Maryland Renters Insurance – Where to Get the Best Rates

More than 75% of renters in Maryland do not have rental insurance, meaning they have no protection against losses to their personal property. However, many landlords are beginning to require their tenants to carry renters insurance.

Here’s how to get the best rate on Maryland renters insurance.

Why You Need Renters Insurance

Required or not, renters insurance is a good idea to have. It provides you with several types of protection:

* It pays to replace your personal property when damaged by fire, lightning, windstorm, hail, smoke, vandalism, malicious mischief, theft, and other covered perils. This includes protection if your property is stolen or damaged someplace other than at our home: for example, if your bike is stolen from a library parking lot.

* It pays court-awarded damages if someone is injured while visiting you and sues you.

* It pays for repairs to your landlord’s property.

* It pays your living expenses when your rental is damaged and you have to live somewhere else during repairs.

Finding the Best Rate on Renters Insurance

Fortunately, renters insurance doesn’t cost a lot. In fact, the average cost for renter’s insurance in Maryland is $12 a month for $30,000 worth of property coverage and $100,000 worth of liability coverage. You may even pay less if you qualify for discounts such as …

* A multi-policy discount, if you have your auto and renters insurance with the same company

* A non-smoker’s discount

Keep in mind that insurance rates do vary, so to make sure you are getting a good rate it pays to do some comparison shopping. Thanks to the Internet, comparison shopping is easy. All you need to do is go to an insurance comparison website and complete a simple questionnaire. You’ll then receive quotes from multiple A-rated companies and you can choose the best one for you.

If you have any questions during this process, the best insurance comparison websites have insurance professionals on hand to answer those questions (see link below).

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

The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries, and have written numerous articles on Maryland renters insurance.

Where to Get Free Renters Insurance Quotes

If you live in an apartment or rental home and don’t have renter’s insurance, you are at risk of financial loss if anything happens to your personal possessions. You may not realize it, but your landlord’s policy doesn’t cover your belongings. Fortunately, you can get free renters insurance quotes on the Internet and soon have coverage for your belongings.

Renters Insurance Coverage

Renters insurance covers your personal possessions from loss by theft, vandalism, fire, smoke damage, and acts of nature. It also pays for damages and legal fees if someone hurts himself in your residence and sues you.

To figure up how much coverage you need, add up how much it would cost to replace all your possessions if they were damaged or stolen. It’s a good idea to make an inventory of your possessions, including serial numbers, in case you ever have to make a claim.

The cost of renters insurance varies depending on such factors as:

* How much coverage you need

* What your deductible is

* Where you live

Generally, a basic policy will cover around $20,000 worth of your possessions and cost around $200 to $250 per year – a small price to pay for peace of mind.

Free Renters Insurance Quotes

To get your free renters insurance quote, you need to go to an insurance comparison website, where you complete a form with information about yourself and the property you are renting. For example, you’ll need to type in

* Your name, address, and age

* Whether you have any pets

* Construction type of the dwelling

* Type of heat

* Number of connected units

You will also need to enter the coverage amount and the deductible amount you want for your insurance. The deductible is the amount you pay toward a claim before you insurance company pays.

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

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

Renters Property Insurance – Get the Best Rate

You know you need renters property insurance to protect your personal property, but how can you get the best rate with a reputable company? Here’s how …

Renters Property Insurance

Renters property insurance pays to replace your personal property – furniture, clothing, electronics, etc. – when it’s stolen or damaged by fire, vandalism, or natural disasters.

It also pays claims made against you when someone injures himself or damages his property in your home, and it pays for your living expenses if your home becomes uninhabitable due to a fire or other disaster.

Save on Your Renters Property Insurance

Here are some ways to save money on your renters property insurance:

Comparison Shop

Renters property insurance can vary by hundreds of dollars from one company to another, so you need to go to an insurance comparison website to get rate quotes from different companies (see link below). Compare quotes from at least three companies then choose the cheapest quote that provides the best insurance coverage.

Increase Your Deductible

The deductible is the amount of money you pay toward a claim before your insurance kicks in. Renters insurance deductibles start at $250. Increasing your deductible to $500 can save you up to 15% on your premiums. Increasing it to $1,000 will save you up to 25%.

Buy Your Renters and Auto Insurance From the Same Company

Most insurance companies will give a 10% to 15% discount if you buy both your renters insurance and your auto insurance from them.

Install Safety and Security Devices

Insurance companies will give you discounts if you have smoke detectors, dead bolt locks, window locks, fire extinguishers, and sprinkler systems in your home. If you don’t have these devices, ask your landlord to install them, pointing out that it’s to his benefit too.

