If you’re wondering how to get renters insurance, this article will help explain everything.
While you’re not required to get renters insurance, having a renter insurance policy is a smart idea. Why? Glad you asked, there’s actually a number of different reasons why we recommend getting renters insurance coverage. Check it out.
Protection From Liability
While some people think that renters insurance only covers your personal belongings, it actually covers a lot more. For example, your renters insurance policy may protect you if someone is injured on your property and you’re liable for that injury. If you don’t have the money to cover medical bills, that renters insurance would certainly come in handy.
Stolen And Damaged Goods
Another reason you should get renters insurance is because it gives you peace of mind if something is stolen or damaged.
If you have personal items that are stolen or damaged in your rented home, condo or apartment, it can help cover the expenses of those items so you’re not paying out of pocket.
Furthermore, landlord’s insurance would not cover your personal belongings if they were damaged or stolen. This is exactly why you should consider getting a renters policy.
If you’re worried about the cost of renters insurance, don’t worry, it’s very affordable. While the total cost will be determined by a lot of different factors, overall, it’s quite inexpensive.
How To Get Renters Insurance
I know the process of getting renters insurance may feel like a daunting task, I promise, it doesn’t have to be that way.
Here’s what you need to do.
(1) Find out what’s covered and what is not covered under your landlord’s insurance policy.
By state law, your landlord is required to have insurance coverage on the dwelling you stay in. Here’s the problem, this landlord insurance policy only covers the structure. Plus, it will likely not cover bodily image or other damages. like damage from water. This is why we always recommend talking to your landlord and asking for a copy of their renters policy.
(2) Find out the value of your personal property.
Make sure you take a full accounting of all of your property and the value of that property. If you have receipts, make sure you’re keeping them. You should include your electronics, clothing, collectibles and valuables. You want to count up the value, not what you paid for them and get the grand total. This will help you save time, plus you’ll know exactly how much renters insurance you need to get.
(3) Make sure you do your homework.
There’s a number of different types of renters insurance available, make sure you get to know them all. This will also explain what’s covered and what is not covered with renters insurance.
(4) Comparing Insurance Companies
Next, you want to take the time to review different insurance companies. The good news, we can help you do this. We’re an independent insurance agency, which means we work with dozens of high quality carriers to help you find the best renters insurance coverage for the right price.
(5) You can bundle insurance coverage and save.
Be sure to let the insurance agency know you have other policies and would like to see if you can save by bundling.
(6) Get A Free Renters Insurance Quote
Getting a free renters insurance quote is simple. Just call us at 303-623-1997 during regular business hours. One of our expert agents will help you right away. We’ll be able to help you get multiple renters insurance quotes so you can determine which policy and price is best for you.
If you’re trying to call insurance carriers on your own, it can take days just to get a few insurance quotes. We can help you save time and money as our insurance carriers compete for your business. If you have a question or need help, just let us know!