Renter’s Insurance…what’s the buzz all about??

renterSummer’s winding down and September is just around the corner. It’s an exciting time of year for people in New England… the kids are back to school, the leaves begin to change, and we can’t forget our beloved Patriots and football season! This also means that many of  you  will be signing new leases for the year as you plan to rent an apartment or home. If you haven’t already, you should consider purchasing renter’s insurance— it doesn’t break the bank and you can rent knowing you’re covered.

Renter’s insurance protects all your personal belongings in the event that they are damaged, destroyed or stolen. This means all your belongings, such as furniture, clothes and other electronics are covered.  In addition to personal property protection, renter’s policies also provide liability insurance in case someone is injured while on your property. Liability insurance provides coverage against a claim or lawsuit resulting from bodily injury or property damage to others caused by an accident while on the policyholder’s property. There are also additional coverage options if you have expensive items such as fine jewelry or art.

And the best part? Renter’s policies range between $15 to $30 a month. Our advice is to make a comprehensive list of the possessions that you own starting with your expensive items and ending with your low-cost  pieces. After you do this, you should estimate the value of all your personal belongings. This is the amount of insurance you will need to replace the contents of your home if everything were to be destroyed. You might want to check out knowyourstuff.org . This site offers free online home inventory software that makes creating and updating your home inventory easy,  efficient and hands free!

No matter where you live, you can rent with peace of mind. Call us today at 781-431-9600. We’ll provide you with a solid quote and are happy to answer any questions you may have.

August 9th, 2013 by Quincy Insurance Agency LLC