Judy moved into a two rooms apartment in the city of Philadelphia with so much joy. She had reasons to be joyful. She got a new job with a raise in salary and got engaged within the same period. Her joy had no limit. Unfortunately, her joy was short-lived. How? Barely a week, her home was burgled. The burglars went away with her new laptop, jewelries and some other valuables.
Judy wasn't happy and requested her landlord to bear the cost of loss since he owns the house. She threatened the landlord with a legal action if he did not replace all she had lost. Does she have a case? Of course not. When she contacted her lawyer, the leraned gentleman informed her that she had no case, rather she should get renters insurance for subsequent loss or damage.
When you are renting an apartment any where in town, you must understand that your landlord's home insurance does not protect you. His insurance covers only for the building structure and not your personal belongings. As a tenant you need a renters insurance to protect yourself against 16 named perils including fire, theft, vandalism, burglar, smoke and others.
When you purchase a renters insurance, the insurance company provides financial assistance when you suffer loss or damage of any of your insured property.
If Judy had a renters insurance, the burden of replacing the lost items will be borne by her insurer. She wouldn't have to lose sleep over it or replace them out of her pocket. Fortuntely renters insurance is not expensive.
However, it's important you know that insurance costing is based on your risk assessment. There are factors that may work against your desire to get the cheapest renters insurance. Some of the factors include; The location where you live, how secured the environment is, the amount of coverage you are buying, your credit score and others.
To get the cheapest renters insurance, all you need to do is to compare quotes of several insurance companies. By comparing quotes you take advantage of the price differences of the different offers to choose that which meets your budget.
To get multiple quotes, normally you will bounce between insurers website. This process consumes valuable time and also very stressful. The best way to get multiple quotes is by working with online insurance brokers. They eliminate the stress and save you valuable time by providing you with multiple quotes from one platform.
If you are considering renters insurance, follow my advice and save.
Judy wasn't happy and requested her landlord to bear the cost of loss since he owns the house. She threatened the landlord with a legal action if he did not replace all she had lost. Does she have a case? Of course not. When she contacted her lawyer, the leraned gentleman informed her that she had no case, rather she should get renters insurance for subsequent loss or damage.
When you are renting an apartment any where in town, you must understand that your landlord's home insurance does not protect you. His insurance covers only for the building structure and not your personal belongings. As a tenant you need a renters insurance to protect yourself against 16 named perils including fire, theft, vandalism, burglar, smoke and others.
When you purchase a renters insurance, the insurance company provides financial assistance when you suffer loss or damage of any of your insured property.
If Judy had a renters insurance, the burden of replacing the lost items will be borne by her insurer. She wouldn't have to lose sleep over it or replace them out of her pocket. Fortuntely renters insurance is not expensive.
However, it's important you know that insurance costing is based on your risk assessment. There are factors that may work against your desire to get the cheapest renters insurance. Some of the factors include; The location where you live, how secured the environment is, the amount of coverage you are buying, your credit score and others.
To get the cheapest renters insurance, all you need to do is to compare quotes of several insurance companies. By comparing quotes you take advantage of the price differences of the different offers to choose that which meets your budget.
To get multiple quotes, normally you will bounce between insurers website. This process consumes valuable time and also very stressful. The best way to get multiple quotes is by working with online insurance brokers. They eliminate the stress and save you valuable time by providing you with multiple quotes from one platform.
If you are considering renters insurance, follow my advice and save.
