Tag: renters insurance

25
Sep

Understanding What’s Covered Under Your Renters Insurance Policy

A renters insurance policy is designed to protect the personal property of a tenant. While most property owners will have a homeowners policy or commercial insurance for the actual building, that policy does not cover personal items belonging to tenants. What’s covered under renters insurance While the exact coverage can be different depending on the carrier you choose, most policies

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27
Feb

Tenant, Beware! The Perils of Leasing

If you are a tenant, you might believe that you have avoided many loss exposures, such as fire damage to the structure, associated with owning the building. However, have you read your lease lately? Really read it? Many leases contain extensive insurance requirements that the tenant (you) must agree to meet. Although these usually include liability from your actions and

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3
Apr

State Minimum Auto Liability Coverage: Is It Enough?

State minimum insurance requirements are minimal. Most states demand less than $100,000 for bodily injuries and $50,000 for property damage. Some states require only $10,000 for property damage coverage. How many cars valued at greater than $10,000 travel the highways? How many trucks carrying cargo are worth more than $10,000? $50,000? $100,000? According to the 2010 census, the median family

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24
Aug

Just Because You’re A Renter Doesn’t Mean You Don’t Have Insurance Needs

Many renters mistakenly believe that they don’t need Renter’s insurance or view it as an expensive luxury. However, insurance needs aren’t negated just because one happens to be renting their home. For those not familiar with Renter’s insurance, it’s an insurance coverage that protects the renter from property losses from damages like water and fire. It also provides protection for

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26
Oct

Renters Insurance – A Small Price to Pay for Financial Security

If you’re currently renting a house or apartment, you should strongly consider an investment in Renters insurance. No one likes to think about the possibility of a fire or a burglary, but these are real possibilities. Burglars can break in while you’re away and steal your computer, entertainment system, jewelry, and other valuable items. Without Renters insurance, you will have

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