Household formation has changed dramatically in the last decade—pressured by the high down payment costs and limited stock supply, residents are deterred from their homeownership dream and have no other option but to rent. But there are renters and renters,…
Category: Renters Insurance (page 8)
A year of wildfire
The year 2018 is thought to be less dramatic than 2017, weather-wise. Colorado State University released its latest Atlantic seasonal hurricane activity and landfall strike probability forecast, which envisions that the 2018 Atlantic hurricane season will include an additional nine…
Renters insurance—a college student’s best friend
It’s not long until school starts again and college students will move out of the nest and onto or close to campus. At this young age, they might not be aware of insurance needs, but parents should be prepared for…
Protecting yourself with renters insurance
There are nearly 44 million renters in the U.S. and close to 60 percent of them don’t have the kind of protections offered by renters insurance. A big part of those who don’t have it don’t even know it exists,…
Five Renting Risks
Renting might not come with as many responsibilities as owning a place, but too many people go wrong assuming that they can skip insurance simply because they’re leasing. It’s still baffling that while some 95 percent of homeowners carry homeowners…
Hurricane Season Preparedness
Officially, the start of the hurricane season is June 1 and lasts until November 30. However, in mid-May, the first tropical disturbance of the year was forming in the Gulf of Mexico, with some 10 percent chances of becoming a…
Severe weather? Time to buy renter’s insurance
With winter storms and severe wind conditions hitting a large area of the Northeast, the folks at ResidentShield wish to remind you of the peace of mind that good insurance coverage offers to all policy holders. Renters insurance is a…
Renting in San Francisco
Based on the age of the building they’re renting in, San Francisco has two kinds of renters. The lucky ones are those who live in a building predating June 1979, because they enjoy the safeguards from outrageous rent hikes and…
Top tips for renting with pets
It’s perfectly understandable that many landlords are nervous about renting to pet owners. Unfortunately, there are people who allow their pets to damage the property, disturb neighbors, giving pet-owning renters a bad reputation. Yet, these people are in fact, the…
Home security for renters
A study released by the Consumer Electronics Association shows that only 12 percent of renters have a security system. This statistic gets even scarier when you consider that renters are 85 percent more likely to experience a home burglary than…