All About Tenant Rental Insurance: 2010

Wednesday, August 25, 2010

Tuesday, August 10, 2010

Update August 11- 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

The majority of people have rented an apartment or home at least once during their lives. Renting is often an alternative to a home mortgage payment or a passing point between residences. The advantages of renting often include a lesser payment, lack of homeowner's insurance, and property taxes. While choosing to rent an apartment or home, maintaining adequate renter's insurance is a necessity for an abundance of reasons.

Misconceptions of Renter's Insurance

Many individuals believe that their personal belongings are covered by the landlord or apartment's insurance policy. This however, is generally not how it works. Typically the landlord's policy only covers the structure, but not the renter's property. For instance....if the property was to be destroyed by a fire, the landlord's policy will pay for the cost of replacing the structure. The landlord's will not pay for the tenant's property that was inside the apartment or home such as clothing, televisions, furniture, cooking utensils, electronics, etc.

Another common misconception is that the landlord is responsible for housing the tenant in the event the apartment or the home is inhospitable due to fire or water damage. For example, if the apartment is under repair due to fire damage, the tenant must find their own housing at their own expense while the unit is being repaired.

A third misconception is that the landlord's policy will cover theft and vandalism to the tenant's personal property. If you are renting an apartment or home and it is burglarized, the landlord's policy is not responsible for replacing your personal belongings.

What Renter's Insurance Does!

Having an adequate renter's insurance policy will provide protection for your personal property and belongings. The coverage is based upon the value of your belongings and typically clients are surprised by the amount of coverage needed once they do quick cash analysis of the property. It is often very important to check with your insurance agent and see if there are any limitations on listed coverage. Typically policies will put limitations on coverage for jewelry, guns, computers, money, and furs. If you have items valued higher than the limitations is important to let your insurance agent know so that additional coverage can be added via an endorsement or an additional Personal Articles Policy. Base coverage begins at around $10,000 and can be increased to well over $200,000. Renter's coverage also includes liability insurance (typically $100,000) to protect the insured in the event someone is injured inside the rental property. Renter's insurance can also provide medical payments insurance to give the insured some protection against injuries to others while inside their rental unit as well. It is a good idea to ask your insurance agent what other options/endorsements are available.

The Cost of Knoxville Renter's Insurance

Renter's Insurance is very reasonably priced and well worth the cost! Depending on the area, a typical $10,000 property coverage policy with $100,000 in liability coverage cost less than $10.00 a month. One of the great features with renter's insurance is that it typically provides a Multi-Line Discount on the insured's auto insurance, which can often offset the additional cost of the renter's insurance!

You should check with your insurance agent for details or get a free Knoxville Renters Insurance quote online.

Shop TN Insurance is a Knoxville Insurance Company that offers great rates on home insurance, auto insurance, renters insurance, life insurance, health insurance & more. They have 3 convenient locations in Knoxville, TN to better serve their customers.

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Article Source: http://EzineArticles.com/?expert=Julie_A_Rogers

Friday, July 23, 2010

Update July 24- 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Contents insurance for tenants has become necessary for tenants because of the increase in robberies in the past few years. Contents insurance for tenants covers the personal belonging or possessions which are inside your home. It is very different from homeowners insurance which covers just the building itself.

Most people have the impression that the homeowners insurance will also cover their belongings in case of a disaster. But this is not how coverage for insurance works. So if you happen to be in a rented apartment, it will depend wholly on you and not to the land lord for insuring your personnel belongings. Basically it includes those possessions which you could take with you when you move out of the house, for example carpets, fridges, music systems, computers, etc. It also includes personnel belongings like jewellery and clothes.

There are many insurance company which gives insurance for tenants that seeks to include accidental damage which covers damages made to the building. Most tenants are subjected to a variety of possible financial loses, like burglary, fire, accidents, etc. Most of these losses might be as a result of a misfortune or by the way of our careless manners. This is where contents insurance for tenants plays a very important and vital role. They not only give a sense of security but also protect a tenant by helping them to compensate for these accidents or blunders. Contents insurance for tenants generally covers any kinds of loss to a tenant's property caused by any incidents like break-in or fire outbreaks. Under these circumstances the insurance company compensates them by replacing them with new ones.

Before you decide on a contents insurance for tenants policy, you should log on to the internet and take a look at the different rates and coverages that are being offered. This will help you to analyze and compare the various available choices more effectively. Also make sure that the plan you are considering to buy covers all your properties including the expensive ones.

Want to learn more about the importance of getting contents insurance for tenants?

