Tag: Renters Insurance

Renters insurance now being offered by Esurance in Wisconsin

Ben Jones
esurance renters insurance

Tenants in the state are being offered coverage for as little as a monthly ten dollars. Esurance, an insurer that is best known for its direct to customer auto coverage, is now offering Wisconsin tenants a new renters insurance policy to cover their possessions. This protection is being sold to consumers in the state for premiums as low as ten dollars. The new renters insurance coverage is being offered as an add-on to the auto insurance policies already available through the company. It is available to both existing Esurance customers,…

Read More

Renters insurance options that are available when a home is leased

Nordstrom
Renters Insurance

What tenants should know about protecting their possessions. Renters insurance is one of the only ways that tenants can protect themselves against the destruction or loss of their possessions while renting an apartment or house. The NAIC says that a tenant’s contents aren’t protected by a landlord’s coverage. One of the most common misconceptions about coverage, says the National Association of Insurance Commissioners (NAIC), is that the belongings of tenants, contained in the rental property, are covered by the policy of the landlord. Many people think that renters insurance is…

Read More

State Farm Florida looks to raise rates on rental property policies

Adrian Flemming
Florida homeowners insurance - homes in Florida on coastline

Insurer confronted with criticism concerning rate increase proposal State Farm Florida Insurance is looking to raise rates on rental property premiums throughout the state, a fact that has been criticized by some Florida officials and consumer advocates. The rate increase would affect approximately 33,000 policies throughout Florida, including apartment buildings and homes that are rented out by landlords. State officials and consumers advocates are questioning the rationale behind the proposed rate increase because State Farm no longer writes new business in the state and has not done so for some…

Read More

Renters insurance purchased by less than half of tenants

Julie Campbell
Renters Insurance

Though people who rent their homes are aware of the risks, less than 50 percent buy coverage. The data from the U.S. Census Bureau, in combination with a renters insurance survey performed by Allstate, has shown that only 45 percent of tenants have purchased coverage. Still, tenants have a fear that fire will destroy their possessions. Moreover, 54 percent of the survey respondents indicated that it would take a minimum of three years to replace their possessions if they should ever be lost to a fire or other disaster. Though…

Read More

Middletown Common Council chambers hear strong opposition to dog insurance proposal

Pet insurance liability issue grows in Middleton The Middletown Common Council chambers were filled to the limit on April 3, when, one after the next, individuals representing themselves or various organizations spoke up against a proposed law that would force renters to obtain insurance if they own a dog that weighs over 50 pounds. The opposition to the proposal was very strong and brought up a number of different objections to it. Among them, for example, were that it would cause landlords to be less accepting of tenants who own dogs.…

Read More