, liability coverage of $100K and medical payments of $1K. The perils covered by this policy include: fire, lightning, smoke, windstorm, hurricane, hail, explosion, aircraft, vehicles, riot, vandalism and theft.

While it was a good starting point, agents now need more liability coverage in order to meet the demands of clients and apartment complexes throughout the state, so we have added liability optional limits of $200,000 and $300,000 as well as medical payments limits of $2,000.

For those of you that told us this is what you needed, here you go! We hope the rest of our agents find these enhancements useful in closing more renters policies.

South Padre Vacation Rental Home

Vacation rental house photo courtesy of longhorndave

It’s time to start making plans for spring break and summer vacation.

There are lots of great options out there, and a short-term home or condo rental is one that many people choose.

Property owners have to be more careful than ever, though, so many will require renters to have insurance coverage for the rental.

Fortunately iMGA’s Longhorn Rental program offers terms from 1 to 12 months. You can quickly and easily provide them with $100,000 liability coverage and up to $50,000 contents coverage.

It only takes a few minutes to quote and issue a Longhorn Renters policy, so don’t hesitate to meet their short-term rental coverage needs and be their vacation hero!

Of course short-term renter policies work well for students who only need 9 months of coverage, and a whole lot of other specialty scenarios, too, so don’t just think of them for vacation rentals.

If you’re an agent who is not already working with us and would like a Texas Personal Property program that includes cutting-edge Renters, Dwelling, Vacant, MobileHome HOA/HOA+/HOB and Umbrella products, just tell us a little about yourself.

If you’re already one of our great agents, thank you!

Thanks to great input from our agents we are happy to announce iMGA’s new Longhorn Renters program, designed to meet the needs of Texas renters.

Just some of the highlights of the program include:

  • Apartments, homes and mobile homes eligible
  • Up to $50,000 contents coverage
  • Theft coverage included
  • A low $500 deductible for most perils
  • $0 deductible for covered fire and lightning losses!
  • $100,000 liability/$1,000 medical payments limits
  • Liability only policies available
  • No credit check
  • Entire state eligible
  • Policy term from 1-12 months
  • Up to 8 payments
  • Optional additional insured coverage available
  • Discounts for seniors, fire and burglar alarms, and claims free history
  • From start to bound policy in just minutes

Log in today to review the Renters Program Summary or begin a quote.

If you’re not already an iMGA agent and need an excellent Renters, Homeowners, Dwelling, Vacant and MobileHome program to offer your clients, contact us today.

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