Ways to save on your renters insurance

It’s a good idea to consider purchasing renter’s insurance when you rent a house or an apartment. Many people don’t consider, or even realize, that a landlord only has insurance for the building itself. This does not include coverage for all your belongings such as your television, computer, DVD player, clothes, jewelry, furniture and other valuable possessions.

In the event of a fire, or if something is stolen or damaged, all of your belongings are lost if you don’t have renter’s insurance. You can easily realize the value of purchasing rental insurance once you understand what your landlord will and won’t cover. The good news is renter’s insurance is relatively inexpensive; there are many ways to save on your renter’s insurance.

Shopping around is the most important action you can take for saving on renter’s insurance. Start by comparing the quotes of different companies and find out which one is the most suitable for you. Insurers are likely to give you a reduction if you have several insurance policies, such as a car policy, by the same company. Also if you opt for automatic payments, this will reduce your expenses. You can do this by allowing your insurer to directly withdraw your monthly payments from your bank account; this will reduce your bill by dollars each month.

Online shopping can save you money and is often the fastest way to compare rates. There are even insurance comparison websites that give the possibility to compare renter insurance quotes of different companies. If you fill in the necessary information, the site gives you a calculation about of the premium in several companies, and often you’ll see some of the differences are higher than you expect. It is not unusual to save more than 40% on your renter’s insurance by exploring the different rates through comparison shopping.

Raising the deductibles of your renter’s insurance will give you a high savings. A large deductible will prevent you for using your renter’s insurance for small claims, and this approach saves you money in premiums. Most insurance companies add a surcharge from 10 to 75% which is dependent on the quantity of claims during a certain time period. When you raise your deductibles to a higher amount you can save a higher percentage on your premium, but be sure you can afford to pay the higher deductible if something were to happen. Carefully consider the consequences of this decision because if the deductible is into your savings, the premium can lead to

There Does Need To Be Written Permissiion To Look At Your Credit Report

Getting your credit report checked is a pretty common process. It happens every time you apply for a loan, a mortgage, a credit card, or any other form of credit. The people you are applying to borrow from check your credit to see if you are at risk of not paying them back. This is the factor on which lenders base their decision of whether or not you get the loan, mortgage, or credit card, and sometimes on which they base the interest rates by which you will be paying.

Who else checks your credit? Your employer, or a potential employer. These people have access to your credit history because some of them believe that you will handle your job the way you handle your credit, and therefore base how responsible you are on that factor. This can determine whether or not you get an important job.

There is a variety of people who have access to your credit, and these are a couple of the obvious ones. But who of all these are allowed to check your credit score are allowed to check your credit without your permission, and who of them have to have your consent? Most of them do not even have to have your authorization, but only need to have a legitimate business need.

There are certain companies who have the authority to check your credit report if they have a reason to, like banks who need to check and see if you will pay back the loan you applied for, or a credit card company who is looking to see if you will be able to make the monthly payments they require before they activate your credit card account. These people have the right, because you basically give them consent when you apply for that credit. Your rights concerning who sees your credit history and who does not are listed under the Fair Credit Reporting Act.

Potential employers or present employers are allowed access to your credit report as well. However, they are only allowed to access it if you give them consent. This permission can either be given verbally or in writing, but most employers will ask you to give it in writing so that they have proof of your consent.
Other companies will usually ask for your consent. They do not necessarily always need it, but they will ask. This is often done out of courtesy to the person whose credit history they are viewing.

There are others who can access your credit history without your consent, like landlords, insurance companies, companies with which you are applying for government benefits, child support agencies, and other government agencies. Some of these are often limited to only certain parts of your credit history, like your name, address, former address, and past and present employers.

The Cost of Poor Credit

Millions of Americans have credit reports that reflect a less than ideal credit history. If you fall into this category, you’ll soon find that the cost of poor credit can penetrate deeply into your life. You may not be able to qualify for a small personal loan, secured credit card or computer loan. And it doesn’t end there. Lenders, employers, landlords, insurance companies, and other organizations often look at your credit report in order to evaluate your financial status.

Your credit worthiness is reflected by how well you manage debt and how often you make on-time payments. Every time you apply for credit to purchase high-value items such as a house or car, your credit history gets thoroughly reviewed. Most financial institutions consider your credit scores as a benchmark to determine credit worthiness. They take this figure seriously, and it is often the most significant factor in their decision-making process.