Visit my Contents Insurance For Tenants site to get more info on how to find an affordable policy.

Tuesday, July 6, 2010

Update July 07- 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Rental Insurance also known as rental insurance, it is types of additional insurance purchased to protect against third party claim due to at fault in car accident, personal property contained in a rental unit from loss due to fire, theft, water damage and other circumstances. Specific terms of coverage are determined by the policy purchased from the insurer.

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Lease Purchase Clauses - Tenant Insurance & Property Condition at Move In
By W. Lewis Burger

I've been a real estate investor for over thirty years and I love selling a house on a lease purchase.
Tenant Insurance: Tenant insurance is very important and I never waive from this for several reasons.
Most Landlords own several houses. If there is a claim, your property insurance premium will sky rocket on all your properties. You as Landlord are responsible for everything that goes on at the property. If someone falls and hurts themselves, you are responsible; even if that person is a tenant, guest of tenant, whatever.
The Landlord must be added as an Additional Insured on the Liability portion the Renter's Policy. If someone is hurt on the property, this Renter's Policy will pay before the Landlord's policy. Most Renter's Policy have a $300,000 Liability clause but, will not cover the Landlord unless added as an Additional Insured. I insist the coverage is increase to $500,000, because I want it and I think $500,000 will cover a lot more than $300,000. The increase from $300,000 to $500,000 costs the Tenant very little.
You must have this before the Tenant moves in. Most accidents happen when moving furniture in and out of a house.
Also, most insurance agents are not aware the Landlord can be named as an Additional Insured and some Insures don't. Most do and you have to educate the agent. You may have to talk to the Tenant's insurance agent directly to get this done. I usually do.
Get it done before the Tenant moves in. I do not give them the keys until the insurance binder is faxed to me.
Also, point out to the tenants that you, as landlord, has property insurance but, this only covers the structure and does not protect the tenant's personal belongs. Tenant insurance will and it's not expensive.
Condition: Again, remember, this is Net Net Net Lease. Whatever 'repairs' you are going to do, do before the Tenant moves in and then the maintenance is the Tenant's responsibility.
In fact in Georgia, there must be a "Move In Inspection"; that list the condition of the property at move in. This must be signed by the tenant and landlord. This form is included in my lease available on my web site
Bottom Line: Tenant Insurance: Insist on it and do not let the tenant move in until you have the binder. Condition: Do the repairs before tenants moves in and agree (in writing) the property is in good condition at move in and no repairs at needed. There after, the tenant is responsible for all maintenance.
Below are the complete clauses from my lease and the complete lease is available at my web site.
Tenant Insurance: Before occupying the Property, the Lessee/Tenant must obtain a tenant insurance policy with liability coverage of at least $500,000.00. The Landlord/Lessor is to be named as an addition interest with notices mailed to the Landlord/Lessor at the address herein provided.
Lessee/Tenant's Initial: ____________ _____________
I get the Tenants to initial after this paragraph - make sure they understand
CONDITION: Landlord/Lessor as offered and Lessee/Tenant have accepted to take Property in its "as is" condition. Lessee/Tenant acknowledges receipt of the Move-In Inspection Form and accepts the Property in the condition listed. If the Lessee/Tenant shall find the conditions not as listed or listed incorrectly, Lessee/Tenant shall deliver to Landlord/Lessor a written statement of the discrepancies within one day from the signing for this Agreement. Otherwise, it will conclusively presume that the inventory and conditions are correct and the Lessee/Tenant will responsible for all loss, breakage, burns and other damage not designated.
W. Lewis Burger CCIM, has written many articles on real estate investing and self directed IRA's and has been an investor for thirty years. Mr. Burger is a CCIM (Certified Commercial Investment Member) designee. The forms and agreements on http://RealEstateFormsForInvestors.com were developed using this experience and hundreds of transactions. These forms and agreements are very detailed and strongly favor the landlord. If you are looking for a simple and cheap one or two page documents that are not written by an experience investor, do not visit my site. However, if you are serious real estate investor, don't want to get screwed by your tenants and willing to pay for my mistakes and experience, then my site is for you. Go to http://RealEstateFormsForInvestors.com now and get the tools you need to make more money in spend less time. All forms offer a money back guarantee

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Thursday, June 17, 2010

Update June 17 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

By Steve Benedict

Rental car insurance is a gamble. You may get away without it, but the odds are not in your favor unless you have some form of additional insurance. Your regular car insurance policy probably covers any vehicle you are driving, but the gaps in your personal coverage may spoil your trip and cost you a lot of money.

