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
RENTERS INSURANCE COMPARISON
Renters insurance comparison is a responsible and important activity for any renter prior to enrollment in coverage for their home. Taking the time to really sit down and compare some of the companies you are considering can help you come up with a sound basis for choosing one of them over the others. Sometimes we get bogged down in strict policy comparisons based on price alone. This can be difficult for a number of reasons. Taking a wider view of the situation and considering other factors before you buy makes your renters insurance comparison more useful, and helps to avoid buyer's remorse later on down the road.
Think about the coverage each carrier is proposing to provide. Look at them side by side and see how they compare. And also weigh customer service. Consider which company might do the best job representing you and advocating for your interests in the event of a major claim. Any renters insurance comparison should encompass all these different areas of concern if it is going to help you make a wise choice for your family.
Compare Coverage Head to Head
Compare the coverage each provider is proposing to provide. Don't just look at the prices, and do not make the mistake of only doing a renters insurance comparison based on which companies are the cheapest for your house or apartment. First of all, in many cases renters find that the cost of a policy doesn't really vary all that much company to company; or in any case, they see more than a few of their suitors grouped closely together at the low end of the price continuum. The premium you pay for your policy is something important to bear in mind, but it often becomes somewhat of a non issue when prices come back pretty close together.
Spend more time checking on the limits of coverage and you will have a more accurate idea of which quote represents the best value. Any useful insurance comparison for renters has to provide some kind of idea of potential return on investment. In other words, focus in on the coverage potential offered by each carrier and figure that in to your analysis. There may be a company offering a slightly higher premium for renters insurance that nonetheless also offers better or more extensive coverage. Maybe one company is proposing a lower deductible, or better or less expensive protection for extras like flood or jewelry not included in a standard form plan.
Think, for example, about all the stuff you have in your condo or loft. Picture what it might be like to have to go through and even try to figure out everything you lost if a fire swept through and destroyed everything. Now add to that picture the added difficulty of having to do it without any compensation for your loss. The premium you pay for renters insurance is well worth it given the coverage. And making sure you pick a policy with the very best protection is well worth the extra bit of time it might take you to get it done. A realistic and thorough renters insurance comparison does not take much time, but it can save you a lot of time and money down the road in the case of a major claim.
Consider Insurers' Customer Service Standards
Look at customer service. You may be able to do a comparison online of customer service philosophies and records for different insurance carriers. Any comparison would be incomplete without addressing the potential customer experience you would have working with a company. Your adjuster could be your new best friend or worst enemy following a significant loss at your condominium or townhouse, depending on what company you end up choosing. Your renters insurance comparison, then, has to include a comparison of the different renters insurance providers' customer service programs and tendencies. Trying to do justice to a renters insurance comparison without this element is impossible because so much human contact is required whenever you need to open a renters insurance claim.
Price Still a Key Factor
But even with all of this being duly pointed out, pretty much everyone knows that the price of a policy is still the key factor for comparison in most people's eyes. That's why it is so nice to know that online price comparison is such an easy process. Any student renter, family leader or senior citizen can get online and do a renters insurance comparison in less time than it might take to update your social networking accounts. The ease and convenience with which you can complete this particular task just mean that there's no excuse at all for not looking into all of your options and finding the right plan through a thorough renters insurance comparison.