Renters Insurance - Flint Hill, VA
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Can I Get Evicted for Not Having Renters Insurance?
The idea of eviction for any reason is a nerve-wracking one and an unfortunately real worry for many renters. There are a range of reasons a renter may face eviction—one of them including failing to carry renters insurance. ...
3 Facts You Need to Know About Renters Insurance
Thirty-seven percent of all households in the United States are renters, according to the National Multifamily Housing Council. However, the Insurance Information Institute (III) conducted a study in 2015 that showed only 40 percent of renters maintain renters insurance compared to 95 percent of homeowners who have homeowners insurance....
Who is Responsible for Renters Insurance?
When you’re shopping for an apartment, you’ll likely come across renters insurance requirements. What does this mean? Essentially, landlords will require you to purchase renters insurance before you move in. This insurance is designed to protect your belongings and other tenants in case you cause property damage or bodily injury to someone else....
Common Reasons People Don't Buy Renters Insurance
Many renters feel that since they don't own the property the live in, there is no need for insurance. Surveys have revealed that over half of those who rent a house, apartment or condo have not bought renters insurance. Let's look at some of the common reasons people don't buy renters insurance. ...
The Basics of Renters Insurance
When disaster strikes, it doesn’t differentiate between rented buildings and owned homes. Renters face the same risk as homeowners. Your landlord or condo association may have insurance, but it only protects the building structure, not the personal items inside. Renters insurance can protect your belongings in case of disaster....
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