ggfWhat is Renters Insurance?

This type of policy is very inexpensive, perhaps $150 to $200 for the year. Protect your possessions with renters insurance. It will cover damages to your possessions when you rent rather than own your home. Renters insurance protects your “stuff”.

Even if you rent your home, having insurance protection for yourself and your possessions is still important. Similar to home insurance, renters insurance protects you in situations that everyone can face: fire, theft, water damage and other unforeseen circumstances your landlord’s policy doesn’t cover.

Renters insurance provides coverage, up to the limits you select, for specified items and situations, including:

  • Personal property (furniture, electronics, computer equipment, clothing, etc.) $20,000 and up.
  • Personal liability if someone is hurt, whether in your home or away from it. $300,000 and up.
  • Loss of use – if you are displaced because of a covered claim. $4000 plus.

How Much Renters Coverage Should You Get

This all depends on how much “stuff” you have. You will want to make an inventory of all of your belongings.

  • Save all receipts from any large purchases you may make.
  • Write down serial numbers and model numbers of electronics and TV’s.
  • Video or take pictures of your possessions.

Then you can get a clearer picture of just how much coverage you should get. Typically most policies start at $20,000 of personal property coverage with a $1000 deductible. Make sure you also get personal property covered at “replacement cost” – this will ensure that if your items have to be replaced that you get all new stuff – rather than a check for the depreciated value of all your items. .

Renters Insurance Protects Against:

  • Fire and Smoke damage
  • Theft
  • Collapse of the building due to weather
  • Water leakage or overflow
  • Freezing of plumbing, air conditioning and more

You can’t rely on your landlord’s insurance to cover your valuables – landlord insurance only covers the building structure and not your personal property.

Renters insurance, sometimes referred to as an HO4 policy, can provide the financial protection you need in case your possessions are destroyed or stolen, as well as liability protection if someone is hurt in your dwelling.

Before you shop for renters insurance, take an inventory of what you own to decide what level of coverage makes you comfortable. For your homeowners insurance and renters insurance needs – we can get you your best price. Contact us today for your free, no obligation quote.

Most people invest in homeowners’ insurance to protect the assets in their homes in case of damage. Renters’ insurance allows you to ensure the safety of your possessions while living in a rental property.

Similar to homeowners’ insurance, renters’ insurance provides coverage for any damage to your personal possessions including fire and smoke, water damage, theft, and unforeseen circumstances.

Western Mass Auto Insurance offers affordable renters’ insurance rates which means you can guarantee the safety of your “stuff” for as little as $150 to $200 for the year!

Furthermore, we can also you find the right renter’s insurance policy. You can’t rely on your landlord’s insurance to cover your valuables as it only covers the building structure and not your personal property.

We work with the top insurance companies in Massachusetts, and serve a multitude of areas in the state, including:

  • Indian Orchard
  • Ludlow
  • Longmeadow
  • Chicopee
  • Agawam
  • Holyoke
  • Wilbraham Area
  • Springfield
  • Westfield
  • Palmer Area
  • South Hadley

Get in touch with our insurance agents for Springfield and Indian Orchard, MA, for the best prices of renters’ insurance and ensure coverage of all your belongings!

Get Your Free Car Insurance Quote Today!

Western Mass Auto Insurance makes it easy to get affordable car insurance. Get your free, no obligation auto insurance quote today by calling (413) 543-3800 for Indian Orchard or (413) 781-3800 for Forest Park area. Or click the “Get a Quote” tab and leave us your information – we will get right back to you. Plus you can always stop by one of our two conveniently-located offices where an insurance representative can immediately assist you! Talk soon!