What To Look For In Renters Insurance?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The key to purchasing a renter’s policy is to understand what your exposure might be. Take pictures of everything in your unit that belongs to you, including your clothing, appliances, dishes etc. Then review the photographs listing the items and their replacement cost. Add the list of replacement costs and you will have the amount of personal property that you have “at risk” in your unit. I suggest you then meet with an insurance agent and discuss the best way to cover that risk. A claim is not the best time to discover that you are underinsured. Always select the highest possible liability limit. A lawsuit can ruin your weekend.
    Answered on September 18, 2014
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>