Power Insurance & Risk Management Group
Renters Insurance
Renters insurance is a necessity for anyone renting or subletting a home or apartment. Whether you live in a single family home, duplex, townhome, condo, loft, studio or apartment, you need to have renters insurance to protect your belongings and your liability. In fact, many landlords throughout America require residents to purchase rental insurance when they sign a lease with their renter. The good news is that we offer affordable renters insurance policies online that you can sign up for now from the comfort of your home or office.
Property owners or landlords are required to hold homeowners coverage, which protects the actual structure of the house or apartment and the land it is located on. Most renters however, aren't aware that all the personal property inside the home are that of the residents and therefore will only be covered if the resident has a rental insurance policy.
Take a good look around your home or apartment!
Take a good look around where you live. If everything you own was stolen or destroyed by a natural disaster, would you be able to afford to replace it all? If any of your valuable personal property were stolen or vandalized, would you be able to afford to pay for them again out of your own pocket? Do you have the cash on hand to replace your computer, laptop, iPod, dvd player, tv, stereo, jewelry, clothing, furniture, or appliances?
Our partners, Safeco and the National Condo and Apartment Insurance Group
bring experience and perspective that will not only provide you some of the best
rates you can find, but provide you peace of mind that your investments are in good
hands.
Protect Yourself!
Protect yourself and your valuables by getting low cost renters insurance that will cover the contents of an apartment or home that you'll be renting. Click for a free, instant quote for your liabilty and personal property coverage today!
Why Renters Insurance?
When your belongings are damaged...
In most cases, your landlord won't cover your belongings when something is stolen or if there’s a flood or fire. The average two-bedroom residence has over $20,000 in personal property. Are you covered?
When something is stolen from your car ...
Your belongings are covered everywhere — your apartment, car or storage — worldwide. Your auto insurance may not cover personal property stolen from your car.
When you're on a tight budget ...
Renters insurance is a great value. Rates start as low as $10 a month!.
How much coverage do you need?
Most renters have more than $20,000 worth of belongings in their residence.
Could you afford to replace everything if you had a loss?
| Personal Property |
Sample Replacement Value |
| Furniture |
$6,000 |
| Military uniforms and equipment |
$5,000 |
| Clothing |
$3,500 |
| TV, DVD, stereo, movies and music |
$1,500 |
| Computer equipment and accessories (MP3 players, speakers, software) |
$1,500 |
| Watches and jewelry |
$1,000 |
| Artwork, decorations and collectibles |
$1,000 |
| Dishes, cookware, silverware |
$500 |
| Camera equipment |
$500 |
| Appliances (microwave, washer, dryer) |
$400 |
| All other property |
$4,000 |
| Total amount to replace everything |
$20,400 |