Get Senior Discounts

If you’re 55 years or older, and retired, you can get up to a 10% discount on your renters property insurance.

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

Why Do I Need Renters Insurance? – What All Renters Should Know

“Home insurance is only for people who own homes, right? And I rent my home (apartment, condo), so why do I need renters insurance?”

Fact is, you do need renters insurance unless you want to risk losing everything you own. Read on to learn the truth behind common renters insurance myths.

Myth: As a Renter I’m Covered By My Landlord’s Policy

Your landlord probably does have home insurance covering the property you rent. But it only covers the building itself. It will not …

* Cover your possessions if they are stolen or damaged.

* Provide you any money for living expenses if your home is damaged and you have to live elsewhere during repairs.

* Cover you if someone is injured while visiting you.

You need to buy renters’ insurance to provide these coverages.

Myth: I Don’t Have Enough Possessions to Buy Renters Insurance

You may not think you have very much stuff, but if you take an inventory you’ll be surprised at how much you actually own. Walk from room to room in your house and write down everything you own, including:

* Sports equipment, such as bikes, skis, tennis rackets, etc.

* Electronic equipment, including television sets, computers, cameras, phones, music players, etc.

* Clothes and shoes

* Furniture and appliances

* Books

* Linens

* Kitchen items, including pots and pans, silverware, dishes, and utensils

* Tools and hobby equipment

* Jewelry and collections

Now think about how much it would cost to replace all these items!

Myth: I Can’t Afford Renters Insurance

Renters insurance costs less than you think. The average cost is $200 a year ($16 a month) for $30,000 worth of property coverage and $100,000 worth of liability coverage.

To make sure you get the best rate on your renters insurance, go to an insurance comparison website where you’ll get fast quotes from multiple A-rated insurance companies. The best insurance comparison websites also let you talk with insurance professionals to get answers to your rental insurance questions (see link below).

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

Why Is Renters Insurance A Good Idea?

Some renters tend to neglect to provide insurance for their valuables. It may just be a simple oversight not willful neglect of insurance coverage for the renter’s apartment or house. The landlord usually doesn’t mention it or offer to insure the tenant and his valuables, so the renter may not have insurance.

Renter’s insurance functions like homeowner’s insurance because the main element of protection is for the renter’s personal possessions against theft or damage. Those who are not familiar with renter’s insurance should find out what insurance agencies offer renter’s insurance policies what kinds of protection is offered by them.

A few different policies offer different levels of coverage for all the policyholder’s personal property. These elements of coverage include furniture, clothing, appliances, electronics, and other personal items. They will be protected from fires, theft, vandalism, and natural disasters. This gives the renter the means to seek compensation for the loss of property. Coverage to protect the renter from accidental injuries sustained by other people while they are on the rental property is also available.

With renter’s insurance, one can find extra types of coverage in other areas in order to provide more complete protection. If you want to add this more complete coverage, it will be necessary to pay more for your coverage. This should be an obvious observation to most people. The wise idea is to find coverage that will protect you and others on your property.

The four main types of renter’s insurance coverage to look for; they are personal property coverage, personal liability coverage, improvements coverage, and fire legal liability coverage.

When you choose personal property coverage, the main area of protection you are seeking to cover is your personal processions. If it should be damaged or stolen a claim can be filed to receive compensation for the lost items. This compensation will be based upon a percentage of the total estimated value. The renter is responsible for determining the value of his processions and adding them to an itemized list that the insurance provider will keep.

Personal liability coverage is for the protection of the renter and anyone who may visit the premises. If a person who is visiting you or just happens to be on your property and is injured in some manner, you will not be held liable for the injuries. You will not be responsible for legal or medical costs. These types of policies offer about $100,000 in protection and sometimes more.

Renters who want protection from lawsuits when their rental property is damaged need to obtain improvements coverage. This coverage provides the money to fund repairs or improvements to the property.

Fire legal liability offers protection against legal liability in case there is a fire on the premises, so the owner of the property cannot hold the renter responsible or liable.

There is not one set type of renter’s insurance that is best for every renting circumstance. You are the one who knows exactly what you need in the area of insurance coverage. There is a definite advantage to being protected against liability in all the possibilities of damage or loss or injury. If renter’s insurance is something you can afford, it is a wise investment for you.

Renters Insurance in Dallas – Where to Get the Best Rate

If you’re among the 57% of Dallas residents who rent an apartment, condo, or house, and don’t have renters insurance, you need to invest in renters insurance today.

