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What is Renters Insurance, and How to Get it For Free

May 1, 2012 By Leave a Comment

With home interest rates climbing, and home foreclosures going up, more and more people are renting instead of buying. But very few people choose to get renters insurance, which can be as little as $ 10 a month.

Of course there’s an asterisk. But you don’t have to look for the small type with a catch. Many insurance companies offer discounts on their auto insurance when you also have renters insurance. This discount on the auto insurance can more than pay for your renters insurance. So call your insurance agent to check on these discounts.

Renters insurance can be as little as $ 10 a month. As a Farmers Insurance agent in Colorado, I have many clients who pay more than $ 100 a month on their auto insurance. With the 10% discount for having their renter and auto insurance together with me, they save more on their auto than what the renters insurance costs. That is how to get free renters insurance!

Renters insurance gives you many of the coverage that comes with a home insurance policy. Of course there is personal property coverage, which replaces your belongings if your place is destroyed by fire or a storm. On this, make sure you have the replacement coverage option. For example, if you have a 10 year old television, and you do not have the replacement coverage option, your insurance company will figure out what your 10 year old t.v. is worth today instead of replacing that t.v. with a new t.v.

But what people do not realize is the other coverage that come with a renters insurance policy. There is Loss of Use coverage, which gives you money to pay for another place to live while your home or apartment is fixed from damage. There is Guest Medical coverage, which helps pay for injuries to your guests while at your home or apartment. There is also Personal Liability coverage if someone were to sue you.

All you have to do with renters insurance is decide how much coverage you need for your personal property. When you have homeowner insurance, the personal property amount is a percentage of what it would cost to rebuild your home. If you are just starting off in a small apartment, maybe $ 10,000 is enough. Or maybe you need $ 50,000 coverage. Your insurance agent can help you figure out that number.

So if you are renting a home or apartment, take a minute to call someone about renters insurance. It costs less than you think!

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Tenants Insurance – Obtain Online Renters Insurance

November 7, 2011 By Leave a Comment

Tenants Insurance is the best way to save valuable Contents of Tenants. Renters have to buy their own policies. They are responsible for purchasing and monitoring it. The landlord’s house content insurance will cover only those assets that are owned by him. 

If you are renting out your house, then the property insurance owned by you will cover only the building or apartment that is set on rent. It won’t cover the assets that you have given to your renter for using. The Renters are responsible for all the things used by them. It might not be the property of the renter but, they are responsible for any damages or loss of the assets. If you are giving a fully furnished apartment for rent then you will probably provide various things like Washer, Fridge and etc to your renter.

Huge money is required to repair the damages of these costly things. It is not possible for you to spend that amount of money required for repairing the things. Even your renter will not show interest to repair those things as these are not his or her property. In that case Tenants Contents Insurance is the best. The insurance company will be responsible for spending money for repairs.

 The Online Tenants Insurance is very popular nowadays! Renters just need to search for it over the internet and select one. There are lots of insurance companies that will be shown by the search engines if you search seriously. You should get all the quotes and compare each one with other. You should select only reliable company as you are doing the entire process online. You have to be very conscious while choosing online tenants insurance company.

Always read the terms and conditions before selecting the best Renters Insurance Quotes.

Failing to buy Tenants Insurance will later cost you thousand$ of dollars. Act now and visit Tenants Insurance today!

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Texas Apartment Renters Insurance

November 5, 2011 By Leave a Comment

Article by G. M. White

The good news for Texans is that apartment renters insurance is a very low cost investment to make in both peace of mind and financial protection. Even better news for Texans is that the low cost of renters insurance can be further reduced by a number of very simple factors. George White, founder and owner of Texas Auto Home Insurance headquartered in Houston, TX, specializes in finding the best available rates on low cost apartment renters insurance. George works to provide every client with the most affordable premiums possible and the most reliable and effective coverage by determining just how many of these factors can be used to adjust premium costs in favor of the insured.

