DO I NEED RENTERS INSURANCE?
Rents are continuing to rise. And thus, your investment in your living situation. Protecting your belongings is just one of the great biproducts of having a renters insurance policy.
Cheap Renters Insurance
If you are a renter and don’t have renters insurance, you must be a huge risk-taker. At an average of $15-20/Months, Renters Insurance is one of the cheapest types of insurance to have. Take a look around your apartment or condo and imagine all of your belongings damaged or even, gone. Renter’s insurance can’t bring your things back but it can help rebuild what you have lost.
Get Cheap Renters Insurance in Illinois. Call (331)223-9788.
Protection for your belongings extends beyond your apartment or condo. See the video (below) for more detailed information.
Replacement Costs Can Be High
If an average renters insurance policy costs about $180/year, consider what it would cost to replace your laptop computer if it was damaged because of a flood, fire…or theft. Most renters insurance policies cover these types of losses, even when your belongings are NOT inside your apartment. Many policies will cover your things if they are in storage, in your car, on a trip/vacation, at your friend’s house while you’re visiting…there are varying types of insurance options if you are a renter. It makes sense to weigh those options out to protect your belongings.
Planning and Setting Goals for Home-ownership
Obtaining insurance while you’re a renter helps when you decide to own.
Deciding to own a home is a big decision. Owning a home usually requires a loan. Most lenders in the State of Illinois require homeowner’s insurance to obtain a loan from a lender. Having had renter’s insurance for 3 years or more (consecutively) will drastically decrease your homeowner’s insurance premium-another “big picture” savings to consider.
Old Chicago Buildings Are Charming and Full of Character.
Chicago Renters Beware
Those renovated brownstones have an amazing history. But what’s really behind those walls? Old pipes, electrical? It’s hard to know. And, as a renter maybe you don’t care…that is until something happens. Landlords are not responsible for tenant’s damages that may happen as a result of a fire, flood or other disaster. Yes. The landlord has to repair the structure and that is under their insurance but that’s as far as it goes. As a renter, if you’re not insured with renters insurance, you will not be covered for your losses.
don’t get blind-sided by a bad neighbor
Renters Insurance can cover a negligent neighbor
It’s not all about you as a renter. Communal living can also put you at risk as a tenant. A neighbor who forgot to shut off the tub, overflows…the next thing you know, your ground apartment’s ceiling has crashed down with a deluge of water behind it. The list of potential hazards goes on and on.
Are You in College or Heading to College?
If you’re interested but don’t know where to start, send us a message and we’ll give you some great renters insurance rates right on the phone. It’s fast, it’s easy, and you’ll be glad you did it.
Call: (331) 223-9788
Herbers Insurance is a nationally-backed insurance agency, based and licensed in Illinois.