DON'T WAIT until you're at the car rental counter! Make a couple of phone calls to your insurance company and the major credit card company you'll be using for rental. Ask what is covered and what isn't. My guess is the list of rental car insurance questions is longer than you think. Don't feel alone in your confusion. Most people wouldn't even think to ask about some of the possible gaps in coverage.

Here are some coverage items you need to ask questions about:

1) Am I covered if I have an accident that results in the "loss of use" of the vehicle to the rental car company, while the car is being repaired?

2) Am I covered for theft or vandalism to the car or my property?

3) How much coverage do I have on my current automobile, in terms of comprehensive and collision. If you've dropped either to save money, your rental car insurance is not going to have either coverage.

4) Who pays for administrative fees, towing fees, diminished value of the rental car due to an accident, medical and ambulance fees or damages to private property.

5) Am I covered if this is a business trip, rather than a recreational trip?

Fortunately, most of these questions are easy to answer. Between your credit card company, auto insurance firm and your homeowners insurance policy, most of these areas are probably covered. If you still have some doubts about an accident, ask the rental car company about a loss damage waiver (LDW).

An LDW is technically not a rental car insurance product. It may cost you a few bucks a day, but it will protect you if the rental car is damaged or stolen.

After you've done some planning, you may find that no additional insurance is necessary. Between your credit card firm and your regular auto insurance policy, you may have all the bases covered and you can just have some fun on your vacation. When in doubt though, ask your regular insurance company for a temporary insurance rider. It's a lot cheaper than shelling out the big bucks if you do have an accident.

My name is Steve Benedict and I help people save money on auto insurance. I want you to benefit from the mistakes I've watched others make, and learn insider secrets that it took years to perfect. Whether you're "just curious or really serious", visit my website right now, while you're thinking about it: http://www.carinsurance-journal.com/

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Thursday, May 27, 2010

Update May 27 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

By R Quade

The world of renting is often seen as one-sided. Renters expect the landlord to live up to his or her responsibilities, but renters responsibility is often given little thought. What sorts of responsibilities might renters have? Actually, there are quite a few legal responsibilities for those who choose to rent, rather than own, and understanding what is required of you can make your renting experience a simpler, more enjoyable thing.

The best place to learn more about the responsibilities that apply to your specific situation is your rental/lease agreement. This document spells out the responsibilities and requirements for both parties - you, the renter, and the landlord. However, there are some common areas that are often overlooked by renters in the process of day-to-day living.

Rent Payment - One of the most important renters responsibilities is to make certain that the rent is paid on time, every time. Not paying your rent on time (or at all) can obviously lead to some serious problems. In addition, even if you will be out of town for an extended period of time, you are still responsible for making certain that your rent is paid on time.

Maintenance - While the landlord is responsible for maintaining the grounds and structural elements within your apartment or home, you are responsible for some maintenance, as well. For instance, replacing the batteries in your smoke detector is your responsibility. Making certain that the fire extinguisher provided by the landlord remains in place is also one of your responsibilities. Finally, making certain that you do not damage the rental unit outside of "normal wear and tear" is also one of your responsibilities.

Renters Insurance - It is not the landlord's responsibility to provide you with insurance or to protect your belongings in the case of fire, flood, theft or other form of disaster. While the landlord's insurance will protect the unit, your belongings must be insured by you. One of the most important of all renters responsibilities is to obtain renter's insurance. This will help make certain that your items and possessions are protected against burglary, fire and other threats.

As you can see, there are numerous renters responsibilities. However, they are not terribly onerous and should be simple to uphold. Following these simple guidelines can help make certain that you are able to have the best renting experience possible and that you do not put undue pressure on your landlord.

RentersInsurance.net provides US consumers with the opportunity to shop online for student rental insurance. Visit RentersInsurance.net to find the best insurance quotes.

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Friday, May 7, 2010

Update May 07 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

By R Quade

As with any other insurance policy, when you're buying tenant rental insurance, it's important to make sure that your policy actually meets your needs. Sure, you might want to get the best possible deal, which is important, but if you're paying next to nothing for next to no coverage, you're still paying too much. Here are a few things that your renter's insurance should cover.

Obviously, this type of insurance, which is primarily a form of property insurance, should cover your property. If you have to, take an inventory of everything that you own, and then total up how much it would cost you to replace it all in its current condition. That's at least as much liability insurance as you need. You may, though, actually need more insurance than this if you want to leave a little leeway in case you need to replace your property with new things, which is the most likely course of action.