The first factor that may result in comparatively low cost apartment renters insurance is claim history and financial scores. It stands to reason that those who have few or no previous claims should be rewarded with lower premiums. If your current carrier is not rewarding you for this, call us and let us try to help you. Also, if you have excellent credit and feel you are paying too much on your premiums, you may very well be. We will be happy to offer our professional opinion of what the market has to offer and see if we can reduce your rate through our sources. We can also look into the possibility of offering you renters insurance at low cost if you live in a dwelling occupied by at least one adult during the day. Stay at home mothers and fathers should especially take note of this benefit and call to see if they qualify for a discount.

Location also helps determine premium rates for low cost apartment renters insurance if the complex features security measures that reduce the likelihood of property crime. Gated communities and recently built loft apartments feature floor plans and outdoor/indoor access points that make breaking into an apartment extremely difficult, if not impossible. As apartments tend increasingly toward long-term residences with all the amenities and benefits of a purchased home, security measures also increase within these rental communities. Many newer lofts and condominiums feature centrally monitored alarm systems and local burglar alarms. If you live in such a building, you may very well qualify for low cost apartment renters insurance.

Texas Auto Home Insurance can quickly determine if you qualify for apartment renters insurance at a lower cost by asking you a series of very short and simple questions about the nature of your security system. Once we determine the basics, we will then work to determine the best policies and rate combinations in Texas for apartment renters insurance at low cost and find you the very best coverage and premium options the market can bear. In addition to the overall low cost of apartment renters insurance, most policies now extend coverage to include protection against identity theft. As criminals today will utilize a social security number or credit card number if they can obtain it, we seek to further protect our insured by offering this indemnity against potential credit ruination and fraudulent practices.

For over twenty-five years, George White and the staff of Texas Auto Home Insurance have diligently worked with the people of Texas to provide them the very best and most affordable coverage through a wide range of underwriting and claim experience. Now, with low cost insurance for apartment renters and those renting houses, tenants can enjoy more protection at more affordable rates than ever before. Call today to see just how much peace of mind we can add to your world.

College students and young adults should look into purchasing renter’s insurance. Contact info: Cole@Tomberlain.com 903-753-2609 903-806-3338
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Tips For Saving Money On Self-Storage Rental Fees

November 2, 2011 By Leave a Comment

Renting a self-storage unit isn’t as simple as choosing the most convenient location and locking your possessions inside a garage-type storage space. Smart consumers always compare prices and features before making large investments in goods or services. With new self-storage facilities popping up every day, most consumers have the choice of several within their local area.

The monthly rental fees may seem reasonable enough, but there are hidden costs that you must consider before choosing the best storage unit for your needs. Self-storage can be costly, but you can save money on your self-storage rental fees with these tips:

Don’t get a larger unit than you need.  Units are priced by the square foot, and there’s no point in paying for empty space. Well-trained self-storage facility staff members will be able to help you decide how much storage space you need and give you tips on how to pack it most efficiently. Choose another facility if the staff doesn’t seem to know their business.

Long-tem discounts. Ask about long-term storage discounts if you plan to occupy your unit for more than six months. The self-storage contract may require that the full amount is paid up front, or that your payment is secured with a debit or credit card.

Insurance. Your homeowners’ policy may cover your belongings kept at a self-storage unit facility, but probably won’t insure them if they’re stored in a container made from an old semi trailer. Self-storage units usually offer insurance based on square footage of the individual unit, and you may find yourself over- or under-insured. Consider your insurance options before you commit.

Automatic payment arrangements. Late fees are incurred when your rent is past due. Avoid these extra charges by setting up an automatic payment arrangement by debit or credit card so you know your rent is paid on time.

Transportation. The costs of moving your belongings in and out of the unit is part of your self-storage expense. Facilities may have trucks that renters are allowed to use for the cost of gas and insurance. Moving your belongings yourself is the cheapest way–although it may cost you a keg and a pizza to get some friends to help. Pre-packing your household goods for professional movers will keep expenses down.

