Renters insurance can protect your personal possessions for just a few dollars a month. The cost of replacing your belongings can be quite expensive. Rental insurance can cover your possessions from damages as a result of fire, lightning, etc. It can provide liability coverage and help cover your expenses if you need temporary housing while your building is being repaired or rebuilt after a covered loss.
Call your local agent at 1-855-Go Velox (468-3569) to start saving money on your renters insurance today!
Almost all of us are looking for ways to save more money. Fortunately these days, we can get discounts on almost anything we buy --- including renters insurance. Although it is not that costly compared to other types of insurance, you can even buy it at a more affordable rate. Here’s how:
Improve your apartment’s security.
As a renter, you are at risk of theft. Burglars may steal valuable items in your apartment and damage the things in it at the same time. Thus, this translates to more claims and higher insurance costs. For that reason, Velox Insurance can give you renters insurance discounts if you install security measures within your home.
Get discounts for membership with certain organizations.
Ask your local agent for a list of certain approved organizational memberships that qualify for discounts.
Maintain a good credit score.
Your credit score is one of the many factors that contributes to how much your premiums cost. Those with good credit rating get lower rates for insurance premiums, while those with a bad credit ratings would be given higher insurance rates.
Bundle up your renters insurance with another policy we offer.
Reduce your limits and raise your deductibles.
If you only need less coverage for your personal belongings in your apartment, then you have an option to reduce your limits and increase your deductibles to save on premiums. However, this isn’t recommendable as you’ll be assuming more risks in cases of theft, injuries or damage to property.
For more information on how you can save on your renters insurance premiums, call us at 1-855-468-3569 or visit us today at the nearest office in your area.
What does renters insurance cover?
With a renters insurance policy, you will be given reimbursement for lost or damaged possessions from fire, vandalism, or burglary. Aside from that, it can also cover accidents and injuries that happen within your premises. More importantly, your renters insurance may give you compensation for alternative homes in case your rental unit is deemed uninhabitable due to fire or storm damage.
Is it necessary to get a renters insurance when renting a home?
It is necessary if you want to be sure that your valuable items are protected from damage or theft. It will protect you from liability claims as well. Although having a renters insurance isn’t required by law, your landlord may require you to get one in your rental agreement.
How much is renters insurance?
Renters insurance is generally affordable, depending on your location and the amount of coverage you purchase in your policy.
Who pays for repairs in your rented unit?
When filing a claim, it is important that you communicate the damages or accidents properly. While certain repairs are a responsibility of the landlord, there are things that you need to fix. For example, a decline in function of the appliances and structures installed by your landlord is not your responsibility. Meanwhile, you should be the one to pay for damages if something malfunctions out of your negligence.
For further questions, you can contact your local Velox insurance agency or call us at 1-855-468-3569.
Here at Velox Insurance, we are committed to providing excellent customer service and honest insurance advice. Our agents will ensure that you are getting the best possible coverage at a rate that would suit your finances.
Our renters insurance will help you protect your belongings, whether they are on your desk or under the table. We offer convenient payment plans that will surely make your experience with us hassle-free. So call us now at 1-855-468-3569 or talk to our agents at our office nearest you and ask for more information about our exciting offers and discounts.