Why Get Rental Insurance & Is Renter's Insurance Worth It?
What is Renter's Insurance:
Renter's Insurance is a type of Insurance Renters get to protect them from unforeseen negative circumstances such as, Fire, Theft, Flood and other natural disasters the Insurance companies many times refer to as acts of God. You want to make sure you shop around for the best renter's insurance policy that fits your lifestyle, area and budget.
Is Renter's Insurance Really Needed?
In my experience of my family being in the landlord business for over 80 years, I would say the answer to the question about if tenants should get renter's insurance would be an emphatically yes!
Many things happen in the world as it is, being a tenant on someone's property is no different. If you have the right renter's insurance (and there are many insurance companies nationwide), you can be protected if a pipe burst and floods your media system, or if a hail storm comes and ruins your patio furniture, or even if someone breaks into your house and steals your possessions.
Renter's insurance can help ease the pain of unforeseen circumstances.
Top Renter's Insurance Companies (not affiliated)
1. Geico- Geico is one of those Insurance companies that covers just about everything, including Renter's Insurance, Motor cycle, Vehicle Coverage, Business owner Policies, Professional Liability, Bodily Injury, Fire etc. It has a long track record of servicing the community. For this we have chosen them as one of the top Renter's Insurance providers in the United State ranked by MyHouseInvestments.com
2. Allstate- Allstate In our opinion is one of the best vehicle insurance companies with outstanding customer service. They also have a reputation of fast payouts to their clients. That is why Allstate Insurance made the MyHouseInvestments.com list of Top Renter's Insurance Companies.
3. Liberty Mutual- Liberty Mutual in our opinion is well known for business insurance. They seem to have some of the largest companies as their clients. We have seen several instances of Liberty Mutual taking care of their clients and the situations their clients have been in with great ease and passion. This is why we decide to highlight them on our Insurance Companies that Provide Renter's Insurance page on MyHouseInvestments.com