Home: Renters insurance

Renters Insurance

Renters insurance is the protection every renter needs. This type of insurance will protect you in the long run. Insurance companies offer many benefits with this type of policy. The policy typically protects you from huge medical bills in the event that someone gets injured in your apartment. It also covers your personal property in case of a fire or theft. The most important thing to get when you move into a rent house or an apartment is a renters insurance policy.

The biggest misconception that most renters have is that the landowners insurance policy will cover them and their personal belongings in the event of a disaster. This is not true. The homeowners insurance that your landlord carries will only protect the structure and the homeowner’s personal property – not yours. In fact, many landlords now require their renters to carry a renters policy. This way, if the renter does damage to the property – such as damage to windows, walls, or carpeting – the renters insurance policy will pay the landlord for the damages.

Renters insurance is very affordable. Most people don’t realize that they can get a policy for less than $200 per year. If paid monthly, this is less than the cost of one night out on the town! Renters insurance is affordable for everyone! However, the cost of the insurance differs from one area to another, so you will need to check with a local insurance agent to find out how much the protection will cost in your area.

If you have a roommate and he or she has a policy, you need to know that you are not covered - unless they specifically put you on their policy.  In most cases, it is important for each unrelated person living in a rented house, apartment, or condo to have their own policy.

To get started with a renters insurance policy, you simply need to make a list of the property that you want insured, along with serial numbers and any purchase receipts that you have. For items that you no longer have the receipts for, you will need to estimate the value for insurance purposes. Work with your insurance agent on getting together the information that they need to write the policy.

Articles

Here we provide you with a list of pages that contain links to all our articles. Check them out!

• Article Directory 1 - This article directory contains articles covering several Renters insurance issues
• Article Directory 2 - This article directory contains even more articles covering several Renters insurance issues
• Article Directory 3 - Here you will find several more Renters insurance related articles
• Article Directory 4 - And, yes you guessed it, even more articles on Renters insurance and more

News

The latest news on Renters insurance you'll find here.

• Renters Aren't Getting Insured (WALB Albany)
  ALBANY, GA (WALB) - Georgia renters aren't required by law to purchase renter's insurance. Some local apartments require it, but even people who have the coverage aren't taking the time to make an inventory of their possessions.
• Alabama renters paying more than homeowners (NBC 15 Mobile)
  Alabamians who rent their homes spend more on housing costs than homeowners do.
• Complacent Connecticut Renters Uninsured and at Risk (PR Newswire via Yahoo! Finance)
  As the number of Americans renting homes dramatically increases with the current housing foreclosure crisis, a new survey released today by Allstate finds most Connecticut renters are inadequately prepared to protect their belongings.
• With Renters on the Rise, Americans Face Increasing Risk for Property Loss (PR Newswire via Yahoo! Finance)
  As the number of Americans renting homes increases with the current housing foreclosure crisis, a new survey released today by Allstate finds most renters are inadequately prepared to protect their belongings.
• Insurance 101 for Pet Owners (Carteret County News-Times)
  (ARA) - What would happen if a 2-year-old stuck her hand in your dog's bowl at feeding time? How would he react if the neighbor kid jumped your fence and scared him?