Adulting is hard. insurancing is easy.
 | Most millennials know that “Adulting is Hard.” From laundry to cooking dinner, paying rent or even staying home on a Friday night. What about insurance? According to a study by Princeton Survey Research Associates International for InsuranceQuotes.com, 2016, 66% of 18- 29-year-olds rent their homes and nearly 70% of them don’t have renter’s insurance. So, while “Adulting is hard. Insurancing is easy.” |
For the next few weeks, I’ll be posting about renter’s insurance. We’ll examine “Why you need a Renter’s Policy, 4 things you need to consider and 5 questions to ask your insurance rep about Renter’s Insurance.”
Why you need a renter's insurance policy
Many renters don't realize how they could benefit from having an insurance policy that can protect their valuables in a life-changing event such as a fire or theft. If you assume that damage to your property in your rental home will be covered by your landlord's insurance policy, you are making a mistake. Owners of rental properties typically purchase only enough insurance to repair or replace their structures and cover their liability. Insuring your personal property is up to you.
If you suffer a loss to your personal property or become the victim of a theft or fire, your landlord may be sympathetic. But he or she may bear no responsibility for replacing your property.
Renters insurance offers the same general personal property coverage as homeowner’s insurance. It helps protect you against losses from such mishaps as theft, fire, lightning, vandalism, windstorms and water damage from broken water pipes. Read more…
How Much Will Your Renter’s Policy Cost?
Considering the broad protection, renter’s insurance policies are relatively inexpensive. In 2014, the average annual premium in the U.S. was $190. The cost is low because renters don't need to buy insurance to protect their homes, only their contents.
At Suburban Brokers, we make insurance easy. You’ve worked hard for what you have. Let us help you protect your personal property.
Renters insurance offers the same general personal property coverage as homeowner’s insurance. It helps protect you against losses from such mishaps as theft, fire, lightning, vandalism, windstorms and water damage from broken water pipes. Read more…
How Much Will Your Renter’s Policy Cost?
Considering the broad protection, renter’s insurance policies are relatively inexpensive. In 2014, the average annual premium in the U.S. was $190. The cost is low because renters don't need to buy insurance to protect their homes, only their contents.
At Suburban Brokers, we make insurance easy. You’ve worked hard for what you have. Let us help you protect your personal property.
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