Common Myths about Renters Insurance

About This Presentation
Title:

Common Myths about Renters Insurance

Description:

Read this ppt to know debunking 4 common myths about renters insurance for apartment, home or any other property, before you sign the contract. – PowerPoint PPT presentation

Number of Views:14

less

Transcript and Presenter's Notes

Title: Common Myths about Renters Insurance


1
DEBUNKING COMMON MYTHS ABOUT RENTERS INSURANCE
2
Biggest Concern after Relocating

The biggest concern after relocating to any place
whether Tuscany apartment homes, or any other
place should be to safeguard your belongings. A.
Going by the conventional route, you may have to
opt for a variety of insurance policies to cover
these risks. Taking out renters insurance, on
the other hand, compensates you for losses
resulting from perils that afflict homeowners.
However, some renters still avoid taking out
policies primarily due to various misconceptions
doing rounds in the market. This Presentation
aims to dispel four such common myths.
The biggest concern after relocating to any place
whether Tuscany apartment homes, or any other
place should be to safeguard your belongings. A.
Going by the conventional route, you may have to
opt for a variety of insurance policies to cover
these risks. Taking out renters insurance, on
the other hand, compensates you for losses
resulting from perils that afflict homeowners.
However, some renters still avoid taking out
policies primarily due to various misconceptions
doing rounds in the market. This Presentation
aims to dispel four such common myths.
3
4 Common Myths
Renters insurance is only for high-value
belongings.
Landlord will cover any and every property damage.
Renters insurance only covers the renters
personal property.
Renters insurance is expensive.
4
Myths Explained


Renters insurance is only for high-value
belongings.
Landlord will cover any and every property damage.
Renters insurance only covers the renters
personal property.
Many renters believe that just because they dont
possess high-value items such as expensive
furniture, accessories, electronics, and room
decor, theyll do fine without renters insurance.
Such renters forget to account for typically
low-value items such as linen and towels, clothes
and utensils.
Many individuals believe that renting an
apartment makes them liable to receive
compensation from the landlord in the event of
damages, as long as theyre using the property.
The belief is as far from the truth as it can
get, as most landlords opt for policies that
cover the buildings structure and not the
renters property.
Renters insurance not only covers the insurers
personal belongings but may also compensate for
damage due to mishaps/accidents at the insured
persons home. For example, renters insurance
will cover medical bills for injuries sustained
by the renters visitors while theyre at the
property.
5
Myths Explained
Renters insurance is only for high-value
belongings.

Renters insurance is expensive
Renters insurance is affordable when compared to
other policies ,and in many cases, the premiums
can be as low as 20/month. The amount can
increase if you include additional coverage to
your existing policy. Moreover, many providers
offer multi-policy discounts if you bundle your
renters insurance with other policies.
6
Conclusion
Renters insurance is a must whether you rent a
Tuscany apartment home or any other property.
Before you sign the contract, read all documents,
terms and conditions, and seek multiple quotes to
get the best deal the market has to offer. To
save time and effort, check out various websites
that provide quotes from different insurers and
comparison-shop.

6
7
Thank You
Committed to assist renters in finding
comfortable and affordable houses for rent in San
Angelo and Lake Jackson
Kington Properties
Committed to assist renters in finding
comfortable and affordable houses for rent in San
Angelo and Lake Jackson
http//www.kingtonproperties.com
Write a Comment
User Comments (0)