Affordable Renters Insurance
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Affordable renters insurance allows you to protect your property even if you don’t have a lot of money to spend.
Renters insurance covers renters in the case of such unfortunate events as theft, fire and flood. Whether the tenant is renting out a house or an apartment, affordable renter's insurance can be found to provide this helpful safety net during difficult times.
Geico Renters Insurance
Geico is arguably most known for their car insurance plans. They also offer affordable renters insurance. They are also known for their reasonable prices when it comes to covering car owners, and these same affordable rates carry over into their Geico renters insurance. The exact rates are dependent upon several factors, but Geico offers a free quote so you'll know what you're getting and how much you'll have to spend in advance. According to their website, they cover your property, including televisions, computers, furniture, clothing and jewelry. They even have a personal property calculator to help you determine the value of each item. In addition, plans are available to cover you should someone get injured on your rented property.
Nationwide Renters Insurance
Nationwide also offers affordable renters insurance. According to their official website, they offer a variety of plans which you can tailor to suit your particular needs. Also like Geico, Nationwide renters insurance plans are available to cover you in the event of an accident where someone gets injured on your rented property. Those who already have auto insurance through Nationwide are eligible for a discount. So too are those whose rented house or apartment features alarms, deadbolts, sprinkler systems and fire extinguishers.
GMAC Renters Insurance
GMAC renters Insurance offers similar coverage as Geico and Nationwide when it comes to affordable renters insurance. This includes protection of personal property as well as for medical expenses incurred by those who are injured while in your rented space. GMAC Insurance names a number of what they call "named perils" on their official site for which you will be covered. These include: fire, lightening strikes, explosions, vehicles, windstorms, hail, weight of ice and snow, and damage caused by rioters.
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E.M. Bly 16 months ago
Thanks for the info. I've been looking for affordable renters insurance and this gave me some solid leads.