If you have a poor credit history or a low credit rating, a business may deny you the credit you request. Bad credit scores can take away your chances of getting approved for a mortgage, car loan, personal loan, or even a credit card. If you are able to get a loan, you may have to accept unfavorable terms and conditions. Some credit card companies might issue you a card, but only grant you a small spending limit.

When lenders take on customers with lower credit ratings, they often charge higher interest rates. This is done in order to compensate for the higher risk a borrower holds on account of failing to pay monthly installments, late payments, or defaulting entirely. Additionally, lower credit scores may result in a tight payment schedule.

The lending industry charges different rates, based on the health of your credit score. From credit cards to mortgage loans, people with poor credit end up paying much more over time than those with outstanding credit. Let’s consider a few examples of the cost of bad credit with respect to various products.

Mortgage Loans

A mortgage often involves a large amount of money, so even a 0.5 percent interest rate variation can become significant. You could end up paying around $5,000 more on a 15-year mortgage, for instance.

Auto Loans

The rate you’ll receive on a car loan can vary greatly, depending on your credit rating. Say two people apply for a loan of $18,000 to purchase identical cars from the same dealer, and plan to repay the loan in 3 years. The only difference is their credit rating: Person X has excellent credit, while Person Y has bad credit. Person Y will attract a higher interest rate. The monthly installment and total payout for Person X might be $532.07 and $19,154.52, respectively. However, Person Y’s monthly installment and total payout could come out to be $677.69 (145.62 more than Person X) and $24,396.84, respectively. So the person with bad credit will pay approximately $5,242 more for the very same car.

Even if your credit is not terribly low and you qualify for a loan of 13 percent, you would pay approximately $2,679 more for the same car purchase by Person X.

Credit Cards

When customers with excellent credit ratings apply online for a credit card, they are usually approved for the card within minutes. They might receive an attractive interest rate, such as 9 percent, and have no annual fee.

Those with poor credit, however, will face more difficulties in the process. It may be hard to get their application approved of, and even then a high interest rate might be attached. Receiving a rate between 19 and 24 percent is common. An annual fee ranging from $200 to $450 may also be included. The magnitude of the extra cost would depend on the monthly balance carried. Overall, however, the person with bad credit will often end up paying at least twice as much as the person with good credit.

The above examples are just a few of the many ways that bad credit can cost you. In reality, the cost difference between good and poor credit can be even greater. More so, the cost of repairing bad credit also tends to be expensive. Think about it: can you really afford to keep your eyes off of your credit score?

Renters Insurance Quotes in California – Where to Get the Best Rate

Think you don’t need renters insurance for your California home, apartment, or condo? If you own any personal property you need renters insurance to protect yourself from loss. Here’s how to get the cheapest California renters insurance quotes.

Why Do I Need Renters Insurance?

Many renters think they don’t need insurance, assuming they are covered under their landlord’s policy. In fact, your landlord’s insurance policy does not cover your personal possessions.

You may also think you don’t own enough to make it worthwhile to buy renters insurance. But if you take an inventory, you’ll realize how much you own and how much it’s worth. Be sure to include the following items in your inventory:

* Furniture and appliances

* Clothes and linens

* Jewelry and collections

* Sports equipment and tools

* Electronic equipment, such as computers, printers, television sets, cameras, phones, iPods, etc.

* Kitchen goods such as plates, glasses, silverware, and utensils

Where do I Find the Best Rates for Renters Insurance?

To help you save money on California renters insurance, visit an insurance comparison website. Once there you’ll complete a simple form with personal information, such as your name, address, and age. You’ll also need to enter information about the place you’re renting, such as:

* Construction type

* Type of heat

* Number of connected units

* Whether you have any pets

In addition, you’ll need to enter the coverage amounts and the deductible amount you want for your insurance.

The best insurance comparison websites also offer an online chat feature. If you have any questions as you complete your form, you can talk with insurance professionals and get fast, accurate answers. (See link below.)

Once you type in this information, you’ll receive quotes from multiple A-rated insurance companies. Then you can simply compare those quotes and choose the company with the best rate.

Visit http://www.LowerRateQuotes.com/renters-insurance.html or click on the following link to get renters insurance quotes in California from top-rated companies and see how much you can save. You can also get more insurance tips there.

Insuring Rental Properties Aids Owners and Tenants

Insuring rental property is critical for landlords and just as vital for renters who own valuable property that would cost a lot to replace. Both landlords and renters can be sued for medical payments if someone is injured on their property, whether inside or outside. Unavoidable mishaps such as high winds that shatter windows, plumbing problems that result in water damage or burglaries that occur on account of insufficient security measures have an effect on not merely the owner who has to repair the damaged building, but also the renters whose property is stolen or destroyed. Landlord insurance does not cover a tenant’s personal property.