You also need to know what situations your tenant rental insurance covers. For instance, are you covered in the event of a fire that wasn't cause by you? Are you covered in the event that a fire was accidentally caused by you? Are you covered for floods? Are you covered for thefts? Looking over your policy or speaking with an agent should tell you all of this. Really, you should be covered in any worst case scenario you can think of.

Besides this, though, your renter's insurance should cover other people's property if you damage it. In an apartment or condominium, you're going to be packed into one building with multiple people. If your three-year-old leaves the bathtub running so long that it spills over and causes a leak through your floor - which is your neighbor's roof - you need to be able to pay for any damages that the problem creates. Even if you live in a house away from other tenants, you need to be able to pay for any issues you cause for your landlord's property.

Also, you'll need liability insurance that will cover legal and medical fees for people who are hurt on your property. The chances for someone suing you for tripping over your entryway rug are slim, but it could happen. Luckily, tenant rental insurance is pretty cheap, even with hefty liability coverage, which means that you can afford to have the coverage you need without too much trouble.

RentersInsurance.net provides US consumers with the opportunity to shop online for tenant rental insurance. Visit RentersInsurance.net to find the best insurance quotes.

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Wednesday, April 14, 2010

Update April 14 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

By R Quade

Apartment renting is a very common solution for those who need a place to live. Rental properties can be luxury or mid-grade. They can be affordable or expensive. In addition, you will find that most apartment properties worth their salt provide quite a few amenities for their residents to enjoy, such as a swimming pool, clubhouse and fitness center. If you have made the choice to live in an apartment, it can be a very enjoyable lifestyle. However, there are things that can jeopardize your enjoyment. A lack of tenant content insurance is one of these things.

What is this type of insurance? You might be more familiar with it as renter's insurance. What does this type of insurance actually do for you, though? Do you really need it, or is this just another needless expense? Renter's insurance is vital for you. Why is it so important? Having this insurance protecting your possessions is important for a number of reasons. Consider the following: What would happen if a fire broke out, damaging your apartment, and destroying your belongings? If you answered that your landlord's insurance would cover you, you are wrong.

What would happen if a burglar took advantage of your vacation to liberate your valuables from your home? If you think that your landlord's insurance will protect you here, you are wrong again. The insurance on your apartment covers only the structure - nothing within the apartment, itself. In other words, your belongings are not the responsibility of the landlord.

You must provide insurance protection for them. Tenant content insurance is the best way to do that. These policies are designed to provide protection from multiple threats. Fire, burglary, lightning, storm damage and others are usually covered on a standard policy. In addition because you are only covering your belongings, these policies are usually more affordable than homeowners' insurance plans.

Make no mistake; having some form of renters' insurance is essential. Without it, all of your valuables are at risk. In addition, without this form of insurance, you could find yourself liable for the hospital or medical bills from anyone who has an accident within your home. That's right - you are responsible for this, not the landlord. If you do not have this insurance, then you can find your finances severely leveraged. It certainly pays to have protection on hand and insurance is the best option out there.

RentersInsurance.net provides US consumers with the opportunity to shop online for student rental insurance. Visit RentersInsurance.net to find the best insurance quotes.

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Saturday, March 20, 2010

Update Mar. 20 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

By Scott A. Meyers

Most homeowners or apartment renters insure the possessions in their dwelling from theft or damage - but many don't think that far when it comes to self-storage space.

As a self-storage facility owner, you have a responsibility - and an opportunity - when it comes to making sure your customer's possessions are protected. There are two main ways to make sure their insurance needs are being met.

The first method is to make the new customer aware you're not responsible for protecting what they store with you and offer them a brochure for a reputable company they can contact to insure their belongs. You're out of the loop, you don't collect the insurance premiums and the tenants contact the carrier personally to set up the coverage.

Obviously, you have to explain explicitly that the coverage is their responsibility - and you can't control how they handle the situation. They can choose to forego coverage altogether. Do your best however, to make sure they understand the importance of getting the tenant insurance and what can happen if they don't.

The other tenant insurance model is a "Pay-With-Rent" program. This is a lot like when you rent a car, and you check off the box that adds the cost of extra insurance to your car rental price. The cost of the premium is included in their monthly storage space rental charge.

This is clearly the most convenient way for the consumer to obtain necessary insurance and the best way for the self-storage facility to entice them into getting coverage. Some owners even require customers to get insurance as part of their rental agreement.