Why? Because if you don’t have insurance you could lose everything you own. For only a couple hundred dollars a year you can protect your belongings from theft, fire, vandalism, and other disasters.

Finding Cheap Renters Insurance

When you shop for renters insurance, you need to get quotes from several companies so you know you’re getting the best rate.

The best way to comparison shop is to go to an insurance comparison website. Here, you fill out a simple questionnaire with information about yourself, your insurance needs, and the place you’re renting. You’ll then receive quotes from multiple A-rated insurance companies and you can choose the company with the best rate.

On the best insurance comparison websites, you can also talk online with insurance professionals and get answers to all your questions. (See link below.)

Save Even More with Discounts

To save even more on your Dallas renters insurance, ask about discounts you may qualify for. Insurance companies give many discounts that reduce your premium. Some common discounts for renters insurance include …

* Auto/home discount if you insure both your car and home with the same company

* Senior citizen’s and non-smoker’s discounts

* Discounts for having safety features in your home, such as security systems, smoke alarms, fire extinguishers, and deadbolt locks

You can also keep your premium down by setting your deductible as high as you can afford. With a higher deductible, your premium will be lower, though you’ll have to pay more if you ever have to make a claim.

The Bottom Line

Your possessions are not covered by your landlord’s insurance policy, so if you don’t buy renters insurance, you’re in danger of losing everything you own. Act now to buy this affordable coverage.

Visit http://www.LowerRateQuotes.com/renters-insurance.html or click on the following link to get Dallas renters insurance rate quotes from top-rated companies and see how much you can save. You can get more tips and advice in their Articles section, and get answers to your questions from an insurance expert by using their online chat service.

How to Buy Cheap Renters Insurance Online

Looking to buy cheap renters insurance online? Here’s how to do it the easy way and get the best rate possible.

Where can I buy cheap renters insurance online?

The best place to find cheap renters insurance online is at an insurance comparison website. These sites let you compare renters insurance quotes from a number of different companies so you can choose the cheapest rate.

The best insurance comparison websites have an Articles section where you can get money saving tips. They also feature a chat service so you can get answers to your renters insurance questions from an insurance expert, and make sure you’re getting the best rate possible. (See link below.)

How can I get the cheapest possible rate?

Here are seven tips that will help you get the cheapest renters insurance rate:

1. Consolidate Your Policies – By purchasing your renters insurance and your auto insurance through the same company you can save up to 15%.

2. Raise Your Deductible – Raising your deductible – the amount you pay toward a claim before your insurance company pays – can save you 15% to 40% on your insurance, depending on how high you raise it.

3. Install Safety and Security Devices – Insurance companies offer good-sized discounts for installing safety devices like smoke detectors and fire extinguishers, and for installing security devices like dead-bolt locks, window locks, and burglar alarms.

4. Quit Smoking – Because smoking accounts for more than 20,000 home fires every year, insurance companies will give you a discount on your renters insurance if you don’t smoke.

5. Maintain a Good Credit Rating – Many insurers now base your renters insurance premiums on your credit rating, so maintaining a good credit rating can significantly lower you renters insurance premium.

6. Get a Senior Discount – If you’re retired and 55 or older, most insurance companies will discount your renters insurance premium by up to 10%.

7. Ask About Other Discounts – Renters insurance companies give discounts for a number of reasons. Ask your insurer about the discounts they offer and get all the ones you’re eligible for.

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

How to Get the Best Renters Insurance Quote

If you rent a house or apartment, and want to protect your possessions, you need to get renters insurance because your landlord’s insurance won’t cover them. Here’s how to get the best renters insurance quotes.

Why Get Renters Insurance?

Renters insurance will cover your personal property from such hazards as:

* Fire or lightning

* Windstorm or hail

* Smoke

* Vandalism or malicious mischief

* Theft

It will also cover you if …

* A guest is injured while visiting you in your home.

* Your property is stolen from someplace other than your home.

* You damage your landlord’s property and have to pay for repairs.

* Your rental apartment or home is damaged and you have to pay to live somewhere else for a while.

Take an Inventory

To get the best renters insurance quote you need to figure out how much coverage you need. As a renter, you may not think you have enough possessions to make getting insurance worth the money. But sit down and think about how much it would cost to replace your

* Clothes

* Furniture

* Computers, televisions, and other electronic equipment

* Kitchen supplies, such as dishes, pots and pans, silverware, and utensils

* Towels and linens

* Recreational equipment, such as bikes, skis, and camping supplies

* Other items, such as books, jewelry, DVDs, and CDs

Make a list of all the items you own, including serial numbers and purchase price where possible. This list will help you figure out how much coverage you need.