Renters Fork Out Far Less for Insuring their Property than Homeowners Do

Renters insurance gives renters so much protection for so small an investment, it is very sensible to have it. Besides covering the replacement cost or actual cash value of everything inside the rental residence, renters insurance offers liability coverage for guest injuries, property coverage away from home, plus living expenses when the renters cannot reside in their rental property during repairs.
 
While renters insurance usually costs between $15 and $35 a month, depending on the tenant’s property, optional coverage and deductible, renters can save by selecting renters insurance from the company that provides their car or life insurance. Lower premiums usually come with higher deductibles, which actually benefits renters. Renters should use their insurance only for major losses, since every claim carries the likelihood of higher premium adjustments.

Tenants should document their property scrupulously to guarantee that they purchase an adequate amount of renters insurance, and save their receipts in a fireproof safe, in their automobiles or in another secure place away from home.

Landlord Insurance Policies can be Minimal or Extensive

Landlord insurance policies vary widely, from minimal “named peril” policies to comprehensive or “all-risk” insurance policies. Since one out of every three landlords is sued each year, ample coverage is essential. Whether coverage is restricted to specified risks or includes every risk not specifically excluded in the policy, landlord insurance applies to storm damage to the building and any of the landlord’s fixtures and appliances inside the rental property. Premiums will depend on a number of factors, from the building’s construction to its residents, and optional coverage makes premiums higher but offers needed protection.

Extra coverage can include shielding from loss of rents, landlord liability that covers legal defense costs and medical payments, coverage for theft or vandalism, earthquake coverage, flood insurance and Replacement Cost coverage, which pays a lot more than an ordinary Actual Cash Value policy that makes deductions for depreciation. Landlords can minimize their premiums by accepting an increased deductible, not accommodating pets or having excellent renters. The increase in lawsuits over toxic black mold has many insurers dropping mold coverage or making it a high-priced option, which could still be needed if the rental property is older or located in a state prone to mold.

Owners should know precisely what their policy covers, what it excludes, and how to file a claim. They also should take photos or videotape their property, take inventory of what they own inside the units, and save superior records of tenant communications. Keeping the property clean and secure can restrict negligence lawsuits, so landlords need to make crucial repairs at once. Owners also should contact their insurance agent or their insurance company’s claims hotline as soon as a covered incident takes place.

Richardson Heights Homes for Sale

Buy-to-let value soaring

It is hardly a secret that the scale of buy-to-let has been growing rapidly in the UK in recent years, but the latest research indicates this is showing no signs of slowing down.
Sainsbury’s Bank carried out a survey of the industry over the year between November 2006 and November 2007, in which it found the aggregate value of buy-to-let properties owned by landlords had risen from £571.38 billion to £641 billion, which equates to an increase of £5.79 billion per month.
Commenting on the figures, the head of home insurance for Sainsbury’s Finance, Steve Johnson, stated: “People have invested a huge amount of money into this sector and as a result of rising house prices many have seen the value of this investment grow substantially.”
Figures such as this suggest that there is no sign yet of a slowdown in investment, given that the period covered includes several months after the onset of the credit crunch, when the overall property market was clearly slowing down. What is undoubtedly the case is both that the total value of these portfolios has risen in recent years through both price growth and higher amounts of initial investment.
The latter fact is borne out by a further finding of the Sainsbury’s research, which showed that buy-to-let mortgages grew by 98 per cent in the three years from the first half of 2004.
Of course, some will wonder out loud whether such an upward trend might continue through slightly tougher times. The answer, according to recent surveys, is yes. The Association of Residential Lettings Agents survey last month revealed two key findings in this regard. Firstly, that nine out of ten landlords planned to hold on to their investments for the long-term, which means that periodic downturns in the market are of less significance than would be the case for speculative investors looking for quick gains. Secondly, four out of ten respondents said they planned to add to their portfolios this year.
In any case, there may be good reasons to believe the overall property market is bouncing back, with increased affordability making buying, whether residential or buy-to-let, cheaper than last year. The Council of Mortgage Lenders has commented today that slower property price inflation and falls in interest rates will improve this situation. As director general Michael Coogan stated: “Affordability has been stretched further in 2007 but the recent base rate cuts and the expectation of future cuts will ease debt servicing burdens in 2008.”
One blot on this horizon may be the spectre of inflation, with the Office for National Statistics revealing today that the consumer prices index rate had increased from 2.1 per cent to 2.2 per cent last month, mainly due to rising petrol, fruit and furniture prices. How much of an effect this may have on interest rate policy may not be clear. In its statement after cutting the base rate last week, the monetary policy committee said it had to “balance” the various risks of higher inflation now against the potentially deflationary effects of lower growth.
In acknowledging that food and fuel could have an upward effect on inflation but that the impact of these factors “should begin to fade later in the year”, the MPC may have factored this scenario in, accepting higher inflation in the short-term in the expectation that it will fall without requiring a tighter monetary policy. This view would be in line with that stated in the November 2007 quarterly inflation survey.
The next such survey, as it happens, will be published tomorrow. Its projections, which the MPC will already have seen, may make clearer to the wider world what is expected to happen in the months ahead. It could well be that the decision made last week reflected an optimistic longer-term outlook. In the meantime, the optimism of buy-to-let investors over their long-term prospects has remained strong.
In today’s world Property investment is an excellent investment option especially investment in UK

