Renters Insurance - Cheap Renters Insurance Online Quotes for Tenants in the US Do you need Renters Insurance? Definately

If your laptop is stolen from your car, are you covered if you have only auto insurance? No.If a tree falls down and hits your car and you only have auto insurance you are still not covered. You must have property or renters insurance to protect you.The good news is you can get a discount on your auto insurance premiums when you buy renters from the same company as your auto insurance, or when you buy both from our partners, even if the companies are different. We can help you find homeowners or renters insurance. Renters Insurance for Condos, Townhomes, Apartments, and people renting out a room in a house. Use our search tool for renters insurance and find the solution that is best for you and your family. Need More Reasons to get covered? No more than one in five tenants is covered, according to insurance industry estimates. If you get robbed or have your personal property stolen from you it covers it minus the deductable. Statistics prove that if you have not yet been robbed or had personal property stolen then you will in the near future, especially if you live in a large city. The is nothing better than having the security of knowing you are protected by insurance. Renters insurance is much cheaper than you think. After filing a claim last year I am still only paying around $120 or so a YEAR from GEICO / Travelers Insurance. Our search tool for insurance can help you find an even better rate. Some more myths people have is that your landlord covers fire or water damage. That is not true. Your landlord is not responsible unless it is proven the landlord's own negligence. Your landlords owners insurance will not normally protect you in most events. Most fires or burglaries are caused by outside events or someone in the complex, not by the landlord himself.Standard renters insurance protect your possessions from damage caused by fire, broken water pipes, leaky roofs and theft. Flood protection requires a separate renters flood policy, which averages about $75 per year but costs more in the most flood-prone areas. Also, if you live in California and worry about an earthquake damaging possessions then I would inquire about that as well. Insurance companies sell liability-only renters insurance costing as little as $75 a year for $25,000 in coverage..

WHAT DOES STANDARD RENTERS INSURANCE COVER?
Standard renters insurance covers personal belongings for their cash value at the time of the loss. Furs, jewelry, artwork, and lost cash that are not proven by receipt or photo will have limited coverage. These special items may be covered under a special addition to your renters policy or under a separate policy. Since cash cannot be proved in most cases they will only pay $100 or so max for cash, so its always advised to keep cash in the bank in a safe deposit box or deposit it in the bank and let it earn interest. A renters policy usually insures your contents and personal belongings against losses from:

• fire and lightning, falling objects, vandalism, riot/civil commotion, windstorm, weight of snow, ice and sleet, explosion, vehicles /auto, smoke, theft / burglary or robbery (rember the difference between a burglary or robber is the actual physical assualt on the victim), aircraft, volcanic eruption,
  sudden and accidental tearing apart, cracking, burning or bulging of a steam or hot water system or of appliances for heating water, freezing of plumbing, cooling and heating systems and domestic appliances, accidental discharge, leaking or overflow of water or steam from within a plumbing, heating, air conditioning system or domestic appliances, sudden and accidental injury from artificially generated currents to electrical appliances, devices, fixtures, and wiring.
• Your renters insurance will also pay for any additional living expenses when your residence can not be occupied because of damage (the policy would help in paying for a hotel and all living expenses such as food while you are out of the apartment or unit that is being repaired.
• The liability coverage in a tenant’s policy applies at home or elsewhere (except automobile) to injuries or damages caused by you, a member of your family, or even a pet. It includes coverage of legal fees in the event you are sued. For example if you have someone trip and fall over a monster cable connected to your TV from the wall and they want to sue you.

• Once you have estimated the amount of insurance you need, you are ready to shop for a renters insurance policy and get an online quote.