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Is it a good idea to get renter's insurance when renting apartments?

Anonymous

∙ 14y ago

Updated: 9/27/2023

Yes, you definitely need renter's insurance if you will be living in an apartment. In case of a fire or damage to the apartment, the building owners insurance will not cover your property. You need your own insurance for your things.

Wiki User

∙ 14y ago

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Related Questions

How can I get great renters insurance?

You can get great renters insurance at the following sites...www.geico.com Get a Quote or personalinsure.about.com/od/renters/a/aa021107a.htm good luck

What is the cost of renters insurance?

Renters insurance can be found online for a good price and there are many places with great information for the person that is looking to buy the insurance.

Which Insurance companies offer the best prices on renters insurance?

State Farm offers some great rates on renters insurance. They also have very good coverage as well, making them a good choice.

Does renters insurance cover damage to your own property?

Renters insurance is similar to condo insurance. It typically covers the personal contents inside but there is the option to obtain dwelling coverage to protect the structure of the items that are secured to the inner walls of the rented space. This is good for protecting kitchen and bathrooms when renting a single family home or extra large apartment. I hope this helps clarify the question.

Where can one buy renters insurance in Houston?

There are several places where someone can purchase renters insurance in Houston. Sites like Liberty Mutual, Progressive, Geico and All State all are good places where a person can buy renters insurance.

Why would a landlord request that he be named as an additional insured party on your renters insurance policy?

Renters insurance and the Additional InsuredIt is common to list the property owner as an additional insured, After all you are renting his property and have accepted certain liabilities for damages to the property. The reason a landlord would require this is in the event that a loss occurs and the tenant refuses to file claim, the landlord as an additional insured can call and file the claim for you. AnswerThat is a good question. You are right to be cautious ask your insurance agent.

what is a good company to get renters insurance through?

Many of the major insurers that offer home owners or car insurance also provide renters insurance. State Farm, Allstate, and others all provide renters insurance, and some websites can help you compare the costs and coverages.

How many renters insurance quotes should you compare before making a decision?

You should compare at least 2-5 renters insurance quotes before making a decision. The reason is that comparing is good. It allows you to see the differences between renters insurance quotes.

Is it a state law in Minnesota that you have to have renters insurance?

No, there is no state law in Minnesota that requires tenants to have renters insurance. However, landlords may include a requirement for renters insurance in the lease agreement. It is generally a good idea for tenants to have renters insurance to protect their personal belongings and liability.

Who sells cheap renters insurance?

"Many companies sell cheap renters insurance. Don't just go for price though- make sure the company provides everything you need. State Farm is one good company that provides cheap, reliable renters insurance."

Is renters insurance required before moving in?

Renters insurance is not typically required by law before moving into a rental property, but some landlords may require it as part of the lease agreement. It is a good idea to have renters insurance to protect your belongings and liability in case of accidents or damages.

What is a good company to buy renters insurance from?

One of the main companies that sells renters insurance nationwide and allows customers to make online purchases is State Farm Insurance. You can find more information on their website.

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