Why renters insurance?
Add it up, and you might have thousands of dollars worth of possessions in your apartment... maybe even more.
There’s your phone, tablet, computer, TV, and other electronics. There’s your clothing, furniture, and kitchenware. Maybe there’s a bicycle or other sports gear. It all could be worth a lot of money. And it all could be at risk. If those items were damaged or lost due to a fire, theft or storm, your landlord’s
insurance wouldn’t cover any of it. A Renters Insurance policy, however, would. It’s pretty simple: For just a few dollars a week, you could insure all your possessions. You’d have a policy backed by outstanding claims and customer service. And, it would all come from a highly rated company you can believe in ... one that would be there for you if you need it. Why renters insurance? Well, why not?
Customize a policy just for you a Renters policy reimburses you for damaged or stolen possessions and more.
-
It covers losses caused by theft, fire, smoke, storm damage, water overflow and electrical surges
-
It provides living expenses if your property is not fit to live in due to a covered loss
-
It includes both Personal Liability (protects you if you cause another’s an injury or property damage), and Medical coverage (pays medical expenses related to a covered incident)
In addition, you can further customize a policy to cover against earthquakes and water backup, provide liability for injuries caused by your pets, cover high-value items, protect your identity and more.
A tip: Coverage applies only to those named on the policy—your roommate's possessions wouldn’t be covered unless you specify it. So, be sure to list your roommates on your policy, or encourage them to get their own coverage. Find out how affordable it can be the average cost works out to just a few dollars a week. Keep it even lower with discounts for bundling a Renters and Auto policy.