Category: Renters Insurance

If you or your loved ones are moving off for college, you may want to consider taking out a renters insurance policy. These policies can provide financial protection and also peace of mind. Many parents are worried about their kids after they leave the nest, but with the right insurance plans you can at least mitigate some of the financial risks. If you’re looking for renters insurance and an agency that serves Fillmore, NY, contact Walker and Associates Insurance Agencies Inc.

How Renters Insurance Protects Students

Unfortunately, students living in rented housing while at school may end up being victims of theft, vandalism, and other crimes. Someone might break in while the student is in class and steal their TV, for example. If the student doesn’t have renters insurance, they may have to pay for everything out of pocket. Since many students are tight on cash, this could be quite a burden.

On the other hand, renters insurance might cover the costs. That said, it is wise to read through every insurance policy closely to determine what is and is not covered. You can also work with an insurance agent who can explain everything to you.

Renters insurance may also provide protection in other situations. For example, if a house burns down, the student may lose all of their belongings. Trying to deal with that financial burden while studying can be very stressful and could overwhelm many people. The right rental insurance policies could provide assistance.

Reach Out To Us

If you’d like to learn more about renters insurance and college students, get in touch with Walker and Associates Insurance Agencies Inc. We serve Fillmore, NY and various other communities.

Renters insurance is a type of insurance designed to provide protection for those who rent their homes here in the Fillmore, NY area. It provides coverage for personal belongings, liability, and additional living expenses if your rental is damaged or destroyed.

What does renters insurance cover?

Renters insurance from Walker and Associates Insurance Agencies Inc. typically covers losses due to fire, lightning, windstorms, hail, explosions, and smoke damage. It also typically covers vandalism or theft of personal property that occurs on the premises. In addition, some policies will cover additional living expenses if you are forced to move out of your rental due to an insured incident such as a fire or flood. 

One of the major benefits of renters insurance is that it provides liability coverage. This means that if someone sustains an injury while on your property, you are protected from having to pay out-of-pocket for medical bills or other related costs associated with the accident. 

Renters insurance is an important form of protection for anyone who rents their home as it provides coverage for personal belongings, liability, and additional living expenses in the event your rental is damaged or destroyed due to an insured incident such as a fire or flood. By having renters insurance in place, you can have peace of mind knowing that you’re covered in case something happens on your property.

We Are Here To Help

For more information, give us at Walker and Associates Insurance Agencies Inc. a call today. We are proud to serve the Fillmore, NY area and would be happy to help you find a renters insurance policy that meets both your needs and your budget. You will sleep better knowing that you are protected.

If you are renting a home, apartment, condo, or duplex, it is important that you carry renters insurance. Renters insurance can help to cover your property, in case an event such as a fire or flood damages the home you are renting, and, in turn, damages your belongings. Renters insurance also helps to prevent you from losses in cases of accidentally damaging the property, such as leaving a candle on and starting a fire.

Here at Walker and Associates Insurance Agencies Inc., serving the greater Fillmore, NY area, one of the questions that we are often asked is whether unmarried or unrelated renters, such as partners or roommates, can share a policy. Consult with us to learn more about this important insurance coverage. 

Can Unmarried or Unrelated Individuals Share a Renters Insurance Policy? 

Yes. Anyone who is listed on the lease for a home, apartment, or other types of residential property can share a renters insurance policy. The key to sharing property lies in not being related but in being on the lease. Only individuals who are listed on the lease can be covered. 

What Should You Consider When Sharing a Policy? 

While you can share a policy, many insurance agencies recommend obtaining your own policy. If you are sharing a policy, you have no control over the policy limits or whether the policy is canceled for late payment. When you obtain your own policy, you control all aspects of the policy, helping to control your own coverage limits and payments. 

Contact Us Today

If you are renting a space in the greater Fillmore, NY area, our insurance experts at Walker and Associates Insurance Agencies Inc. would love to answer any questions you may have about renters insurance and help you to get the right coverage. Contact us for an estimate or obtain a policy from us for all your insurance needs.