Do you need self-storage at all?  Self-storage facilities can be a convenience for families or college students who are between moves, homeowners who are remodeling and need temporary storage, and small business owners who need extra storage space for office supplies and tools of the trade.

Long-term storage of overflow household junk is not cost effective at all; you may end up paying rental fees higher than the value of your possessions. Give away, sell, loan or donate whatever you can bear to part with, and see if you can store the rest in mom’s attic or a friend’s spare bedroom.

In my humble opinion as an experienced buyer of abandoned self-storage units, most units that are foreclosed upon are full of stuff that would have been better of donated to the thrift store. The renter just gets tired of paying to store possessions he doesn’t know what else to do with. These units are declared abandoned and sold at public auction, and earnings are applied to the past due rent. The evicted renter is still liable for the balance, and may incur court costs if he/she doesn’t pay up. Prevent your storage unit from foreclosure by always paying your bill on time!

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Insurance Facts For Renters

November 1, 2011 By 1 Comment

It is estimated that 75% of renters do not have rental insurance, while most homeowners are required to. Many renters are under the impression the homeowner’s/landlord’s insurance will cover anything that may arise; this is not the case.

Generally, except under special circumstances, the owner is not legally responsible for the loss to the resident’s personal property, possessions or personal liability, and owner’s insurance will not cover such losses or damages.  

If damages or injury to owners property is caused by resident, resident’s guest(s) or child (children), the owner’s insurance company may have the right to attempt (under the “subrogation clause”) to recover from the resident(s) payments made under owner’s policy.  

Following is a non-inclusive list of examples of possible costly misfortunes that, except for special circumstances, you could be held legally responsible for:  

Your babysitter injures herself in your unit.
Your defective electrical extension cord starts a fire, which causes damage to the building and your personal property and or the personal property of others.
 A friend, or your handyman, is injured while helping you slide out your refrigerator so you can clean behind it.
While fixing your television set, a handyman hired by you is injured when he slips on the floor you have just waxed.
Your locked car is broken into and your personal property, and that of a friend, is stolen.
A burglar breaks your front door lock and steals your valuables or personal property.

If you desire to protect yourself and your property against loss, damage, or liability, it is strongly recommended you consult with your insurance agent and obtain appropriate coverage for fire, theft, liability, workers’ compensation and other perils.  
The cost is extremely reasonable considering the peace of mind, the protection, and the financial recovery of loss that you get if you are adequately protected by insurance.

RentersInsuranceSecrets.blogspot.com Find Information and links about why you NEED Renter’s Insurance, where to get it, and what it will cost! Most people believe they don’t need it until its too late! Apartment fires and house fires can happen anytime… Make sure you are protected! RentersInsuranceSecrets.blogspot.com
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What You Need To Know Before You Rent Your House

October 30, 2011 By Leave a Comment

As a property owner and a new landlord I began my search on what I needed to know before I rented my property. I first started at the library and looked up books on what I needed to know about the entire process before I rented my house out.

What I found out and what I learned has made me feel comfortable and well informed. 

The following list are some of the things I wanted to learn about. After hours of research I realized I needed much more information to be a well informed landlord.

Below are some of the questions I was asking myself.  

1.) How much money you can get for your property monthly.

2.) Do I want to allow pets and if so how much extra should can I charge.

3.) Do I want a rent or lease my house and what is the difference.

4.) How much do I charge for a security deposit.

5.) What is the process for screening tenants. 

6.) Where do I get rental or lease agreements.

7.) Do I continue with my property insurance or get some other kind.

8.) What if my tenants don’t pay.

9.) What happens if a tenant gets hurt on my property.

10.) How do I resolve a dispute with a tenant.

The ten questions above were just some of the questions I was asking myself.

Putting a “for rent” sign on the window and listing my house on craigslist.com was the easy part. I got requests to rent my home two days after putting signs on my window of my home. That happened to be the easy part.

