What People Are Saying
Thanks for making it easy to find the cheapest renters insurance. Knowing our stuff is always protected gives me peace of mind.
Matt and Bethany, Seattle WA
HOME CONTENTS INSURENCE
Obtaining home contents insurence should be a fundamental part of living on your own. Safeguarding that which belongs to you is instinctual. When you secure home contents insurence you are taking care to make sure you are protected today and as you go forward through life. It's the responsible thing to do.
Going and growing through life's ever changing landscape means you will acquire possessions and realize personal and material goals on your way. You've taken care to make your environment-whether a house, apartment, or condominium,-a reflection of your good taste. Your possessions speak to your personality, your lifestyle and your memories. You want to make sure nothing happens to threaten these precious treasures.
Why You Need Protection
However careful you may be, you can't always prevent catastrophes from happening. Owning a house, or renting your home, you're vulnerable to the conditions around you. Floods, fires, natural disasters, theft, can all occur at any time, leaving you powerless to protect those contents which you hold dear.
While there isn't much you can do to prevent disasters from happening, you can prevent total loss due to destruction. Secure home contents insurence estimates and at least you'll know your investment in your personal property is protected. If you should suffer a loss, you'll be compensated for that loss and there won't be any need to begin again with nothing to show for all your hard work and the life you've lived.
Many renters aren't sure what is meant by the term home contents insurence. Home contents coverage is also known as renters insurence. Your insurence policy will provide financial compensation for the personal property you've named in your coverage, much like the personal property portion of a homeowners insurence policy. Unlike homeowners insurence, with home contents insurence you only obtain insurence for the personal property you bring onto the premises. That which belongs to you.
Your landlord will provide insurence for his or her property, the building or buildings he or she rents, but coverage of your belongings is left to you. Your landlord is protecting his or her property, you'll need to provide coverage for your own possessions. It's not an obligation of your landlord to provide protection for your personal property.
In some instances your landlord may make home contents insurance a provision of your rental agreement. By doing so, your landlord can avoid any reasonable possibility of a lawsuit arising from loss of your possessions. One of the wisest decisions you can make is to insure your belongings against loss and even if your landlord doesn't require you to provide home contents insurence, it's vital to have some sort of protection.
Obtaining a Policy
If you question your need for this elemental coverage, simply take an inventory of your possessions. Be thorough as you go item by item and try not to leave anything out. Of course, you'll realize the big ticket items such as your flat screen TV or high end electronics, but don't forget about any valuable collections you may have. Neglecting your designer shoes and handbags will assure that you come up short. In other words, take everything of value and list it out.
Once you've inventoried your property, assign a dollar amount for your possessions. You'll most likely be surprised that you've amassed such a fortune! Once you have assigned a dollar amount, that figure is the amount you'll want to insure on your home contents insurance policy. Keep your inventory and make a copy to store off site for future reference, if need be. If you have any receipts or pictures of your property, you'll want to keep that together with the list in the event you need to make a claim.
Renters insurance is not nearly as expensive as homeowners coverage and it's actually very affordable. For about the price of an evening out once a month, you could have quite a bit of coverage for your belongings. Request quotes today from several of the companies providing home contents insurence. Compare those quotes to find the policy which best fits your budget.
Be sure to review all the information for your home contents insurence policy before signing up. If there is any portion of your coverage you don't quite understand, go over your home contents policy with an agent. Once you're comfortable that you've found the best price for the coverage you need, follow through and obtain your policy.
Making a Claim
Should you find that you're the victim of theft, or your home contents has been destroyed by fire or flood, contact your agent right away. He or she will assist you in all aspects of filing a claim. Depending on the circumstances, you may be in a state of shock and knowing your home contents insurence agent has your back can be the peace of mind you need.