Can You Transfer Renters Insurance?

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   David Osgood

   Agent, Rural Mutual Insurance Co., Union Grove, WI

   Renters insurance can not be transferred, because the rates are based on the individual and the property covered. Renters insurance covers only the nameed insured and direct family members residing with the named insured. If you have a room mate situation then each room mate should have their own renters insurance policy. When you get a rate for insurance coverage it takes into account many factors which make insurance coverage non transferable.

   Answered on May 25, 2013

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