The "Pay-With-Rent" situation is a win-win for consumer and storage renter alike. Tenant participation is a lot higher when insurance is simply a part of their rental arrangement and they don't have to make separate arrangements with a third party provider. Having more customers protected also boosts the overall protection of your business.

And finally, the "Pay-With-Rent" model allows you to charge an administration fee to your customers for handling all the additional insurance arrangements. This can be a terrific extra stream of revenue - especially since you should be able to cut a good deal with the insurance provider as their company is the main option for your customers.

Scott Meyers, CSSM© is the President and Owner of Indianapolis Based Alcatraz Storage™. He is also the nation's leading authority in the field of Self Storage Investing through his company SelfStorageInvesting.com. To reach him, or to invite him to speak, call 866-693-5999; e-mail Scott@SelfStorageInvesting.com; for more self storage marketing tips, please visit http://www.ultimateselfstoragemarketing.com.

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Friday, February 26, 2010

Update Feb. 26 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

By Erika Ayala

Have you ever found yourself homeless while the home you are renting is being renovated?

And to top it all off, you lost most of your valuables - and these aren't included in the compensation. The problem is that having landlord's insurance only covers damage to your property. I can understand what you must be going through right now because I experienced this in the past too. I remember when my house caught fire one night. The entire kitchen and living room area was destroyed. While the house was being repaired, I had to move out.

But I couldn't afford to stay in a hotel, so I had to stay at a friend's place for the time being. Imagine the embarrassment I felt having to ask such a huge favor from my friend. You see, I know what you are going through. This is why I have decided to write this article on how you can get your personal belongings covered by your insurance.

Want to know this secret that, so many other tenants are already benefiting from?

Here is the secret: Tenants Insurance. This kind of insurance specifically covers damage or loss of your personal belongings due to unforeseen disasters such as fires, vandalism, theft, and so on.

You may have lost so much of your valuables in the past without the opportunity to get compensated for these...but no longer!

Here are some other facts about Renters Insurance:

1. This insurance covers damage or loss due to other occurrences including spoiling of freezer contents, unauthorized use of your credit card, theft of house keys, etc.

2. Coverage is limited for any items of value you may have including jewelry, fur, antiques, and silverware. Damage to computers due to viruses is likewise not covered.

Warning: Be sure that the Tenants Insurance you buy is enough to cover most if not all of your personal belongings. Also, be sure to purchase an insurance policy you can afford to pay for.

The Question Is: Do you know all the secrets to insuring all of your personal belongings?

You can check this website for the best information on Tenants Insurance. You can also take a look at this resource for information on Renters Insurance Inventory.

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Saturday, February 6, 2010

Update Feb. 06 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

By Patrick Mahen

All landlords get that dreaded phone call from their tenant that something is broken or needs to be fixed. Most of these issues can be resolved by calling a plumber or handyman but what if it is more severe. What if your tenant accidentally started a kitchen fire and it spread to the other units in the building? Your first thought is to make sure everyone is safe then you start to think if you are covered for this kind of thing.

The worst case scenario when a fire occurs is someone is injured or even killed. Before something like this happens you need to make sure you have the proper protection in place. Insurance for landlords not only covers the building you own but also your liability in the event something happens at that property. Like I said most of the time it is just a broken water pipe or a leaky faucet but if something more devastating happens there is coverage for you.

Most leading insurance companies offer a type of landlord insurance for your type of property. The most common landlord insurance is for condos because of the sheer number of people who rent condos. If you own a condo and rent the unit out make sure you have a landlord specific policy in place. Most rental property investors start as the homeowner then move and rent that unit out. When they move often times they don't realize they need different insurance or just forget to change it.

Here is a checklist to make sure you are properly covered as a landlord:

Get landlord specific insurance policy for your rental unit
Include the highest liability limits available, usually $1 million
Add sewer and drain backup coverage
Add loss assessment coverage of at least $10,000
Inquire about umbrella policy to increase the liability coverage if needed

The most important aspect of having insurance is to protect against the big losses. A broken water pipe my cost a couple thousand dollars to repair but if someone gets hurt that could cost you millions. If you have the right protection in place everything else will be easier to handle.

To find affordable landlord insurance get multiple quotes online. Remember to ask about the checklist of coverage available. Make more profit on your rental property by paying less for insurance for landlords.

