Based on the age of the building they’re renting in, San Francisco has two kinds of renters. The lucky ones are those who live in a building predating June 1979, because they enjoy the safeguards from outrageous rent hikes and…
Category: Renters Insurance (page 12)
Insurance advice for renting out your home
There is a myriad of reasons you might want to rent out your home. Maybe you have a second home that you lease to tenants, want to rent a spare bedroom in your house through Airbnb, or make some extra…
Renters insurance vs bed bugs
We’ve been making lists with all the scenarios covered by the renters insurance policy, but you might have noticed something missing: bed bugs (add cockroaches and rats, while we’re at it). Bed bugs are considered the responsibility of the tenant—the…
Renters insurance reality check
For most of those who rent apartments in the United States, renters insurance is still a concept rather than a priority. Many believe that their belongings will be covered under their landlord’s policy if anything goes wrong. Sorry to be…
Lesser known benefits of renters insurance
Homeownership is still a dream for many, but renting has its benefits—you don’t have to worry about the building’s upkeep, risk going into default on your mortgage or be stuck in a place for too long. However, even as a…
Why Millennials lack insurance
The American Millennial generation includes more than 83 million people, according to the U.S. Census Bureau. Besides being the largest generation yet, it is also the most racially diverse and most educated. However, when the topic of insurance arises, researchers…
Avoiding Insurance Gaps
Over the last decade, the number of tenants with renters insurance has grown to approximately 40%. Renters should exercise caution to avoid being uninsured for a potential risk. In these instances, it might be a good idea to spend more…
Home security for renters
A study released by the Consumer Electronics Association shows that only 12 percent of renters have a security system. This statistic gets even scarier when you consider that renters are 85 percent more likely to experience a home burglary than…
How to cancel or confirm your renters insurance
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.…
7 Reasons Why Millennials Need Renters Insurance
As you’ve probably noticed in your group of friends, most Millennials rent, rather than own their home. There are many benefits to renting, but not needing insurance isn’t one of them. While you don’t need homeowner’s insurance, you most definitely…