Suburban® Brokers Inc.
201-796-1881
Monday - Friday 9:30 - 5:00
Se Habla Español
  • Home
  • About
    • Our Team
  • Services
  • Homeowner
  • Business
  • Auto
  • RV
  • Claims
  • Contact
  • Blog

Why You need renter's insurance

3/26/2017

7 Comments

 

Adulting is hard. insurancing is easy.

Picture
​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

Picture
​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.
Picture
7 Comments
kate hansen link
6/23/2020 05:39:12 pm

I loved how you mentioned that it can help with protecting you if a fire were to happen. My sister and her husband are planning on moving into a rental home in a couple of weeks, and they're wondering if they should look into getting insurance for it. I'll make sure to pass this information along to them so that they can know the benefits of getting renters insurance!

Reply
Alicia Byrne link
7/9/2020 12:06:36 am

I think you made a good point on buying renters insurance so that we can protect ourselves from unpredictable events such as a fire. I am thinking of renting an apartment for myself as I will be starting my work in a new area soon. I will definitely consider a renter's insurance policy when I rent an apartment.

Reply
Jonathan Hansen link
11/25/2020 12:46:20 pm

It's interesting that you mention that renters insurance can cover the cost of your belongings in case there is a fire in the home that you are renting. I just got my first apartment with my girlfriend, so it sounds like I should buy a renters insurance policy. I'm going to search for a reputable business that can sell me some renters insurance.

Reply
Sidra link
6/2/2021 12:34:20 pm

Hello,
This is a very good article regarding <a href="https://www.top1insure.com/3-main-areas-protected-by-renters-insurance-that-will-help-you-in-the-future/">Renters insurance</a>. I love to read your article. you have such a unique content. The way of writing is mind-blowing.
Thanks for giving us such a great post.
keep sharing and posting.
Best wishes,
Top1insure

Reply
Mia Evans link
7/30/2021 11:01:59 pm

Thanks for pointing out that the renter's insurance policy will be able to protect you and your property if there are instances of theft or fire. I hope that I get this kind of coverage when I rent an apartment this coming August. I just need to stay in another town for a year or two due to my assignment, so I hope to get the right insurance coverage to protect me while I live there.

Reply
Karissa K link
10/10/2021 09:18:29 am

Thanks for the great idea, it helps widen the knowledge of people not just for those who wanted it, but specially for those who needed renter's insurance in austin,
keep posting informative and helpful articles
ATX Insurance Services

Reply
Good Life link
5/25/2022 01:32:46 am

Hi dear
Thank you very much for this useful article so we are provide financial inclusion as well.
<a href=https://goodlifefinancial.in/>Financial services in varanasi</a>

Reply



Leave a Reply.

    BLOG
    ​Leighton Annis

    At Suburban, we've been getting personal since 1956!

    Request A Quote
    View my profile on LinkedIn

    Archives

    March 2020
    February 2020
    December 2019
    October 2019
    August 2019
    July 2019
    May 2019
    April 2019
    March 2019
    January 2019
    December 2018
    November 2018
    September 2018
    August 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    August 2016

    Categories

    All
    Auto Discount Savings
    Auto Theft Prevention Tips
    Back To School Safety
    Boating Safety For Children
    Boating Safety Tips
    Business Owners Policy (BOP)
    Car Insurance Discounts
    Cloud Hacks
    Cold Weather Essentials
    Computer Fraud
    COVID-19
    Cyber Crime Coverage
    Cyber Insurance
    Cyber Threats
    Data Breach
    Distracted Driving
    Driving Safety Tips
    Federal Flood Insurance Program
    Fire Prevention Month
    Fire Prevention Week
    Fireworks Safety
    Flood Damage
    Handling A Car Accident
    Home Escape Plans
    Home Safety
    How Car Insurance Rates Work
    Insurance
    Jewelry Insurance
    Power Outages
    Protect Your Possessions
    Renter's Insurance
    Small Business Insurance
    Smart Home Kits
    Smoke Alarms
    Travel
    Travelers Billing Relief
    Travelers Insurance
    Umbrella Insurance
    Vacation
    Valuable Items Insurance
    Wedding Ring Insurance
    Winterize Your Car
    Winterize Your Home
    Winter Survival Kit

    RSS Feed

Picture
Picture
Since 1956, Suburban Brokers Inc. is the original insurance agency providing personal, appropriate coverage for all of your insurance needs.
Serving New Jersey, New York and Pennsylvania
​ Se Habla Español
Read our Blog
Phone:  201-796-1881
Fax:       201-797-6689
6-16 Saddle River Road
P.O. Box 400
Fair Lawn, NJ 07410
Email: info@suburbanbrokers.com

Picture
View our Privacy Policy
Select Language to translate website
Website by LMS Consulting