If someone else owns your home, whether it’s a house or an apartment, carrying renters insurance is a good idea. It gives you financial protection against a number of risks you can’t control. Renters insurance is important because your landlord’s property insurance doesn’t protect your personal possessions or your personal liability. It also doesn’t pay […]
Moving in to your first apartment? Don’t forget to pack insurance!
Moving in is an exciting time! You finally have a space of your own and with it new freedom and responsibilities. But there’s a lot to think about during this time. You have to consider your budget, which belongings will come with you to your new place, and what you’ll need to buy for your […]
What is Renters Insurance and Do You Need It?
Do you like your laptop? How about your sofa? Could you afford to buy them again if a fire destroyed your apartment? Do you have a plan to replace your clothes and jewelry if an uninvited guest picks the lock on your door and “borrows” them? No? Well then-you definitely need renter’s insurance. What is […]
Renters Insurance Usually Covers Dog Bites, But There are Some Exceptions
According to the Insurance Information Institute (III), 67% of American households own a pet and dogs account for 63% of them. Unfortunately, sometimes dogs bite. Approximately 4.5 million Americans are bitten by dogs yearly and the average cost of a dog bite claim is $44,760, according to the III. Does Renters Insurance Cover Dog Bites? […]
What Renters Insurance Covers
Like any other insurance policy, renters insurance has exclusions, and knowing about them ahead of time can help you avoid unexpected bills in a disaster. Just as important, though, is knowing what is covered. All that fine print in your policy likely includes coverage you might not expect, which could save you money down the […]
House Rentals vs. Apartment: Which One is Right For You?
Choosing between renting or buying a home is already a hard choice for a lot of people. If you decided to rent, there’s also the question of whether you will be renting a whole house or apartment. Depending on your circumstances, a different option might be better for you. Here are the advantages and disadvantages […]
What Being in an Apartment Fire Taught Me About Renters Insurance
Around 2:35 p.m., Monday, August 27th, my apartment caught on fire. In the space of approximately 35 seconds, I gathered a few possessions in a laundry hamper as reddish-orange smoke curled through the window, and ran. The fire had started spontaneously in the next-door neighbor’s electrical system. Since buildings are packed tight in San Francisco, […]
Tips for First Time Renters
Renting your very first apartment is a natural stepping stone of moving out of mom and dad’s house. The freedom of moving out on your own is very exciting, but it does come with a lot more responsibilities as well. Being a first-time renter is a really big deal. You’re on your own and can […]
Should You Allow Pets in Your Rentals
Eventually, every landlord has to decide whether they should allow pets in rentals. It can be tough decision, especially if you are new to real estate. On one side, allowing pets in rental your property can broaden your market for prospective tenants, boost your annual income, and possibly keep tenants longer. But there are also […]
A Beginners Guide to Renters Insurance
A renters insurance policy refers to a series of coverages intended to provide protection to renters living in an apartment or a house. These policies are typically comprised of three types of coverage to protect the insured person, the insured person’s living arrangements, and his or her belongings after a covered loss. Noted insurance agency […]
Here’s What You Need to Know About Airbnb-ing Your Home
Sally Miller left corporate American when her first child was born to spend time with her growing family. But this also meant the family income took a hit, so she started exploring ways to make money from home. Hosting her four-bedroom home in San Jose, California on Airbnb turned out to be a great side-gig. […]
Common Questions About Renters Pet Insurance
According to the 2018 National Pet Owners Survey conducted by the American Pet Products Association (APPA), 68% of US households, or about 85 million families, own a pet. What’s more, an even higher share of renters have pets. This is surprising to hear, not only because of the rise in no-pet policies in condos but […]
FAQ and Answers About Renters Insurance
What is Renters Insurance? Renters insurance provides coverage for your lost, damaged, or stolen personal possessions. It also provides coverage for injuries to another person that might occur in your rented home or apartment. For example, if someone is hurt in your apartment, and the injury is deemed to be your fault, that person can […]
How Much is Renters Insurance in 2019?
More Americans rent their homes than at any point since the mid-60’s. In the wake of recession, wage stagnation and student debt, the number of renters across the country has soared, and at this point more than 43 million households rent. Student debt is a particular factor here given that, like so many economic concerns, […]
Do College Students Need Renters Insurance?
When you’re packing for college, you may be thinking more about clothes, gaming consoles or the perfect laptop than insurance. Whether you’re heading to a campus dorm, renting a house or leasing an off-campus apartment, it’s important to protect your possessions. Don’t make the mistake of thinking you’re too poor to need coverage. Many students […]
5 Reasons Why You Should Purchase Renters Insurance
Renters insurance is just like home insurance, only it’s for renters. Whether you are a student or self-employed individual who has rented an apartment, you need renters insurance for many good reasons. The top 5 of them are as follows: It Covers Losses to Personal Property Your personal property and belongings can be lost or […]
Renters No More: Millennial Home Buyers
According to Primary Residential Mortgage Inc., Millennials are currently the largest class of homebuyers in the market. It may come as a surprise to some, but this young, tech-savvy generation is still set on finding a home, even during a volatile market with rising interest rates and fewer homes on the lower end of the […]