Calculating the replacement cost of the items you own, (personal property coverage in renters insurance terms), may not sound fun, but it is important. One common mistake that renters do when sitting down to “do the math” is underestimating the…
Category: Renters Insurance (page 6)
Self storage for smart renters
Renting a place to live often means you don’t have enough space for everything you own. Putting surplus belongings into self-storage is always an option. You may be able to use your renters insurance to cover your possessions there. You…
8 things renters insurance does and does not cover
When you purchased your renters insurance, chances are slim that you were told about the following surprising things that your insurance may or may not cover. Since coverage amounts vary depending on your policy, only general examples are provided. Be…
Who covers moving damages?
According to U.S. Census, Americans are moving less frequently nowadays than 50 years ago. The annual Geographical Mobility study shows that the percentage of Americans moving over a one-year period was 10.1 percent in 2017, an all-time low. However, this…
How to protect your home when you’re on vacation
Many of us have already returned from summer vacation and, luckily, found our apartment the same way we left it. Others have not been so fortunate. While we hope that bad things cannot happen to us, other people, the weather…
Earthquakes and Insurance
The West Coast was on high alert earlier this month when multiple strong earthquakes rocked California. It was an important reminder that seismic shifts can happen anytime, so preparedness and awareness is key. Millions felt the shaking from the magnitude…
4th of July Safety Tips
We’re almost there, fireworks have begun popping and grills firing up for the 4th of July celebrations. This wonderful time of getting together and sharing food and laughter can, unfortunately, can take a wrong turn and get people injured, damage…
Clean up for spring and summer
Regardless of the area you live in, spring is here, or at least approaching. This winter the weather was much like a roller coaster ride across the U.S., with various regions experiencing a polar vortex, excessive rain, ice, sleet and…
Best practices for buying renters insurance
The U.S. renter population includes people from all income levels, but the most recent data from the U.S. Census Bureau shows that the annual increase in the number of high-income renter-occupied households (defined as those earning $150,000 or more) has…
Cheap rents, hidden expenses
The renter population in the U.S. has expanded greatly, with the national average rent reaching $1,420 in January, according to Yardi Matrix data. This average amount varies throughout the country and in highly sought-after areas, such as New York or…