Katie M. buys renters insurance and is happy with how little it cost!
When Katie was signing the lease for her new apartment, the rental office told her that she needed to purchase a Renters insurance policy. At first Katie thought that this expense would be too much to add on to the already high rental cost of her new apartment.
When she called our office to get a quote, she was very concerned and wasn’t sure that she wanted to proceed with the lease, let alone the Renters Insurance. Once we explained the cost of the insurance and went over the coverage, Katie was very excited.
The premium is less than Katie was not only relieved but happy to purchase the policy because it covers way more than just what her landlord is interested in! Renters insurance covers your personal belongings due to fire and theft as well as many other causes of loss for up to the limit that you purchase. You can choose your limit and deductible which allows you to manage the cost to meet your needs. The policy may also cover additional living expenses should your home or apartment be damaged and uninhabitable. This is a situation that Katie never thought about, so she was happy to have this coverage. The Personal liability coverage in the policy protects you from the cost of someone else’s medical bills if you cause injury and/or cost to replace or repair their property should you damage it. Katie’s brother had recently damaged a parked car while on roller blades and the cost to repair the car owner’s mirror was covered by her brother’s renters insurance! Renters insurance also qualifies for a package discount, so when you have a personal auto insurance policy, you will get a discount for your renters policy and your car insurance policy. Call Stanley M. Davis & Company Insurance Brokers for all your insurance needs.
