What is Renters Insurance?

Renters insurance is a type of “homeowners insurance” that is used for insuring your personal belongings and liability when you are renting an apartment or a home. The insurance policy that protects the building you are renting only provides coverage for the owner of that building, leaving you out to dry if the building were to burn down, have a break-in, or any other potential loss.

Here are a couple of potential insurance losses you could have as a renter:

  • Scenario 1 Let’s say you rent a home in PA and it is in your lease that you are responsible for maintenance of the property, such as cutting the lawn and shoveling snow. A winter storm comes through, leaving a layer of ice on your walkway, and someone slips outside of your home and gets hurt. Once an attorney gets ahold of the case, they are going to sue the owner of the building, as well as the tenant (you). If you do not have a renters insurance policy, your personal assets could be at stake to help pay the medical bills of the injured person.
  • Scenario 2 You finally got your own place. You bought new furniture for the living room and bedroom. You decorated beautifully. However, you didn’t think to buy renters insurance. Another tenant falls asleep while cooking dinner 2 doors down and, next thing you know, all of that money you spent just went up in flames (unfortunately, I’ve seen it happen). The apartment takes no responsibility in replacing your belongings so, in the absence of a renters insurance policy, you are out of luck.

Fortunately for you, renters insurance in Media, PA is cheap. Policies can be as low as $125 per year and takes very little time to get a quote. Furthermore, if you bundle with your auto insurance company, you will get a discount. In some cases, this discount is enough to eliminate the cost of the renters insurance altogether.

Finally, Geico, State Farm, and Allstate are not the only companies that offer renters insurance in PA. They just spend the most money making sure you know they do it. In most cases, the rates that you can get through an independent agent will be much better than you get through the companies I’ve mentioned above. Independent agents are contracted to write insurance with a number of companies, giving them the ability to shop your insurance for you. You also get an advocate that works for YOU, not the insurance company… all for less than you would pay one of those big marketing companies like Geico, State Farm, and Allstate. Keep in mind, you are paying for all of those commercials.

 

Call Risk Averse Insurance in Media, PA to discuss your homeowners insurance or renters insurance.

Risk Averse Insurance is an insurance agency in Delaware County that specializes in providing high-quality insurance products at an affordable price.

 

OTHER RECENT POSTS

Our customers agree...

Those are just the first 7 reasons... Find more here!

Don and Megan were extremely helpful and a pleasant to work with. Highly recommend. They went above and beyond to get me insured quickly and at a really good rate.
Jojo Anaya
Jojo Anaya
Our construction company recently switched over to Risk Averse Insurance. We moved all of our policies over to this company. Our agent, Don Blizzard, was amazing! He was upfront and explained everything to us so we understood what we were getting. He made the process very easy and the turn around was very fast! There were no issues! Not only did we get great deals, we got better coverage than we ever had. I would definitely recommend this company! They are the best!
Kelly Robb
Kelly Robb
I recently switched to this company this year for all my business insurances and couldn’t be happier. The service my agent Don Blizzard provides is amazing. I started recommending to all my colleagues and family. Definitely worth reaching out for quotes if you’re a business contractor. Thanks again team
Louis Litwin
Louis Litwin
Just had to file a big claim for a stolen vehicle full of all my professional equipment----the policy they wrote allowed me to get real value back for my stolen equipment so I can come back even stronger!! Big thanks to my agent Don Blizzard for doing such a great job!
Ed Sheridan
Ed Sheridan
Don Blizzard is my agent with Risk Averse and he is absolutely the best. He is quick to respond with any questions or concerns I may have, gets me my certs way faster than expected, and is great at explaining things in a way that a layman can understand. I highly recommend Don and Risk Averse Insurance.
Sean Carter
Sean Carter
Don is a great insurance guy he dose my personal and business insurance every time I call he answers and takes time to answer all my questions and guides me in the right steps
Blaine Kunselman
Blaine Kunselman
I have been using them for over 5 years now and I'm very happy with the service; they always do the best to get me the best and current up-to-date deals and excellent to deal with. I recommend.
Chauncey Brown Jr.
Chauncey Brown Jr.
Ive worked with Don for the last few year's. When I started my buisness I knew I needed help and didn't know where to start.I knew I needed an absolute beast of an agent and every other owner/ operator I talked too said if "You don't have Don Blizzard as an agent then you dont have the best agent. "He took a chance and helped me grow my buisness to where its at today. Riskaverse is the absolute best and since starting my buisness all my insurance is through them with help from Don Blizzard. He has a way to explain it to me where I understand my coverage and exposure and the commercial side including Meghan are the absolute best at getting COI'S sent to potential clients within minutes of requesting the copy.Hands down I only go where Don goes and I know whatever policies are written and where my coverage goes my loyalty will always lay with Don.He took a chance and grew with me and I'm forever grateful to all the staff at RiskAverse for being family and buisness friendly and not looking at me as a number or a client but actually caring and finding us the best for which suits our needs.#TeamDonBlizzard #TeamRiskAverse#TeamMegan
James LeBoon
James LeBoon
I work with Don. He has helped lots of my family and friends for their business and personal insurance. He is super responsive, honest, and hardworking to make sure you are fully taken care of in every aspect of your policy. He cares a great deal about each unique situation. I am fully confident anytime I refer Don.
Molly Eckman
Molly Eckman
Anytime I’ve needed assistance, the staff has always been accommodating. I have, and will continue to refer people here.
Allison Parasink
Allison Parasink
The best I've ever used. Don and the team make u feel protected and being able to lay your head on your pillow at night knowing you are protected is worth more than gold.
Dolans Bar
Dolans Bar
Don and his team have been great to work with and always very accessible which is important when dealing with the stress of getting your insurance set up and doing it right. Highly recommend!
Ryan Callahan
Ryan Callahan
I had the best experience. Don helped me with both auto and homeowners insurance in getting us the best price with great service. Highly recommend!
Gloria McAllister
Gloria McAllister
Fred Burns is the absolute best! Highly recommend!
joanne kelly
joanne kelly
Highly recommend!
Jennifer McGonagle
Jennifer McGonagle
js_loader