What is a Deductible for Renters’ Insurance and When Does it Apply?

Your home is one of your most important investments, so it makes sense to protect it with insurance. At Insurance Company Columbus Ohio LLC, we offer comprehensive home and renters insurance coverage that can give you peace of mind in the event of a loss or damage. One crucial factor to consider when choosing an insurance policy is the deductible. This is the amount you will be responsible for paying out of pocket in case of a covered loss. For example, if you have a $1,000 deductible and the covered damages come to $3,000, you will only be responsible for paying the first $1,000. At Insurance Company Columbus Ohio LLC, we offer a variety of deductibles to choose from, so you can tailor your coverage to fit your needs. And because we are a local company, we are familiar with the unique risks homeowners and renters in Central Ohio face. So whether you're looking for comprehensive coverage or essential protection, we can help you find the right policy at the right price.