Tag: renters insurance coverage

What is a storage unit insurance policy?

G. Turner
Storage unit insurance - Boxes in storage

This coverage can help to protect personal possessions from a number of types of risks. Storage unit insurance is a type of coverage that provides financial protection for personal possessions where they are being kept. Possessions can be protected against risks such as damage from weather and vandalism, or from theft. A storage unit insurance policy is meant to cover the items locked away off-premises from your home such as a house or apartment. While a homeowners’, renters’ or business policy may provide some coverage for what is locked up,…

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How does home insurance protect the gifts you bought on Black Friday?

Logan B.
Home Insurance - Gifts

Many people forget to make sure they have the necessary coverage for big ticket items. While consumers shop for the best deals on the hottest holiday gift items this year, many forget to consider the way that home insurance factors into the situation. It’s not uncommon for homeowners to be unaware of the coverage they need in case the worst should happen. Home insurance companies across the country are hoping to spread the message that standard policies will provide some protection in case gifts are stolen from within the home…

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Renters insurance coverage protects tenants from more than they realize

Nordstrom
Renters insurance coverage - For Rent sign

This lack of understanding means many people don’t value it as highly as they might with information. Most tenants are aware that renters insurance coverage exists, and while most done realize how affordable it actually is, even more don’t realize how much coverage they receive within the bounds of one standard policy. Many people believe these policies are meant exclusively to cover stolen or damaged possessions. The reason renters insurance coverage is often interpreted this way is that it is also often known as contents insurance. This implies that the…

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Allstate, GEICO, and Allianz enjoy prospering worldwide renters insurance market

Marc
Renters Insurance Market - money - prosperity

The results of a new study have shown that insurers are enjoying a thriving sector. According to the outcomes published in a new renters insurance market report, the sector is thriving worldwide. Insurance companies such as GEICO, Allstate, Esurnce, Allianz, and Shelter Insurance & Mercury Insurance are all prospering according to the “Southeast Asia Renters Insurance –Market Development Scenario.” The study examined the strong successes these players are enjoying in this particular market. The report looked at the renters insurance marketplace using both qualitative and quantitative market data. It also…

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The Average Monthly Cost of Renters Insurance

Guest Author
Renters Insurance

If you are a tenant, it is imperative that you invest in renters insurance  to protect your personal property. While the landlord does carry insurance  to cover the property, renters insurance is designed to cover potential claims that can affect you as a tenant. Personal property, loss of use, and liability coverage are the most common coverage options offered by a renter’s insurance contract. If you understand what these specialized property insurance contracts cover and how much you can expect to pay for coverage, you will get peace of mind…

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