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Monday, January 18, 2010

Update Jan. 18 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

By Kirthy Shetty

Buy to let investment solutions are available to you, if you reach out to a professional buy to let investment agent online. It's not too hard to find an investment agency in London. Stop, brooding over a bad tenant, think of how you can protect your rental payment in future. Some of them suggest a rental insurance to protect your rented out property. Few of the insurance on rental policy covers home emergency cover such as home security, plumbing and drains, primary heating facility, lost key protection, boiler inspections and security. If this is not what you are looking to protect then you can get your policy customized. Understand, what is that you want to cover in your insurance. A building insurance will only cover the exterior part of your building. Where as rental insurance will help you cover the contents or items housed inside your buy to let property.

Some even guarantee your rental income which may be affected due to unforeseen instances such as fire, theft, earthquake, explosion, floods, Aircraft, Riots and vandalism or Vehicle impact. Other damages may be caused by the tenant himself, such as damage to property and its structures. And it is essential to cover everything right from fixtures and fittings to loss of rent.

It also covers for costs and proceedings to evict the tenant from the rented property. There are various covers for Rent guarantee which will either be for six months or for a period of 12 months. It may or may not include a comprehensive reference based on the cover you opt for. Basically, a comprehensive cover will present a detailed report of the reference checks and tenant background check will be carried out in depth. Anti-fraud check, rent payment defaults, personal identity checks, County Court Judgment checks, bankruptcy etc are the basic checks carried out. In addition to this employer's check, previous landlord's check will be covered in a detailed assessment. Avoid getting a tenant with a bad history of payment defaults and you can easily protect your rental income. Reach out to experts and see how you can avoid risking your capital investment.

Kirthy Shetty, Platinum author,

Tenant Rent Insurance Company assistance from:

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Buy to Let Landlord Insurance

Article Source: http://EzineArticles.com/?expert=Kirthy_Shetty

Renters Insurance - Everything You Need to Know

By Melissa Sanders

Renters insurance is to protect your personal property. Items like your TV, clothes, computer equipment, dishes, etc. Covered losses are events in which direct physical damage is caused to your property. Liability coverage is also a coverage of a renters policy.

Personal Property

Your personal property is covered while it is in your home or with you away from home. Some renters policies cover you throughout the world. Your personal property is covered against similar perils that a home would be covered for. These perils are:

1. Fire or lightening
2. Weight of ice, snow or sleet
3. Smoke
4. Theft
5. Vandalism or malicious mischief
6. Explosion
7. Sudden or accidental tearing of heating and cooling systems
8. Freezing /bursting pipes and subsequent damage
9. Sudden discharge from plumbing or appliances

Liability

This coverage pays for your legal liability up to the limits of the policy for damages that you are responsible for due to bodily injury, property damage, etc.

Medical Payments

This coverage pays for medical expenses for individuals that are on your premises with your permission (up to the limits of the policy)

Loss of Use

This coverage pays additional living expenses incurred as a result of your home being uninhabitable due to an insured loss.

Inflation Coverage

This coverage automatically increases the amounts of insurance coverage's on your policy based on the rate of inflation.

Deductible

The deductible is the portion of the covered loss that the client is responsible for, prior to the insurance company paying any monies. Deductibles are typically $500, $1000, $2000, etc.

Costs

Renters insurance is relatively inexpensive, compared to Homeowner's or auto insurance. Usually less that $10/month.

It only takes a few minutes to get a Chicago Renters Insurance quote. Isn't it worth that to protect your personal property which is usually valued at $20,000 or more to replace. Take That minute!!

Premier Insurance Services of Chicago offers great insurance rates on auto insurance, home insurance, condo insurance, renters insurance, health insurance, life insurance, commercial insurance & more. We have over 52 years of experience in the insurance industry and will do our best to provide you with the best insurance coverage for the lowest price. Get a Chicago Insurance quote today.

Article Source: http://EzineArticles.com/?expert=Melissa_Sanders

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All About Tenant Rental Insurance

Wednesday, August 25, 2010

Update August 27- 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Tuesday, August 10, 2010

Update August 11- 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Friday, July 23, 2010

Update July 24- 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Tuesday, July 6, 2010

Update July 07- 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Thursday, June 17, 2010

Update June 17 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Thursday, May 27, 2010

Update May 27 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Friday, May 7, 2010

Update May 07 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Wednesday, April 14, 2010

Update April 14 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Saturday, March 20, 2010

Update Mar. 20 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Friday, February 26, 2010

Update Feb. 26 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Saturday, February 6, 2010

Update Feb. 06 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

Monday, January 18, 2010

Update Jan. 18 - 2010 All About "Tenant Rental Insurance" Information By Insurance Experts

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