Learn how Resident Shield determines the cost of your insurance.
At Resident Shield, we take multiple factors into consideration before issuing an insurance policy. No two renters are exactly alike, so each policy is handled with personalized attention and care.
When you speak with a Resident Shield representative or use our contents calculator, you will be asked a series of questions to help us determine the amount of coverage that is right for you. Explore a few of the variables that can affect your renters insurance rate.
- Primarily, your rate is determined by the items that you are insuring. Consider how much you invested into your property to determine how much coverage you will need. It is important to be realistic as possible to avoid overpaying or underpaying on your insurance. If you underpay, you will not be reimbursed for the full value of any lost items. If you overpay, you will be spending more than you need to each month.
- Your zip code and neighborhood history may affect your rate. The location of your rental property will be considered. Zip codes with an abnormally high frequency of thefts, vandalism, and other crimes will be subject to higher rates.
- With Resident Shield, your policy moves with you. Though your location can affect your rate, that is not always the case. If you are a Resident Shield client that changes locations, your rate may travel with you.
- Protecting yourself, and your property, can lead to monthly savings. Selecting an apartment community with built-in security features will not only help to keep you and your possessions safe. It can also lead to savings on your monthly insurance bill. Communicate with your landlord, leasing office, or Resident Shield representative to determine which safety features may qualify for a discount.
Ready for the next step? Get a free online renters insurance quote today with no obligation.
