According to the 2000 US Census, renters account for one-third of all American households.
However, a 2007 survey by Allstate revealed that only 40% of those households were protected by renter’s insurance.
Although inexpensive, Allstate renter’s insurance is a versatile policy that provides protection for your personal property, additional living expenses if you’re displaced by fire or another covered loss, and liability protection for trips, falls, dog bites, and more.
All this costs less than pennies a day, so it’s surprising that so many risk going without it. Here are some common myths – are the misconceptions of others leaving you without protection?
• If something happens, my landlord’s insurance will cover my stuff. FALSE! Your landlord’s insurance protects his interest in the property – which means the walls, wiring, and woodwork. His insurance will replace the building, but it won’t replace your things.
• My stuff isn’t worth that much, anyway. FALSE! You may have furnished your apartment on a budget – clearance racks, hand-me-downs, and yard sale finds. But if it’s all destroyed, you’ll have to replace everything at once. And that can really add up.
• Renter’s insurance is too expensive. FALSE! For just a few dollars each month, you can purchase $15,000 of personal property protection from Allstate. And with our multiple policy discount for renter’s insurance added to an auto policy, renter’s insurance can save you more than it costs!
Complete and submit the form below to request a renter’s insurance quote from the Nicholas Agency! It’s coverage that you can’t afford to go without.