What you need to know before you rent your house?

 This is a question that I hope to answer for you in this article and give you the correct resources to achieve your goal.

Each property and where it’s located will have a variety of factors that will be unique and the questions you want answered will vary. You will want to price your home at the price that best suites your particular needs, you must run a credit check or back-ground check to protect yourself. If a potential renter tells you they have bad credit I probably would not spend the money on a credit check but I would run a background check. For example: the person you are renting too works for the government and has your rent money sent to your bank on the first of each month through a payroll draft. You will need simple legal forms, a security deposit and much more.

Through all my research at book stores, libraries, Internet web sites, etc. I found one particular source where I got simple legal forms, answered all my questions and had much more information that I was unaware that I needed. 

I purchased ”Every landlord’s legal guide” from Best Buy for around .00. I recommend this CD ROM -booklet because it has everything I needed to feel comfortable about being a well informed landlord and took all the stress I was having away within minutes of downloading it into my computer.

To be a well informed landlord you will need to know how to screen tenants, prepare a lease or rental agreement and understand the difference, basic rent rules, security deposits, discrimination, sublets, landlord’s duty to repair and maintain the property, landlords potential liability for tenant’s injury, landlord’s liability for criminal acts and activities, landlord’s right of entry. The CD contains 18 chapters for you the landlord and has legal forms that you download and make copies to have signed by you and the new tenant. I could go on and on about this Book-CD and how it has helped me feel comfortable that I’m being a well informed landlord. 

I’ve looked at a variety of good articles on the web about what a landlord needs to know before they begin renting properties, but so far nothing comes close to this Book-CD.

Good luck, and I hope you get all the information you need to feel as good as I do about renting out your property.

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Find an Insurance Agent- Renters Insurance is an Important Commodity!

October 27, 2011 By Leave a Comment

Article by Aaliyah Arthur

Find out if you need renters insurance. Find out what a typical renters insurance policy covers. It is inexpensive and it’ll give you peace of mind.

In today’s world, renters insurance is an important commodity. Apart from life insurance, people should also insure their possessions and household goods. It is worth noting that a landlord’s insurance policy only covers the house. It does not cover the items inside it. For instance, a landlord’s insurance policy will cover the ceilings, floors, and walls, but it won’t cover the furniture, computers, televisions, music players, exercise equipment, household appliances, etc.

Household accidents are like automobile accidents. It is not always your behavior that creates an accident. Sometimes people have to pay for someone else’s mistakes. You may live a safe lifestyle, but your neighbor may forget to turn off her stove or put out her cigarette. It only takes one fire to bring down a building to soot.

Hence, renters insurance is a must. If you live in an apartment or condo unit, you should purchase a renters insurance policy.The policy usually includes storms, fires, theft, explosions, volcanoes, hail, lightening, riots, damages that result from electrical surges, water damage, and falling objects. You can find out exactly what will be covered under your policy by speaking with an insurance agent.

If you’re thinking about purchasing renters insurance, make a list of all your belongings and keep it in a safe placeIt covers electronics, furniture, jewelry, tools, musical instruments, and other household items. When you make a list of all your valuables, you will soon realize that it will cost you a substantial amount of money to replace them if something happens.

Renters insurance is inexpensive. It costs much less than homeowner’s insurance. You can get quotes for a policy by contacting insurance companies. Furthermore, this enables you to speak with an insurance agent and get answers to your questions.

A typical policy may cost you anywhere from 0 to 0 a year. Furthermore, many insurance providers offer discounts to policyholders who take safety and security precautions. For instance, you may be offered a discount if you have security systems, fire alarms, or fire extinguishers.

Renters insurance policies also cover living expenses. If your apartment or condo unit becomes unlivable due to a viable reason, your insurer will pay you extra for your living expenses. They will pay you for living in another place until your apartment gets repaired or for a specific amount of time. The maximum amount of time that an insurance provider will pay someone’s rent is 12 months.

