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, Charleston SC
HOUSE INSURANCE CONTENTS
House insurance contents will protect your valuables. As a renter, the contents of your house aren't safe. Your landlord most likely has an HOI policy, or home owner's insurance policy, but it doesn't cover your stuff. It covers the property, their stuff, and their liability.
What about your liability? Have you ever wondered what would happen if the mailman sued you because you didn't clean your stairs properly during an icy winter? That's another reasons for house insurance contents, or household renters insurance. It protects your liability.
In fact, it may be worth it to insure the contents of your house, just for the liability component. Most renter's policies include both. Even if you don't have a lot of valuable stuff, your savings and your future earnings could be at risk if you don't have this coverage.
If you accidentally burn your rental house down, for example, your landlord could sue you. If you left a pot on the stove, for example. You could owe a lot of money for one small mistake if you don't have the appropriate insurance policy. Don't waste anytime: get your renter's insurance as soon as possible.
Finding Renter's Insurance
House insurance contents policies are easy to find. The key thing, though, is that you have to find a good one. Plus, you want to find the best deal you can, right? Luckily, house insurance contents policies are pretty cheap.
House insurance contents can be bought for monthly pocket change. Considering the amount you could lose if there's a natural disaster, it's absolutely worth it to get house insurance contents to protect your stuff. You can use the form above to find affordable house insurance contents quotes.
House insurance contents may be cheaper if you find a multiline discount. For example, you may be able to insure the contents of your house and your car with the same company. It may even be worth choosing a new auto-insurer if you'd like to get this kind of great discount.
If you're a senior or a college student, you may also be able to get a great deal. It's certainly worth trying! Again, though, even if you can't get a deal, it's a pretty cheap policy in the first place. It may cost slightly more if you live in a dangerous area.
It may also cost more if the previous renters of your house had a lot of claims. Or, if you have a pitbull, you can expect to pay more. Insurers base their premiums on statistical risk. So, if you're in a risky place, or you have a risky breed of dog, you'll pay more.
You may be able to lower your risk by taking safety precautions. Having a fire extinguisher, alarm, and so forth may help you reduce your rates. You can ask your insurer for advice.
Insuring Your Contents
Think you don't have any valuables in your home? Imagine what it would cost you to replace all the contents inside your house. Think about your clothing, furniture, computer and television. Plus, you may have sporting equipment, or other valuables, like jewelry.
Your personal property is probably worth a lot more than you think! You should consider the cost of replacing all of it, and that will give you a sense of its worth. There are special calculators online that will help you calculate the value of your contents. You might want to give it a try!
You can insure the stuff in your home for actual cash value or replacement coverage, it's up to you. Actual cash value, or ACV, is less expensive than replacement coverage. However, replacement coverage is better if you have valuables with a low market value, that would be hard to replace.
Your computer is a good example. If you have an old computer, it probably isn't worth much. However, if you need to replace that computer, you need more than the market value of your old computer, right? That being said, it may not be worth it.
Furthermore, some areas don't offer replacement coverage. You'll have to check with the insurance companies in your region to see if it would even be an option for you. Then, consider whether it's worth it, given the higher premiums you'd have to pay for replacement coverage. It may not save you much, and you'll pay more overtime.
House insurance contents will protect you and your family, but only if you choose it carefully and cover your valuables well. You need to choose a policy that includes liability, and also list all of your valuables and insure them fully. There are software programs that make this easier, where you can document receipts and photos. These programs also often offer free online storage, which is helpful in the event of a disaster.