Get Quotes to Compare

Once you know how much coverage you need you’re ready to get some quotes.

Begin by visiting insurance websites on the Internet. On many sites, you can fill out one form and get fast quotes from multiple companies. Some sites even have a chat feature so you can get answers to your questions from an insurance professional. (See link below.)

Ask about Discounts

The best renters insurance quotes will include discounts such as:

* Multi-policy discount, if you have your auto and renters insurance with the same company.

* Non-smoker discount, if no one in your residence smokes.

* Safety and security discounts, if your residence has deadbolts, smoke detectors, burglar alarms, or other safety devices.

Visit http://www.LowerRateQuotes.com/renters-insurance.html or click on the following link to get the best renters insurance quotes in your area from top-rated companies and see how much you can save. You can get more renters insurance tips by checking out their “Articles” section.

How to Get the Best Renters Insurance at the Best Price

Shopping for renters insurance? Want to know how to get the best renters insurance at the best price? Here’s how …

Renters Insurance

Contrary to popular belief, your landlord’s insurance does not cover your personal possessions if they’re damaged or stolen, so if you want to protect them you need to get renters insurance. Here’s what renters insurance covers:

Personal Property

Renters insurance covers your personal property like furniture, clothing, TVs, and electronic equipment. It pays to replace this property when it’s lost or damaged due to fire, theft, vandalism, explosions, wind and water damage (excluding floods).

There are two types of personal property coverage: 1. Cash value coverage which pays the depreciated value of your damaged or stolen property. 2. Replacement cost coverage which pays the full amount of your property. Replacement cost insurance costs a little more than cash value insurance, but it’s worth the extra cost to get full coverage.

Renters insurance pays only a limited amount for expensive items like jewelery, furs, collections, etc., so you’ll need to need to get additional insurance in the form of a rider to cover these items.

Personal Liability

If someone were to slip and fall in your residence you could be sued and be liable for thousands of dollars in damages. Renters liability insurance pays for claims made against you by another person for bodily injury or property damage.

Best Renters Insurance Price

Insurance prices vary dramatically from one company to the next, so the first thing you need to do is to go to an insurance comparison website. Here you can get quotes from a number of different companies so you can get the best rate.

These sites have you fill out a questionnaire so you can tailor your insurance to your needs. You’ll be asked what deductible you prefer and what discounts you want. Get the highest deductible you can afford to pay, and all discounts you’re eligible for.

Some insurance comparison websites also offer a chat feature where you can talk online with an insurance expert who will answer all your questions. You can use this feature to find out what discounts are offered so you can take advantage of them. (See link below.)

Visit http://www.LowerRateQuotes.com/renters-insurance.html or click on the following link to compare the best renters insurance rates from top-rated companies and see how much you can save. You can get more renters insurance tips by checking out their “Articles” section.

Home Insurance – an Introduction

For the majority of the population, their home is the most expensive and important thing they own. Not only does it provide a place for them to live, put also one to store most of their worldly possessions.

For this reason, you would think that home insurance is something that many of us wouldn’t think twice about taking out. However, it is estimated that a staggering 25% of households across the UK are not protected with any kind of home insurance.

To begin with, it’s important to point out that there’re two main types of house insurance; the first, contents insurance, and the second, buildings insurance.

Their names are pretty self explanatory as to what they cover, knowing which one you require however, sometimes is not.

Contents insurance could be considered the most “basic” type of cover, as it should be purchased by both homeowners and tenants.

This type of cover generally insures all of the items in your home, from the most expensive things (e.g. TVs, PCs, other miscellaneous electronics) right down to the more “day-to-day” items (e.g. clothing, kitchen & bathroom ware).

Secondly is buildings insurance, which as the name suggests covers the actual structure of the building. Those simply renting a home do not usually require such cover, as it is generally the responsibility of the landlord to ensure his/her building(s) are insured.

You may find that some insurance company’s sell contents and building insurance as a bundle when you purchase a new home.

Both home insurance policy types will have very specific definitions on what they do and do not cover, and premiums will vary considerably depending on individual circumstances.

For instance, some contents cover polices may exclude certain items, whereas some may even insure possessions lost abroad.

The premiums on buildings insurance generally depend on such factors as location, age, the stability of the land the house is on and the actual structure of the house.

As this is likely to be the most important insurance cover you ever take out, it is important you thoroughly research the house insurance market allowing you to get cheap home insurance.