If you get hurt on your property, renters insurance may also cover your medical costs and legal costs if you decide to sue. Many people open the doors to a new apartment only to find out that their valuables are missing. Their computers, stereos, television sets, jewelry, and clothing are gone. It costs a lot of money to replace these things.

Fortunately, people can protect themselves against theft and other disasters by purchasing renters insurance. Whether it’s theft, fire, or even if someone gets hurt in your apartment, this type of policy will give you peace of mind. If you live in a condo unit or apartment, consult with an experienced insurance agent. An insurance agent can address your concerns and give you a quote for a policy.

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Average Cost Of Renters Insurance

October 26, 2011 By Leave a Comment

The Independent Insurance Agents and Brokers of America or IIABA revealed in one of their reports that the average cost of Renters Insurance is about 0 a year, a month or per week. The average cost is for an insured policy with a content replacement or property coverage of ,000 and liability coverage that amounts to 0,000. The computation of your premium rate actually depends on a lot of factors: age of your house (the older your house is the higher your premium cost); the area or location where you live (the high-risk area and the higher cost of living means higher premium rate); how much you are willing to pay for your deductible (the higher the deductible the lower the premium rate), and lastly is your insurance company.

Do you belong to the 2/3 of those who are renting an apartment or house and yet do not carry a renters insurance? Statistics were drawn out from IIABA’s consumer survey and was conducted by a third party through a national consumer telephone survey.

Out of the 1,000 people whom they’ve asked, 64.4 percent answered “no” to having a renters insurance policy even when the average cost of renters insurance is not that really expensive because this is the top reason and misconception of these individuals. There were at least 2.2 percent who answered “don’t know” which means that they are not aware that there exist an insurance policy designed for those who are renting.

To erase the misconception of an expensive premium cost for insurance policy of rental properties, here is the data about the average cost per state. The figures are based on the 2006 data of the National Association of Insurance Commissioners. The US countrywide cost is 9.

The state that has the highest average cost of renters insurance is Texas with 1 and the state that has the lowest average cost of renters insurance is North Dakota with only 9 and somewhere in the middle is Washington with 0.

Other states (arranged from highest to lowest) is as follows: After Texas, Mississippi follows with 2 as its average cost of renters insurance. Next in line are Louisiana (5), California (4), Oklahoma (0), Alabama/Massachusetts (3), New York (0), Arkansas (7), Georgia (5), Hawaii (3), Tennessee (8), Arizona (7), Nevada (5), Florida (1), New Mexico (0).

These are the states that the average cost are below 0 – Connecticut (7), Rhode Island (9), South Carolina (9), District of Columbia (5), Alaska (2), New Jersey (9), West Virginia (7), Indiana (3), Kansas (0), Colorado (9), Illinois (8), Missouri (6), Michigan (4), Ohio (3), Oregon (2), Kentucky (1), Maryland/Montana/Vermont (0), Delaware (9), New Hampshire (7), Wyoming (5), Idaho (3), Nebraska/Pennsylvania (8), Virginia (7), Maine (5), North Carolina (4), Minnesota/Utah (9), Iowa (2), Wisconsin (2), and finally South Dakota (0).

Now that you are aware of the average cost per state, you can more or less calculate how much you would have to save whether it is daily, weekly or monthly. After you make your computation, you would realize then that it is not really that expensive.

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Florida Renters Insurance – How to Get the Best Rate

October 24, 2011 By Leave a Comment

Looking for Florida renters insurance? Want to know how to get the best rate with a top company? Read on …

Renters Insurance

Many renters just assume that their landlord’s insurance will protect them. Not so. Landlord’s insurance only protects the building you live in, not your possessions.

Other renters think they don’t have enough possessions to warrant purchasing renter’s insurance. Take an inventory of all your possessions – clothing, furniture, appliances, electronics, tools, sporting equipment, jewelry, etc. Now total the value of those items. You may be surprised at how much your possessions are worth.

