YOUR INSURANCE TIPS
Feel free to share these posts on your Agency Website and Facebook
  • Insurance Tips
  • Accessibility Statement

Do I need Renter's Insurance and How do I get it?

7/26/2021

0 Comments

 
Picture
​Renters insurance may not be required, but having a policy is certainly a smart idea. Here are some reasons why you should have renter’s insurance.
Why you might need renter’s insurance
Avoid paying out of pocket for stolen or damaged goods.
Having to pay out of pocket for damaged or stolen personal items in your rented apartment, condo or house is not ideal for most tenants. Additionally, your landlord’s insurance policy will not cover your personal belongings, making a separate renters insurance policy necessary for full coverage.
Protect yourself from liability
Keep in mind that renter’s insurance doesn’t just apply to your belongings. It can also protect you from liability in a situation such as a guest being injured in your home. If you don’t foresee having the funds to cover expensive medical bills or legal fees on your own, renters insurance can come in handy.
How to get renters insurance
Estimate the value of your personal property
The monetary value of your personal belongings in your rented space may be more than you think. Take an inventory of every item in your space – from electronics to art to home goods to clothing. Estimate the current value of these items (not what you paid for them) and tally them up. This is a good way to approximate how much insurance you will need in the event your belongings are stolen or destroyed.
Get a renter’s insurance quote
Just call one of our experienced insurance agents to help determine the best coverage and plan for your financial situation. Remember that a higher deductible means a lower insurance premium and a lower deductible means a higher premium – plan your renters insurance budget accordingly.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Useful Information 

    Various articles on protecting yourself & your family

    Archives

    December 2022
    November 2022
    October 2022
    February 2022
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019

    Categories

    All

    RSS Feed

Photos used under Creative Commons from Robert Couse-Baker, kinglear55, osseous, Patrick Feller, Jaykhuang, f2 photografia, State Farm, mikecogh, Chris Bloom, Gamma Man, Seth Lemmons, Gerry Dincher, VirtualWolf, Free Public Domain Illustrations by rawpixel, Peter O'Connor aka anemoneprojectors, ccPixs.com, wuestenigel, elizabeth nolan brown, vicentedorsey, Alexandre Prevot, Ninara, Informedmag, Puddin Tain, Rexness, wwarby, Elvert Barnes, Ninara, Free For Commercial Use (FFC), mikecogh, Emery Co Photo, robspiegel, Karen Roe, Alexandre Prevot, joshuaheller, France1978, irio.jyske, Chase Lewis, ephidryn, ToGa Wanderings, AutoRentals.com, www.ilkkajukarainen.fi, akeg, Yves Sorge, Francis Bourgouin, Tim Green aka atoach, Ben Taylor55, driver Photographer, Martin Pettitt, toptenalternatives, ms.Tea, anttilipponen, Christian Haugen