Reasons to Get Renter’s Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

Many people these days are anti-insurance and view policies as being a hustle intended to divest ones hard earned money due to the slight probability that something might happen to harm you or your possessions. In this post, Long Island Insurance Executive, Gregg S. Marcuswill explain why it is vital to take out a renter’s insurance policy even in the unlikely event of a disaster occurring.

Thievery is obviously an awful occurrence, unfortunately it exists and it is at often times difficult to prevent. It is common that even individuals you trust and welcome into your home may take advantage of your kindness and possibly walk out with an item or two of yours. It is circumstances such as this that you should possess a form of insurance to protect your valuables. An average renter’s insurance policy will layout what specific items are covered as well as their costs.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

What You Need to Know about Renter’s Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

Renter’s insurance offers protection from life’s unpredictable events. Many renters assume that they are covered under your landlord’s insurance policy, but often that is not the case.  A landlord’s insurance policy usually only covers damage to the building itself, not the residents actual possessions. Renter’s insurance ensures that you can protect your own belongings from a disastrous situation. A Renter’s insurance policy typically covers the losses of your personal possessions; this is similar to a homeowner’s policy for those you have their own house, though it does not cover the damage of the building you live in; that is your landlord’s concern. In this post, Long Island Insurance Executive, Gregg S. Marcus will explain the importance or renter’s insurance and what a typical policy will cover.

A renter’s insurance policy will cover the costs of replacing personal items that are stolen, damaged, or destroyed due to an incident.  The types of disasters that are typically covered are things such as fire or lightning, windstorms, riots, smoke, vandalism, or theft. These tragedies would not be covered under the landlord’s homeowner’s policy and you would be left on your own to replace anything that was lost or damaged. It should be noted that renter’s insurance does not usually cover earthquakes or flood, additional policies specific to these disasters must be purchased.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

How Important is Renter’s Insurance?

Here is an excerpt from a new blog post at GreggMarcus.com:

A homeowner’s insurance policy protects those who own their own house in the event of a tragedy, theft, or any other unforeseen incident.  Those individuals who rent instead of owning a home, renter’s insurance exists to offer the very same protections.  People whom of which live in apartment buildings are not usually required to have insurance, though in many cases it is a very good idea to have it. The owner of the building may have an insurance policy which offers some protection in the event of fire or theft, but that policy will not cover one’s personal belongings. Renters who possess valuable belongings should consider purchasing a renter’s policy in order to protect themselves. In this post, Long Island Insurance Executive, Gregg S. Marcus explains the importance of renter’s insurance and the options available for purchase.

Most renters will indeed require an insurance policy. Financial compensation is given in the event personal belongings are destroyed, stolen, or damaged in any way shape or form.  Renters may have inexpensive items that can be easily replaced. And other renters may just simply not care about having to spend extra money to replace their belongings in the event of an accident, although this group of renters tends to be a small one.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.