Auto Insurance AUTO

Auto insurance protects you against financial loss if you have an accident.

Read More
Homeowners Insurance HOME

A standard policy insures the home itself and the things you keep in it.

Read More
Business Insurance BUSINESS

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Life Insurance LIFE

Browse a variety of insurance options in order to find the right one for you.

Read More
Motorcycle Insurance MOTORCYCLE

Learn about different motorcycle coverage options that fit your specific needs.

Read More
Boat Insurance BOAT

Finding insurance doesn't have to be difficult. We do the work for you.

Read More

Here’s a fact for you:  64% of renters recently surveyed say they don’t have renters insurance. That’s a pretty high number.  Considering that renters aren’t void from burglary, pipe bursting, smoke damage, vandalism, fire, etc. I wouldn’t go without it and neither should you. When the unthinkable happens, you want to make sure your belongings are covered.  Contrary to belief, your personal possessions inside your apartment or rental home are not covered by the landlord’s policy.

Let’s break down some of the highlights of a renters policy.

1. As you can imagine, it will cover your personal property in the event the loss is caused by common perils, including fire, smoke, theft, water damage, vandalism, and more.  It's essentially the same personal property coverage that you would get a on standard home-owners policy.

2. Most people don’t realize their renter's policy includes additional living expense.  If your home is uninhabitable due to a covered loss like a fire or water loss, then your policy will cover your additional expense to live elsewhere.  Think about it, you will probably still have to pay rent (per lease agreement) but due to a fire, you cannot live in the home.  Who will you stay with?  What will it cost?  Will you need a hotel?  That’s what your renters policy will pay for.

3.  Another highlight of a renters policy is that it will cover you and your family against lawsuits arising from bodily injury and property damage as well as the cost of legal defense.  Keep in mind, this liability coverage follows you so whether the incident happened at your home, hotel, etc. you will have your policy limits to cover you.

4. Lastly, there are many optional coverages that can be added to your renters policy.  Coverages like all risk personal property coverage, refrigerated products coverage, broken glass deductible waivers, sewer back up coverage, scheduled personal property coverage such as jewelry and computers, recreational vehicle liability, and more.

So if you are a renter or know someone that is, make sure you have a renters policy or spread the word to them.  It’s not very expensive and it can even offer a big discount toward an auto policy.

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive

View Mobile Version
© Copyright. All rights reserved.
Powered by Insurance Website Builder