Archives for texas renters insurance

Apartment Fire$83,000 in damages from a June 2011 apartment fire is now the subject of a Texas Supreme Court case.

Carmen White rented an apartment in San Antonio. When she did, she signed the standard Texas Apartment Association lease used by landlords statewide on millions of apartments. In that lease Provision 12 of the 11-page agreement requires the renter to pay for damage not caused by the landlord’s negligence.

But she didn’t have insurance to cover that liability. So when her dryer caught fire, and she couldn’t put out the fire with her fire extinguisher, the property owner’s insurance company sued her to recover the damages.

So now she’s spent the last four years fighting a set of court cases that could have been easily avoided.

iMGA Renters policies include your choice of $100,000 – $300,000 liability coverage. As importantly, the policy also provides legal defense cost coverage. All that is in addition to whatever contents coverage limit she could have selected, up to $50,000.

So if Ms. White had paid the less than $15 per month that an average iMGA Renters policy costs, that policy could have covered the full $83,000 in liability to the landlord, all related legal defense costs, and the cost of damages to her own property.

Don’t let your clients face this completely avoidable situation. More and more landlords are requiring Renters insurance from their tenants. Even when they don’t, though, we should make sure this doesn’t happen.

Quote your clients an iMGA Renters policy today. It’s peace of mind worth many times the cost.


If you’re a Texas independent insurance agent who doesn’t already represent iMGA and you’d like to be able to provide this affordable protection to your clients, start the process here.

Apartment ComplexAccording to a national survey conducted by Harris Interactive, 56% of young adult renters do not have renters insurance.

The same survey found that 75% of those without insurance did not realize that they could buy renters insurance for about the same amount each month as one cup of Starbucks a week, or two movie tickets a month.

The online survey of over 1,000 23-35 year old renters, commissioned by Nationwide Insurance, also found that:

  • The two biggest fears among renters are fire and theft.
  • Forty percent didn’t know that renters insurance can cover stolen property.
  • Seventy percent have rented for three years or more and 46 percent have rented for five years or longer.

A Good Agent is Critical

The results of this survey show yet again why a good insurance agent is such an important part of making sure clients are covered properly.

Your clients need you to inform them of the coverages available and appropriate for their situation. As an industry professional you can bring information and a perspective that they simply do not have.

So help your clients who are renting – talk to them today about an iMGA Renters policy and help them avoid being part of the 56% without insurance. They’ll thank you, and they’ll sleep better at night knowing they have the coverage they need at a reasonable price.


If you’re a Texas independent agent looking to offer a Renters product to your clients, contact us today.

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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