Quote For Renters Insurance
Renters Insurance Quotes – Where to Get the Best Rates
Need to Get Renters Insurance quotes? Want to know where to get the cheapest rates? This renters insurance FAQ explains how.
What is renters insurance?
Many renters are under the mistaken impression that if there were a fire or theft in their residence their landlord would be responsible for reimbursing them for their damaged or stolen possessions. Guess what? They’re wrong.
Landlord’s insurance usually only covers damage to the residence. If you’re a renter you need renters insurance to protect you.
Renters insurance covers your possessions against losses from fire, lightning, theft, vandalism, explosions, wind and water damage (excluding floods). It also protects you from lawsuits filed be people injured by you, your family, or your pets.
Where can I get cheap renters insurance?
The best way to get cheap renters insurance is to go online and comparison shop. There are numerous insurance comparison websites where you can get renters insurance quotes from well-known insurance companies so you can compare rates and choose the cheapest policy. (See link below.)
Here are some other ways to save on your renters insurance:
* Buy your renters insurance and auto insurance from the same company. This can save you up to 15% on your yearly premium.
* Raise your deductible. Raising your deductible from $250 to $500 will save you up to 15% on your premiums.
* Get a senior citizen’s discount. If you’re a retired senior you may be eligible for a 10% discount on your renters insurance.
* Get a non-smokers discount. If no one in your residence smokes, you can get a non-smokers discount.
Visit http://www.LowerRateQuotes.com/renters-insurance.html or click on the following link to Compare Renters Insurance rates from top-rated companies and see how much you can save. You can get more renters insurance tips by checking out their “Articles” section.
Car Insurance for a friend?
I have a friend (single mom of 2) and she needs to get cheap car insurance on her ford explore. She let it lapse for 6 months and now her loan company wants to repo her car, even though she has made every car payment. (she leases her car)…(kinda like rent to own) She got a quote from my agent, but it was going to be way too much for her. I am guessing since she still owes on the car she has to have full coverage. And can only afford less than $100.00 a month on it. She is a renter, she is going to school, and has bad credit. Are there any companies out there that she can get a good deal or at least get coverage for 6 months and re-apply with a better company?? The only one I have found out there was the general.com. And they seem to be ok…but I don’t know what other options she has. Thanks for reading this!! 10 points to the best answer!!
The problem is a leased vehicle would require collision and liability insurance (i.e. “full coverage” or “both ways”) and that would add to the cost of insuring the vehicle. And letting insurance lapse is a good way to get a leased vehicle repoed, since if your friend crash the car when she had no insurance the lessor would be forced to go after her for the entire car’s worth, and she had technically violated the terms of the lease by letting insurance lapse. Not a good idea at all.
The easiest way of reducing insurance cost is cut the coverage to bare minimum (just enough to satisfy all requirements, legal or otherwise) and raise the deductible (instead of the usual $500, try $1000 or even $2000). Of course, in case of damage you’ll out that much $$$, but at least monthly payment will be lower, and if she’s a careful driver she should be okay.
Not sure if AIS is avaialble in your area (Auto Insurance Specialists). They supposedly shop from a bunch of different providers to give you the lowest price.