Renters Insurance

6/21/2016 (Permalink)

Water damage, structure fire, sewer back up, or plain bad luck.

We have been working with a number of property managers lately as apartment buildings have been flooded by a leaky pipe, set ablaze by unattended soup stock, or lit up by an overzealous candle and put out by tons of water from even more overzealous firefighters. The structures were covered by insurance. We dried them out, cleaned them up and made it “Like it never even happened.”

The renter’s belongings…not so much. They are NOT covered by the building owner’s insurance.

Either way it happens one thing is for sure you better have renters insurance for your belongings.

I recently read that over 60% percent of renters do not carry insurance.

Get renters insurance.

Talk to an agent.

Know the policy.

How much stuff do you have?  What’s it worth?

Does your roommate need insurance too? YES!

Talk to those you trust. They will give you names of insurance agents that care about you and your stuff. That’s what they do.

For the cost of a latte a week, about $16 a month, you can have the security that you need.

A recent fire affected 13 units in an apartment building. We helped one family with their contents. One family had all of their items dried, cleaned, restored for immediate quality of life and preserved for future generations. The other 12 households didn’t have insurance. That’s 1 in 13 that were prepared.

Are you prepared?

It’s called renters insurance…and you need it.