renters_insurance

Bay Colony Financial Group, Inc.


	Serving :
	Licata Hayes Insurance Agency
	Paul Burrage Incorporated
	Press, Bateman & Turner Inc. Insurance Agency

Renters Insurance Contact us for more Details

Why you need a Renters Insurance Policy

If you think your apartment's contents are covered by your landlord's insurance, think again !
A landlord's policy usually only insures the building's structure, but not the contents of tenants.

After a fire or theft, you would have to pay for replacing your belongings.
What's the solution ? Renters Insurance.
This policy will cover you against certain common perils such as fire, lightening, theft and vandalism.
But there are other reasons you need renters insurance.

Built-In Advantages
Your belongings are covered not just in your apartment, but anywhere in the world !
There's more...
Living Expenses - If you must move out of your apartment because of an insured loss,

insurance will pay for any additional living expenses for as long as necessary,

up to the limit stated in your policy.
Legal Judgments - Renters Insurance will pay for legal judgements against you

if your negligence causes:
" Someone's injury on your premises.
" Damage to someone's property.

Options Available

Replacement Cost - If, for example, your $500 TV were stolen, standard insurance would deduct

for wear & tear. You could be paid only a fraction of the original cost. To replace it at today’s cost,

which could be of $800, most of it would need to come out of your own pocket.

By adding replacement cost coverage, you’ll be paid the full amount for repairing or replacing

that TV (subject to policy limits and deductibles).

More Coverage – Would you feel more comfortable with extra liability coverage?

Or coverage for earthquakes, watercraft, or business exposure in the home?

Identity Theft Recovery Costs is another coverage to consider.

You may also need a higher limit on jewelry. You can add or expand coverage for valuables

such as jewelry, antiques, works of art, coin or stamp collections, cameras,

musical instruments, and computers to name a few.

Take Inventory

If you’re not sure how much coverage you need, ask for a Household Inventory Record.

You can list your belongings and their purchase prices. With this booklet, you can

estimate the value of your inventory. Then we can help you select the amount of insurance

that is right for you.