What is renters insurance?
Renters insurance is for anyone who rents an apartment, condo or house, instead of owning the premises. The policy provides protection for your personal property, such as furniture, electronic equipment and clothing. It also provides liability protection for you should you negligently injure someone or damage that person’s property. Your landlord or the owner of the property is responsible for insuring the building and for his/her own liability coverage.
Many people who rent apartment units or other housing mistakenly assume that the owner’s insurance policy will cover the loss of personal property after a devastating event (fire, flood, break-ins, etc.). The reality is that renters are not automatically protected–the landlord will only be reimbursed for the structure itself, not the renters’ belongings. This is why renters are strongly encouraged to purchase a protective policy called renters insurance. Renters insurance is a low-cost insurance policy which covers almost all personal property inside an apartment and liability for medical or legal expenses if a visitor is injured. A typical renters insurance policy may cost from $150 to $300 USD a year in premiums, but covers up to $35,000 USD in property losses and $100,000 in liability claims against the renter. Insurance companies can and often do reject applications for renters insurance based on group housing situations or duplicate coverage from a renter’s parents. College stude
Don’t settle for a quote, get covered in minutes Compare Policies and Rates When it comes to your clothing, jewelry, furniture and other personal items, you need renters insurance to protect you from the cost of replacing your personal property if damaged by a natural disaster. It is easy to get the renters and liability insurance coverage you need. Once you’re covered, you can relax and enjoy the peace of mind that comes with knowing your possessions are protected against the unexpected.
Many renters are missing out on the roommate of their dreams – a roommate that you hardly ever notice except when you’re in a jam. If your apartment gets broken into and your computer’s stolen, if you microwave a pop-tart and start a fire, or if a pizza deliveryman falls down your staircase, breaks his tailbone and sues you, then this roommate’s got your back. We’re talking about renter’s insurance. Renter’s insurance protects your personal property if it gets destroyed or stolen and it protects you from liability if someone else is injured while on your property. Best of all, it doesn’t cost too much. You should consider buying renters insurance whether you’re renting an apartment, a condominium, or a house. There are two kinds of renter’s insurance policies: • Actual Cash Value Insurance – This policy reimburses you the depreciated value of your lost or destroyed possessions. This means that if a thief steals a TV you bought for $2,499 – and it’s now worth $1,000 – the insurance comp
Did you know that your apartment community or landlords insurance policy does not cover your personal property if damaged by a natural disaster? Are you aware that you may be liable for damage done to the apartment due to your negligence? When it comes to your clothing, jewelry, furniture and other personal items, you need renters insurance to protect you from the cost of replacing your personal property if damaged by a natural disaster. Coverage for Renters Insurance is provided by Countrywide Insurance Services (CIS). CIS is dedicated to being your premier provider of insurance choices and solutions. They are a full-service insurance agency, with over a half a million insurance polices currently in force. Countrywide offers consumers across the nation a variety of coverage choices at a great value on personal insurance lines including homeowners, home protection, life, disability, automobile and an array of other insurance products.CIS standards are high. They work with some of the t
