Learn How to Protect Your Belongings with Renters Insurance

September 11, 2014 11:37 am

Let's say your bicycle is stolen. Or you lose your engagement ring. Or your apartment is burglarized.

Your landlord's insurance policy only covers the building, not your belongings. But if you have renters insurance, your losses would be covered in all three scenarios. Yet, only an estimated 34 percent of renters have policies.

Many believe renters insurance is as expensive as, say, car insurance. But it's not, according to the National Association of Insurance Commissioners. Most policies are less than $200 per year, which is a small expense when considering the cost of replacing your belongings if you experience a loss.

The website usa.gov offers resources for renters on renters insurance, including how to secure a policy, determine what type of policy would be best for you, and how to do an inventory of your possessions. For example, if you have expensive jewelry, you might want to consider adding extra coverage because a standard policy only covers jewelry up to $1,500. You can also get tips on other topics relating to renters, such as how to select a reputable moving company.

Visit usa.gov for more information!

USA.gov Housing Publications
Renter's Insurance
Your Home Inventory

Category: For Renters Tags: , , ,


New Facebook Sweepstakes! Enter to Win an iPad Mini!

September 5, 2014 3:40 pm

To enter the Sweepstakes, Like our Facebook Page and then look for the Sweepstakes tab (image shown below) located on our Facebook Page to enter. Sweepstakes ends October 31, 2014.

For mobile users ONLY, like our Facebook Page, and then click here to enter!

Category: Social Media Tags:


Lease Coming Up?

July 14, 2014 10:44 am

If you want to move soon, look carefully and make contingency plans.

In most big metro areas, it's hardest to rent from July through September: a surge of student and new graduate rentals means you might pay as much as 3% above the yearly average.

Things get easier in October, with November and December being the easiest months; few people want to move right before the holidays. If you can't find the right apartment this summer or get squeezed by prices, try asking your landlord to tack on an extra 1-3 months. Many are happy to negotiate.

Didn't work? Hit the listings hard mornings (9-11 am) in the first and last weeks of the month. The former guarantees variety, while the latter often results in bargains.

Got moving questions? Ask us.

Category: For Renters Tags: , , , ,