Renters Insurance

Here's something you might consider interesting: the five major things that renters insurance will cover, in order of what our insurance agents consider to be most important.

1 - $20,000 for your personal property, such as furniture, clothes, appliances, electronics, etc.  You can save $20 a year by accepting 'actual cash' value in the even of a claim, but if you can even name one thing that you'd want the original cost of reimbursed, then we suggest you pay the extra $20 a year for replacement cost.

2 - Paid hotel and food expenses up to 12 months in case a covered peril (i.e. lightning, fire, windstorm, weight of ice or snow, theft, etc.) forces you out of your living space.  This is great for families, as you would be able to maintain privacy, etc.

3 - Liability coverage, in case someone trips on your sidewalk or doormat and sues you for not keeping it orderly, or you hit someone with your tee shot on the golf course, or accidentally turn off the heat in the winter and cause the pipes to burst and flood the house. (This happened to some of our renters last winter!)

4 - Medical payments to help waive a health insurance deductible in case no negligence can be determined (thus liability coverage couldn't be exercised).

5 - $1,000 identity theft coverage (easily upgraded to $10,000 for an additional $0.58/month).