How Much Renters Insurance Do You Need

Personal property coverage – The total value of everything you own is the amount of personal property coverage you should have. A basic policy will cover ,000 worth of property and will cost somewhere in the neighborhood of 0 to 5 a year. If you have more than ,000 worth of possessions you can increase your coverage.

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Liability coverage – This coverage pays for medical expenses, damages, and legal fees when someone hurts himself and sues you. Most people opt for 0,000 worth of coverage, but depending on your circumstances, you may need more or less liability coverage to protect your assets.

Loss of use coverage – This pays for your living expenses – hotel bills and restaurant bills – when you need to move out of your home temporarily because of fire damage or other causes. Most policies also pay your living expenses up to two weeks if you’re force to evacuate your home by civil authorities.

What’s Not Covered by Florida Renters Insurance

A standard renters insurance policy does not cover damage done by earthquakes, flooding, and now with some policies – hurricanes. If you live in a flood or hurricane zone, you’ll need to get additional insurance to cover these events.

Where to Get the Best Florida Renters Insurance Rate

The best way to get the best Florida renters insurance rate is to compare rates from different companies. The easiest way to do that is to go to an insurance comparison website where you can get quotes from a number of companies. All you do is fill out a simple questionnaire, then wait for your quotes.

The best sites feature a toll-free telephone service and an online chat service so you can get answers to your renters insurance questions from insurance experts. (See link below.)

Visit http://www.LowerRateQuotes.com/renters-insurance.html or click on the following link to get Florida renters insurance quotes from top-rated companies and see how much you can save. You can get more insurance tips in their Articles section.

The author, Brian Stevens, is a former insurance agent and financial consultant who has written a number of articles on Florida renters insurance.

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How to Get Cheap Renters Insurance in Chicago

October 23, 2011 By Leave a Comment

Looking for renters insurance in the windy city? Here’s how to get cheap renters insurance in Chicago with a reliable company.

What Renters Insurance Covers

Renters insurance protects your personal property. If any of your personal property is stolen, or is damaged by vandalism, fire, smoke, storms, explosions, or water damage, your insurance company will pay to replace it.

Renters insurance protects your assets from liability lawsuits. If someone is injured in your home and sues you for damages, your insurance company will pay for that person’s medical expenses and property damage bills. It will also pay your legal fees and court costs.

Last, but not least, renters insurance covers your expenses when you have to move out of your home while it’s being repaired. If your home is damaged by vandalism, fire, smoke, storms, explosions, or water damage, your insurance company will pay your hotel, motel, and restaurant bills, and any other additional living expenses you incur.

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How Much Renters Insurance You Should Have

To figure out how much personal property coverage you need, total up everything you own – clothing, electronics, furniture, appliances, kitchen utensils, tools, etc. – and use that total as your insurance amount.

To figure out how much liability insurance you need, total up all your assets – saving accounts, checking accounts, CDs, stocks, bonds, etc. – and use that total as the least amount of liability coverage you should have.

What Chicago Renter Insurance Costs

Renters insurance is relatively cheap, costing anywhere from 0 to 0 a year for ,000 worth of personal property coverage and 0,000 to 0,000 worth of liability coverage.

Where to Get Cheap Renters Insurance

In order to get the best price on anything you have to comparison shop, and the same holds true for insurance.

When it comes to shopping for renters insurance you have three choices: 1. Spend a day calling local agents. 2. Spend half a day visiting insurance company websites. 3. Spend a few minutes at an insurance comparison site where you can get rate quotes from multiple insurance companies (see link below).

Visit http://www.LowerRateQuotes.com/renters-insurance.html or click on the following link to get Chicago renters insurance rate quotes from top-rated companies and see how much you can save. You can get more insurance tips in their Articles section, and get answers to your questions from an insurance expert by using their online chat service.

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