Jul 31, 2019 How to Choose the Right Tenant Insurance Limits

One of the most common myths about insurance is that renters don’t need it. Your landlord has insurance, so you’re covered, too…right? Unfortunately, this isn’t the case. When there’s damage to your building, your landlord’s insurance will probably cover the walls around you and any major appliances that came with your unit, but it won’t cover your own stuff. This is where tenant insurance comes in — and it’s important to make sure you have the right amount of coverage in place in case of an emergency. Your licensed insurance broker will know what questions to ask you to make sure your policy meets your needs, but you can also consider these tips when setting your limits. How much personal property coverage do renters need? Personal…

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Aug 7, 2018 A Room-By-Room Look at What Renters Insurance Could Do For You

We know what you’re thinking. I can’t afford to buy insurance. I’m already paying rent and have enough expenses to cover each month. But how much do you think it would cost to replace all of the items in your apartment? Let’s do a little math… (Viewing this from your smartphone? Click here to enlarge.) What’s your stuff really worth? Everything adds up, and even the “little things” are worth more than you might think. In the bedroom Queen-size mattress, $1,000 Sheet set, $100 Duvet, $150 Clothes & shoes (heels and runners), $2,500 Tablet and case, $700 Total: $4,450 In the office MacBook Pro, $1,600 Printer/scanner, $100 Digital camera, $500 Office furniture, $500 Total: $2,700 In the living room…

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Apr 24, 2018 Free Renter Insurance Pt. 2

Buy Renter Insurance, Pay $0 additional for overall insurance So – refer to Part #1: Growing up is Expensive! – Can I get Free Renter’s insurance? to remind yourself of Mark’s situation.  It is true, growing up can be expensive, but let’s see what Mark’s insurance broker, Jack B. Wicked has to say about that. “Mark, so as I said, the initial price for insurance for renters is $350, but I have some really good news for you.  By combining your car insurance and your tenants insurance with the same insurance company, I can get you a discount on both.” Not fully understanding, but frustrated with how he is going to get through each month with less money, Mark asks…

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Mar 28, 2018 Free Renter Insurance

Part #1: Growing up is Expensive! – Can I get Free Renter’s insurance? I know it sounds too good to be true! Here’s the bad news ─ it is technically not true. We cannot give you tenant insurance (also know as Renter Insurance) for $0, however the good news is that in practical terms, you can protect your possessions with renter insurance for no addition insurance dollars. Let me explain by way of example. Mark lives in Toronto. I know many Marks but this one is hypothetical… let’s call him Mark B. Smartypants. Mark is 24 years old, recently started working downtown Toronto for an investment bank. He feels all grown up having graduated University and having a steady income. He has been…

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