7 Reasons Why Would I Get Renters Insurance?

The renter insurance is one of the best supporting documents for the renter. The renter policy gives broad coverage to ensure against the personal property of the renter only. The renter act always insist renter to have renter insurance policy because the renter insurance will protect the household goods. You must have to purchase the renter insurance to protect your belongings because the landlord policy could not cover your belonging. It will only cover the damage of the building.

There are six main reason to purchase the renter policy are:

1. The renters insurance can give protection of personal belongings and can minimize the economic burden of restoring or changing of your personal goods in case of any natural disaster or calamities or any other reason. The renter insurance policies give medical expenses, living wages and provide the liability coverage. I think it is the best policy for the renter to protect their belongings.

2. The average renter Renters passes through various types of threats in a year for their personal belongings. There are 17 threats for renter some of are under control for human beings. The number of threats includes Hurricanes, Katrina, Fire, thefts and sabotage etc.

3. Looking to the present condition it is essential for renter to have coverage against all the threats for their personal belongings because landlord policy could not cover all the threats. It only covers the damage of the house. So in such cases Renter policy can help you to give protection against your belongings. The renter policy covers furniture, electronics item like TV, computer, stereo and many more things.

4. The renter policy also cover third party coverage incase the person injured at the time of natural calamities at your floor or due to any falling object on the person etc. The renter policy can give enough protection against such third person injury.

5. The renter policy is not much expensive. There are many company provides renter policy at the discount rate. You must have to review all the policy and get the best one.

6. If you want to move from your present rental place to another place. The renter policy can arrange for the payment for your optional living arrangements.

7. There are several companies declared special scheme like incase if you buy an auto policy you can get more discount on your renter’s policy vis-à-vis in many state. I think it is advantageous one must get discount on the renter policy.

The renter policy is one of the important policies, which can save renter from 17 different threats. It is advisable that every renter must have the renter insurance policy to avoid any economic burden on the family.

Home Insurance – Flat Rates

Some renters believe that it would take them up to two years in order to buy back any items that were stolen from their property, so it is incredible that 37% of people questioned by a leading insurer admitted to not having their possessions protected by home contents insurance.

This statistic is quite shocking, especially as 33% of the renters questioned believed that items in their flat could be worth as much as £10,000 and that some individual items would reach £1,500.

One of the reasons for tenants not having home insurance was that they believed that their property in the flat was covered by the landlords insurance, which is not the case. Another cause for renters not having house insurance was that they thought the risk to their property was too minimum so didn’t think it was worth investing in.

The major reason for people not investing in home contents insurance was because they had other financial obligations such as their other monthly bills which were felt to be more imperative. However, there were a fifth of people simply preferring to spend their money on luxuries such as; holidays, socialising and shopping. Yet, with burglaries being a threat to everyone and with £8 billion worth of uninsured goods being at risk of damage from crime and harsh weather conditions, perhaps investing in even a cheap home insurance would prove to be best for you and your property.

Why Valentine’s Day Makes Home Insurance Even More Important

You maybe be able to reason that you don’t live on a flood plain or your house is more cute and cosy than grand designs and therefore home insurance would be just another way to ensure that the big bankers keep getting bigger bonuses. If this is the case you probably wouldn’t expect that St Valentine the patron Saint of Love would put a very good case forward for insuring your home.

