Insurance Insurance

Protecting Your Property with Military Renters Insurance

Because military families are consistently on the move every few year, many opt to choose renting over buying a home until they are further into their careers and able to start putting down more permanent roots. But, one perk of that constant moving around the U.S. and world makes it possible for military families to acquire special possessions that hold infinite personal value as well as those items that may be worth. So, while moving into a new rental home in a new city may not old investment as far as the property goes, the investments made in personal possessions can be high, this is where military renters insurance can help.

If you choose military renter's insurance, it can act as a supplement, covering all the property that the landlord's policy may not protect. These renter policies can provide protection to the service person, their families, and their property from unforeseen damage and destruction, as well as complete loss. These policies can cover everything from theft, fire damage, water damage, storm damage, and any other type of unforeseen circumstance that comes up and is not covered under the landlord's policy. The best place for a military serviceman or woman to look for renter policies is a financial institution that focuses their care on military families.

Often, when using an establishment that caters to active and military and their families, multiple military renters' insurance policy types will be offered so that each family can choose the coverage that is right for them. Eligibility is simply, you must be active-duty in the Army, Navy, Air Force, Marines, Coast Guard, National Guard, or Reserves. Discounts may apply and each military family should inquire before finalizing their coverage. Discounts may be given for having smoke alarms, dead bolts on all of the home's exterior doors, fire extinguishers located in the home or on the property along with a sprinkler system, or home alarm systems.

While many people often forget to think of home insurance, especially those who are renting, it's important to remember the value placed on possessions we acquire throughout our lives, that represent where we've been and who we are. Military renters insurance can protect military families from the cost of replacing valuable and sentimental items should something unforeseen occur. Renters insurance also covers the policy holders for loss of use of the rental property, as well as reimbursement, medical payment coverage for people injured on a renter's property, and personal liability or claim protection from others.

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