Renters Insurance
Wednesday, February 11, 2009 at 04:53PM 
One thing we commonly run across as we handle claims involves content losses in a tenant/landlord relationship. Most landlords have purchased property insurance to protect them financially if a catastrophe occurs. However, most often, renters have no coverage for their contents which are also affected by the loss. Whether fire, smoke or water damage, the loss of contents can be significant. The sad fact is that renters insurance is extremely affordable. So, fi you are a renter, there are a couple of articles I'd like to refer you to for more information. First, follow this hyperlink to the Savannah Morning News: http://savannahnow.com/node/539646 . Here the writer expresses his own experience with a loss as a renter and the good result he had since he had renters coverage. Second, check out this link to Georgia State University's Center for RMI Research: http://rmictr.gsu.edu/FAQS/renters.htm. This is an excellent resource with information regarding renters insurance as well as answers to common questions.
With so many homeowners facing foreclosure in these times of financial crisis, I hope that this information will be helpful and informative to the growing number of those in a tenant/landlord situation. And I hope that if a catastrophe strikes, you'll be among those with coverage to protect your valuable property!
Jerry Quarles - Senior Estimator
Reader Comments (1)
Thanks for the timely reminders! I think there are alot of renters who don't realize they need coverage for their belongings. And it really is very affordable. My husband and I rent, and for less than $300 a year we have the peace of mind that our contents are covered should anything happen. That is less than $25 a month!