Statistics released by PayPal state that on average this Valentine’s Day, the romantics in this country will spend in total over £1.6 billion pounds on their loved ones. This breaks down to an average spend of £71.25 per person, with single men aged between 25 and 34 spending the most to woo their partners. Direct Line estimates that out of the billions of pounds being spent on gifts £467 million will be spent on jewellery. In some cases the jewellery brought may significantly increase the value of the contents of a home and is much easier to steal than other high value items due to its size.

Whilst Valentine’s Day is the perfect opportunity to show your loved one how you care, it is worth thinking about protecting any expensive gifts that you buy to avoid heartache later on. It may not be top of the agenda for a romantic Valentine’s Day evening to ring around trying to obtain suitable insurance quotes, but planning ahead will pay dividends if that expensive gift gets lost, stolen or broken later on. Being able to replace something that contains so much sentimental value as well as actually value will help to ease the pain.

It is especially important to think about taking out home insurance if you live in rented accommodation. Recent figures from Zurich Insurance say that around £8 billion worth of household possessions are not insured. The majority of those not covered were private renters, ever though they estimated the net worth of their goods to be more than ten thousand pounds per household and with some individuals items costing more than £1500. When asked how long people thought it would take to replace all of their belongings 20% felt it would take a minimum of two years, and 30% felt that they would never get everything back.

When asked why people were deciding not to insure their home, some tenants thought that their possessions were already covered by their landlords insurance and another 25% felt that the risk of losing everything was minimal. However you don’t have to lose everything for home insurance to be worth the money. Just imagine if this year Saint Valentine brought you, your perfect gift, but if it ever was to be lost you may not be able to get it back.

Public adjusters and appraisers working for you, not the insurance company in South Florida – palm beach county

Did you suffer loss from any of the following….

• Lightening
• Pipe Burst
• Theft/Vandalism
• Water Damage
• Roof Leaks
• Fire
• Flood
• Hurricane
• Wind Storm
• Mold Damage

Are you worried about how your insurance company is handling your claim?
Do you know what is covered under your insurance policy?
Are you disappointed due to your unfair insurance settlement?
Is your insurer denying to pay your claim?
Have you wished, “If only I could have someone to assist me to get through the hassle of claiming insurance?”

Relax!

Equitable Public Adjusters & Appraisers, a licensed Public Adjuster firm based in Florida, which works for you NOT THE INSURANCE company. We exist as your representatives to appraise and negotiate and fight to get your insurance claim settled. Our Personal have more then 40 years of experience handling claims. Our goal is to maximum your insurance settlement.

Our clients are from various spheres, from homeowners and condo associations to business owners, commercial and industrial property owners, our territory from Palm Beach County, West Palm Beach, Boca Raton, South Florida, FL, Wellington, Palm Beach and beyond.

We, as professional public adjusters, ensure prompt and satisfactory service to you. What you see here are just three testimonials from the many clients who received tremendous difference in the amount of a policyholder’s settlement.

Our client in a Hurricane claim in Wellington had been offered $43,647.35 from the insurance company. We helped the client to receive $67,936.95.
Our client in a Condo Storm in Juno Beach had been offered no coverage from the insurance company. We helped the client to receive $173,107.24.
Our client in a Hurricane claim in Palm City had been offered $25,039.27 from the insurance company. We helped the client to receive $55,227.52.

Do you think you collected the correct amount from your insurance company?

Don’t allow your insurer to take advantage of you. Unfortunately, many policyholders are unaware about the services of Public Adjusters who can deal directly with the insurance company on your behalf. Don’t let your insurance company drive your claim. Let our extensive knowledge about the insurance industry work for you!

Equitable Public Adjusters & Appraisers is specialized in working through the following responsibilities:
1. represent you the insured during an insurance claim process.
2. Prepare and submit all the required documents to the insurance company, such as estimates, expert reports etc..
3. A free review of your claim even though you have settled with your insurer.
4. Re-open your insurance claim and correct errors in your estimate, collect money where your insurance company told you “there is no coverage for that damage”.
5. Appraise all coverages that may be pertinent to an insurance claim.
6. Identify the exact value of your damage.
7. We know your insurance policy better then your insurance company. We will let our 40+ years of experience work for you.

Well, are you thinking about your closed, denied, or new claim. Don’t worry! There is no charge to you unless we collect from your insurance company….! We do not get paid unless you do..!

Contact us right away:

Equitable Public Adjusters & Appraisers
12794 Packwood Road Juno Beach, FL 33408
Phone: 561-625-0096
http://www.equitablepublicadjusters.com