| Are you a renter wondering if a renters insurance | | | | item, period. |
| quote is something you really need? Well, if you're | | | | Deductible |
| undecided about this coverage here are some | | | | You'll need to choose a policy deductible. Standard |
| things to think about. A home or apartment | | | | deductibles are $100-$250 and $500. Of course, |
| renter insurance policy will replace your contents in | | | | the higher the deductible, the lower the policy |
| the event of a fire, burglary and other perils, as | | | | premium. |
| we all know. That's important enough, but this | | | | Loss Of Use |
| type of policy also covers you in many other | | | | Every home or apartment renter insurance policy |
| ways. | | | | includes protection from loss of use. If you can't |
| If you, or a friend, were to damage the landlord's | | | | live in your apartment for any reason, your policy |
| property, your policy would cover the damages. If | | | | will cover the expenses of food and lodging until |
| someone were to get hurt you'd be protected by | | | | you can move back in. |
| liability coverage and the list goes on. Here are | | | | Other Coverage Options |
| some of the main pieces to a renter's insurance | | | | Do you have expensive jewelry or other |
| policy. | | | | collectibles? You can add on endorsements to fully |
| Contents Coverage | | | | cover these items in the event of a loss. This |
| I always recommend having replacement cost | | | | includes furs, electronics, etc. |
| coverage on any policy. If you don't then you'll | | | | How much is renters insurance? It's very |
| get the actual cash value, and depending upon the | | | | inexpensive, and depending on where you live it |
| age of the property, could be pennies on the | | | | may only be $20 a month for $25,000 in |
| dollar. | | | | contents coverage. I think you can see the value |
| Replacement cost coverage is very inexpensive | | | | of having a home renter's insurance policy if |
| and means that if you have a covered loss, you'll | | | | you're a renter. The low cost and high benefits |
| be reimbursed the current cost of replacing the | | | | make them a real asset. |