Reasons You Need Renters Insurance
Posted: October 26, 2023
Reasons You Need Renters InsuranceRenters insurance is an important financial protection for individuals who are renting a home or apartment. Here are four key reasons why you need renters insurance. Personal Property Coverage Protection for Belongings: Renters insurance provides coverage for your personal belongings, such as furniture, electronics, clothing, and jewelry. In the event of perils like fire, theft, vandalism, or certain natural disasters, your insurance policy can...
Home Insurance for Rental Properties: What You Need to Know
Posted: August 1, 2023
Home Insurance for Rental Properties: What You Need to KnowMany people who own homes today rent them out to others. If you are renting out your home, whether on a short-term or a long-term basis, it is essential to understand that your homeowners insurance may not cover losses incurred while the property is being rented. The following is information about insurance coverage for renting out a residence in different scenarios. Short-Term Rentals of a...
Do Renters Need Insurance?
Posted: April 1, 2022
Do Renters Need Insurance?Insurance for Renters Is renter’s insurance really necessary? Yes, losses and accidents happen when you least expect them too; it's just a part of life. Your laptop is stolen, someone trips and falls while giving a party, and your apartment is damaged by fire, and you need a place to stay until repairs are done; each of these events would put you in a financial...
Millennials and Home Insurance
Posted: October 16, 2021
Millennials and Home InsuranceMore millennials are buying homes these days, as opposed to renting. By the end of 2018, this generation represented 45% of all new home mortgages, as stated in a Housing Wire article. One thing is certain, whether renting or purchasing a condo or a house, millennials need home insurance to protect them against damage to or loss of their property and against liability. Renters Insurance Your...
The Five Types of Insurance Every College Student Needs
Posted: July 16, 2021
The Five Types of Insurance Every College Student NeedsParents face many challenges in preparing a child for college. The process generally starts in the junior year, including monitoring grades, applying for scholarships and grants, and visiting various college campuses. The focus on college can become an all-consuming task. Once a college is chosen, and your child is accepted, a new set of challenges arises. One neglected area to add to the college "to-do"...