Renters Insurance

You may not own the place, but you do own what’s inside. Make sure it’s safe.

When most people think about insurance it is with their car or home in mind. This is because the law or bank requires us to do so. Although renter’s insurance is usually not required, it is just as necessary to have.

One of the first things most renters learn after a disaster such as a fire consumes their home is that the landlord is not responsible for much of anything unless criminal neglect can be proven. And usually, it can’t be. While the landlord is no doubt insured, in most cases, his insurance only covers the structure of the building.

Some that rent tend to live under the illusion that they don’t have a lot of valuables. But, even in the course of one or two years of renting, we accumulate stuff. Lots of stuff that would cost money to replace, and would be very difficult to live without.

Personal Belongings Coverage

Your amount of coverage depends on the value of contents (furniture and appliances) as well as personal property such as jewelry, furs, fine arts, electronics, clothing and other items. Appropriate safeguards should be in place and a current appraisal of high value and antique itmes should be available to substantiate any loss. An inventory and picture record or video is important to document the existence and aid in recovery.

Personal Liability

Liability covers you against lawsuits for bodily injury or property damage that you or family members cause to other people. It may also pay for damage caused by your pets. So, if your son, daughter, or dog accidentally ruins your neighbor’s expensive rug, you are covered. However, if they destroy your rug, you are not covered.

The liability portion of your policy pays for both the cost of defending you in court and any court awards—up to the limit of your policy. You are also covered not just in your home, but anywhere in the world.

Liability limits generally start at about $100,000. However, we recommend that you purchase at least $500,000 worth of protection. Some people feel more comfortable with even more coverage. You can purchase an umbrella or excess liability policy which provides broader coverage, including claims against you for libel and slander, as well as higher liability limits.

Your policy also provides no-fault medical coverage. In the event a friend or neighbor is injured in your home, he or she can simply submit medical bills to your insurance company. This way, expenses are paid without a liability claim being filed against you. You can generally get $1,000 to $5,000 worth of this coverage. It does not, however, pay the medical bills for your family or your pet.

More Personal Insurance Links

Auto

We provide coverage for most types of vehicles. We coordinate your insurance program to include your home, business, and other property.

Renters

One of the first things most renters learn after a disaster such as a fire consumes their home is that the landlord is not responsible for much of anything unless criminal neglect can be proven. And usually, it can’t be. While the landlord is no doubt insured, in most cases, his insurance only covers the structure of the building.

Other Motorized Vehicles

Our coverages for vehicles other than cars and trucks is extensive. Find information here about insuring your motorcycle, rv, boat/watercraft, classic car or antique auto.

Umbrella

An umbrella is the term for a liability policy that fits over your primary policies on an excess basis and sometimes provides protection that is not available under your primary coverage. If you don't have enough primary coverage, any shortage may have to come out of your personal assets unless you have an umbrella policy.

Home/Dwelling

Your home may be be your most expensive life purchase. With that much money and many possessions at stake, it’s a good idea to make your homeowners policy purchase one of your primary tasks when buying a home.

Flood

Anywhere it rains, it can flood. A flood is a general and temporary condition where two or more acres of normally dry land or two or more properties are inundated by water or mudflow. Just because you haven’t experienced a flood in the past, doesn’t mean you won’t in the future.

Beyond Insurance.

Frequently people go for years without reviewing their insurance program, even though life quickly changes. By answering a few questions, you can have the peace of mind knowing that your family and possessions are protected.