Renters Insurance

With more than 43 million renter-occupied units, the number of renters in the U.S. is near an all-time high, according to the Census Bureau. The Insurance Information Institute offers the bigger picture, showing that only 41 percent of the renters carry renter’s insurance, far from the 95 percent of homeowners who carry homeowners insurance policies. […]

Household formation has changed dramatically in the last decade—pressured by the high down payment costs and limited stock supply, residents are deterred from their homeownership dream and have no other option but to rent. But there are renters and renters, those who live a carefree life and those who struggle. Here are some steps to […]

The year 2018 is thought to be less dramatic than 2017, weather-wise. Colorado State University released its latest Atlantic seasonal hurricane activity and landfall strike probability forecast, which envisions that the 2018 Atlantic hurricane season will include an additional nine named storms, three hurricanes and one major hurricane (Category 3 or stronger) by the end […]

It’s not long until school starts again and college students will move out of the nest and onto or close to campus. At this young age, they might not be aware of insurance needs, but parents should be prepared for anything, especially if your child will live off campus during their university years. If the […]

There are nearly 44 million renters in the U.S. and close to 60 percent of them don’t have the kind of protections offered by renters insurance. A big part of those who don’t have it don’t even know it exists, not to mention how much it costs, which is the price of just two movie […]

Renting might not come with as many responsibilities as owning a place, but too many people go wrong assuming that they can skip insurance simply because they’re leasing. It’s still baffling that while some 95 percent of homeowners carry homeowners insurance, about 59 percent of renters don’t. They do so without acknowledging the major risks […]

We’re almost there, fireworks have begun popping and grills firing up for the 4th of July celebrations. This wonderful time of getting together and sharing food and laughter can, unfortunately, can take a wrong turn and get people injured, damage properties and cause significant liability for hosts, homeowners and renters alike. We here at Resident […]

Officially, the start of the hurricane season is June 1 and lasts until November 30. However, in mid-May, the first tropical disturbance of the year was forming in the Gulf of Mexico, with some 10 percent chances of becoming a hurricane. While chances of it actually turning into a mighty hurricane are slim, its appearance […]

Renters insurance offers valuable protection against damage or destruction to property, but you might need to cancel it at some point for various reasons—you move to another address, or perhaps you’ve bought a home and you’re switching to homeowner’s insurance. How do you go about that? First and foremost, check your lease agreement. More and […]