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Insurance For Renters, Discount Renter Insurance |
Have you ever been robbed or been a victim of theft? The experience is heart sinking. You spend the next week putting together your own little conspiracy theories. Some go as far to keep an eye on craigslist for their goods popping up to be resold. A study performed by the Independent Agents and Brokers of America states that 2 out of every 3 Americans who rent do not have a renter’s policy.
Did you know that a typical renter’s policy cost as little as the cost of a few gallons of gas? Honestly, renter’s can get so much out of a standard renters policy. Not only can you be reimbursed if your stuff is stolen or destroyed in a fire, you also get liability coverage with the policy. If you become negligent for someone else’s injury such as a friendly game of football, your coverage can go to pay for liability claims.
One common misconception is people question whether the property owner’s insurance will coverage your own items that were stolen. The answer is no. When the Landlord insures a home or apartment as a rental, they typically get coverage for the structure itself, not the things inside. It is the renter’s obligation to insure their personal belongings. There are certain cases where the Parents’ homeowner’s coverage may cover the Student’s belongings while living in a dorm. For clarification on this you must discuss the homeowner’s policy with your Agent before assuming everything is covered.
If you plan to or already have a renters policy you may want to take an inventory of items that you want covered. An easy way to do this is with a video camera or your cell phone as long as the quality is clear enough. After a theft or fire it can be hard remembering everything you may have lost. 6 months after the claim you may remember you forgot to collect for that fax machine or coffee maker. A video recording helps you remember everything if the recording was done thoroughly.
Low Insurance and Security is glad to offer a way to compare renter insurance quotes with local independent insurance Agents. If you would like to get a quote simply enter you zip-code above select the coverage type and the quote process should only take about 6-8 minutes. You may also want to note, purchasing a renters insurance with an auto insurance policy can save you more money since most companies offer a multi-line auto insurance discount for having both lines of insurance covered with the same insurance company.
Resource: http://www.low-insurance.org/top/insurance-for-renters/
Filed under Renters Insurance · Tagged insurance for renters, renters insurance, renters policy
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