ALASKA RENTERS INSURANCE
Alaska state residents renting their living spaces from Anchorage to Juneau and all across the state can benefit from great deals on Alaska renters insurance. It is true that the 49th state in the union does have higher than average cost of living. But even so, renters can still find bargains on insurance to protect their possessions, paying a small price each month for the peace of mind that comes with being covered. According to the National Association of Insurance Commissioners, the average cost of a renters insurance policy in Alaska was about $182 per year as of 2006 . For around 50 cents a day you can have $20,000 worth of coverage, making Alaska renters insurance a great value.
Many renters are either unaware of the availability of this type of coverage for their possessions, or hesitant to spend money on coverage while they are renting. Many people who are renting are saving money to buy a home someday, and the thinking tends to be that any unnecessary expenditures make their dream of home ownership that much more difficult to achieve. But Alaska renters insurance is such a value as far as price is concerned that it really does not affect your bottom line as much as you might think. And what's more, having the coverage in place if something ever happens to you while you are renting in Alaska will do so much to help your bottom line that it is more than worth the small upfront cost.
How to Find Affordable Alaska Renters Insurance
Once you are aware of the market for Alaska renters insurance and you understand the value it represents for renters in Alaska, you will surely want to find out more about what you can do to price out and purchase an insurance plan that works for you. Alaska renters insurance protects all your possessions against loss, covering them at their full replacement value. It is very simple to do the legwork necessary to gather competing quotes on your insurance policy. To get started, compare quotes online from different competing companies.
This site is a handy guide designed to aid you in your search for Alaska renters insurance. Enter your zip code in the box at the top of the page and follow the prompts and you can end up with multiple competing quotes for your coverage. Carrying renters insurance coverage is important for our state residents especially, because it can be such an arduous process to replace damaged or stolen property if your rental home is in a remote area. For a rather minimal price, you can protect yourself from the wide range of possibilities for property loss as a resident of Alaska.
Maybe more so than any other state in the country, Alaska is such an untamed land that the possibility of something happening to compromise your possessions is very real. Extreme weather, vast areas of untamed wilderness and sparsely populated terrain combine to make our state uniquely prone to situations resulting in property damage or loss. You can protect yourself very easily and economically with an Alaska renters insurance policy that covers you when the unexpected occurs. A solid insurance plan can protect you and work as a safety net against the possibility of loss.
Shop for Price and Coverage in Your Renters Insurance
While you are price comparison shopping for Alaska renters insurance, do not limit your comparisons between the various quotes you gather to policy cost alone. Make sure the policy you choose provides the coverage you need. For example, differences in coverage may exist between companies with respect to natural disasters such as fire or lightning strikes. The state also has unique natural resources that can quickly turn into possible sources of insurance claims, such as Mt. Redoubt, an active volcano. Make sure whatever renters policy you choose gives you a hedge against acts of nature which are a part of life here.
Other examples of nature causing damage to personal property in Alaska include snow and ice damage, property loss or destruction from earthquakes, and so on. State residents often live here because it is truly the last remaining untamed frontier in the country. While the wild natural surroundings in much of the state provide for picturesque scenery not seen anywhere else on Earth, residents understand that the flip side of that beauty is nature's often violent and destructive power. As a resident here, you need to be protected. In the event of a natural disaster or other incident wiping out your belongings, you would be faced with starting over with no compensation for your loss if you were not carrying an Alaska renters insurance policy.
On top of providing coverage for your own personal belongings, your Alaska renters insurance policy also protects you from financial liability in the event of an accident or injury suffered by someone else while on your rental property. This protection can help you avoid crippling fees that can come about in the wake of such accidents. This is just another example of the potential benefits of coverage far outweighing the monetary costs.
Alaska renters insurance is a great value for residents who do not yet own their own home. It offers a great return on investment both financially in the case of a claim and in less tangible ways. Although the average price of coverage in Alaska is already inexpensive, there are a number of ways you can work to reduce the cost of your policy. For example, you may not be aware that many automobile and life insurance companies also offer coverage for people renting their home. This fact opens up the possibility of multi-policy discounts. You may already be taking advantage of this type of discount on your other policies. Adding renters coverage to your overall plan can save you a great deal of money. In some cases, the savings may be enough to pay for your rental coverage in its entirety, giving you more protection for your money.
Just like with your automobile coverage, your Alaska renters insurance policy comes with a preset deductible level, an amount which you would have to cover before receiving any compensation in the event of a claim. Your deductible can be set at several different levels, each of which would influence your policy premium one way or another. If you are concerned about the cost of your insurance, consider adjusting your deductible level to see how it affects your premium. Bear in mind the difference in out of pocket cost that would result, and weigh that difference against the policy premium savings on your Alaska renters insurance.
Have Confidence in Your Alaska Renters Insurance Provider
Before making any final decisions on a plan, be sure you are confident in the renters coverage provider you have chosen. Like anyone renting a home in Alaska, you can greatly benefit from coverage, but you need to be sure your provider is the right one. If your current rental coverage provider is in good standing with consumer advocacy agencies and has a solid reputation in the community, you can feel.
So what are you waiting for? Compare cost and coverage details from from leading Alaska insurance companies today. Our service provides free renters insurance quotes thouroughout the Alaska cities of: Anchorage, Fairbanks, Juneau, Ketchikan, Kodiak and more...
 http://www.insure.com/articles/homeinsurance/average-home-premiums.html Retrieved 2009-10-26.