If you're renting in Owatonna MN, having renters insurance isn’t just recommended—it’s essential. From fire damage to theft, your personal belongings could be at risk, and your landlord’s insurance won’t cover your losses. That’s where The Randy Mulcahey Agency comes in with a renters insurance policy designed to protect what matters most to you.
Renters insurance provides coverage for personal property, and it also includes liability protection. Whether it’s a theft or an accident where someone gets injured in your home, renters insurance ensures you’re financially protected from costly events. Give The Randy Mulcahey Agency a call at 507-521-8498 to learn how we can tailor a policy to your needs.
Many renters wrongly assume that their landlord’s insurance policy covers their belongings, but that’s not the case. Renters insurance covers everything from electronics to jewelry and furniture—so if disaster strikes, you’ll be covered. It also provides liability coverage in case a visitor gets injured and decides to sue.
Want to know more? Call us at 507-521-8498 to speak with a specialist at The Randy Mulcahey Agency who can help you build the right policy for your situation.
Fire Damage
Coverage for replacing or repairing belongings damaged by fire or smoke.
Theft
Your policy helps cover the value of stolen items if your home is broken into.
Water Damage
Whether from a burst pipe or a leaky appliance, renters insurance helps cover the damage.
| Claim Type | Description | Average Cost |
|---|---|---|
| Fire Damage | Covers damage to your personal belongings caused by fire. | $10,000 - $50,000 |
| Theft | Reimburses you for stolen property. | $1,000 - $5,000 |
| Water Damage | Damage from water-related incidents like broken pipes. | $2,000 - $10,000 |
| Liability Claims | Coverage for legal fees and medical expenses if someone is hurt in your home. | $5,000 - $100,000 |
Renters insurance is easy to manage. For a small monthly premium, you’re protected against many common risks. Whether it’s a break-in or accidental water damage, you can file a claim to get reimbursed for your losses. Your policy also includes liability coverage, helping with legal fees or medical bills if someone is injured in your home.
Call The Randy Mulcahey Agency at 507-521-8498 or fill out our online quote request form to get started.
