Why is renters insurance required and what companies should you go with

When you rent either a house or an apartment sometime the landlord will require you to carry renters insurance. This video goes over what coverages you need and how to get it cheaper.

#rentersinsurance #rent #renting

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DISCLAIMER:
Please consult your agent before making any changes you feel you are not knowledgeable with. Due that the laws being different in each state, I am not responsible for any changes or updates that may have occurred after the making of this video.

This video and description contain affiliate links, which means that if you click on one of the product links, I will receive a small commission. This helps support the channel and allows me to continue to make videos like this. Thank you for the support! Car insurance advice, car insurance, auto insurance, home insurance, homeowner’s insurance

[kellaginss]

I started working in the insurance field. I came across your page because I’m still new and learning. Your videos have been a life saver. It’s helping to make everything click and giving me an idea of how to better explain to customers. Thank you for your videos and your knowledge. Most helpful!!

[badassmillz_]

I live in California and have been insured by Lemonade for 3years. I pay about $5 a month for a basic only thing I have an issue with is the coverages for Earthquake damages is not included.

Lemonade is partnered with a company who offers those coverages and the cost goes up quite a bit.

Been thinking about adding renters insurance to my auto and stumbled upon this video. Great info. Thanks !

[christincole]

God bless you!! Needed this information and happy I found you! Easy to understand and most helpful! Gracias

[iGoByX]

I live in NJ. Progressive quoted me 37$ after a one time payment of 67$. I currently have auto w them as well.

[magicworld]

I live in NYC. When I moved into my apartment, the landlord required renters insurance. I paid it for 3 years. then got rid of it. I was just throwing away money every month. I never used it for anything.

[dovecry]

What about all the cigarette & pot smoke coming from my neighbors below? It says in our lease agreement that people are to smoke on patio not inside. Yet the manager acknowledge she smelt smoke in my apartment.
The smoke (all kinds) is making me sick. The place is becoming unlivable as I'm coughing now all the time..I have an appt w my dr. I also gave the manager a note from my Dr saying that I cannot be exposed to smoke.

[oceansoflorewi]

AAA renters insurance is Dog waste. Was paying $23 a month for 100k and my card got declined (Which it shouldnt have) I tried to resolve the issue 90 days later (Unknowing my policy was canceled) and they refused to just charge me what I would have paid $70 to get back on an identical policy. They wanted 100% down ($200). DO NOT GO WITH AAA- arrogant combative big brother attitude type company.

[valholmes]

Hi, I'm a new subbie & glad my quick search led to your video because I was initially leaning towards Lemonade for renters and was just about to pay it for the yr when I inquired about coverage for warranted appliances of course the bot wasn't helpful and the human was useless since they don't know unless a claim is file and would likely refer that I go through the manufacturer so that was my first issue the second was who covered in the household and thus far I like that All-State gives you enough money to replace appliances for brand new ones instead of cost value which is only enough for used. This was my other issue so if you are available to speak directly via email or by phone that would be great b/c renter's insurance is new to me. Thanks so much!

[kathyramos]

My landlord never asked for it but I decided to do a quote for rental and auto on progressive ( both for about $500 (6 months auto -1 year insurance ) . Geicco was charging me $800 only auto. 😅. Irony a week after my landlord asked if I could send her a copy of rental insurance .😂

[aaronbernards]

Thanks dude. Here's some irony - I like how "progressive" Lemonade insurance is. They are straightforward, not so corporate, simple to navigate, and will soon have auto. On the other hand, they don't seem as comprehensive as USAA - which is more expensive but impressive. Regardless, I think I'll try lemonade for it's affordability. God forbid anything happens, but if it does, do you believe they're easy to deal with and get compensation from? Thanks again

[richbreath_]

What I'd you think about Statefarm

[hudonedem]

What do you think of Allstate? I got $100k about $13/ month

[weatherednboston]

If you live in Massachusetts it's illegal for a landlord to require Liability Insurance. In Massachusetts the law is specific. They only thing you can charge a tenant at lease up is Deposit, 1st month rent, last month rent and a key fee. So....no pet fee's, no parking fee's, no reserved parking fees, no fancy parcel pending package system fees to get make sure what the law is in the state you live in. I called my Attorney Generals office in Boston and they have a nice booklet they send out upon request called Guide to Landlord/Tenant Rights.

[freshstart]

who is the best renter insurance to get added from flood during winter times in Atl where the pipes usually bust because of pressure in the winter time

[thegreensun]

Do you know of renter’s insurance that do short term coverage? 6 months for example? I’m only at my rental for 6 months and most insurance companies that I got quotes from are 1 year coverage no less?

[kev-othegamer]

Thank you, your videos are very helpful.

[ismaelab]

I am in Insurance agent and last year we paid around 40k in renters insurance claims.

[benslockandkeylocksmithing]

I own a shed too where I rent, it has my tools, workout equipment etc. Would renters insurance cover that too?

[caiuspostumiusturrinus]

My A/C went out and my water got shut off due to a water main bust down my street. AAA refused to cover any costs for me to be temporarily rehoused while everything was being repaired. Due to my residence being deemed unliveable during the time frame of the repairs. The adjuster actually threatened me with prosecution for filing false claims... Don't buy in with AAA.

[sarahjoy]

Hail storm ⛈️ knocked out the glass and screen in my second story window 🪟of the place I rent and I fall out 😮who is liable ?