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Is getting renters insurance for your dormitory a good investment?
Wiki User
∙ 12y ago
Renters insurance generally covers the contents of the dwelling. The structure is covered by the owner (in your case, the college or university). Therefore, whether renters insurance is a good investment depends upon what you stand to lose upon the happening OS a covered event. That is, you have to assess what you keep in the dorm, its value, and weigh that against the annual cost of the insurance (the premium).
If you are on the edge of it being financially worthwhile, you can generally increase the deductible which will usually reduce the premium. Keep in mind, though, that the deductible is the amount that you have to pay out of pocket toward the loss before the insurance coverage is triggered. Therefore, make sure that you can absorb that amount.
Wiki User
∙ 12y ago
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Can you rental insurance with a pool on property?
Yes, you should have no issue getting renters insurance with a pool on the property.
Do renters need homeowners insurance?
NO, But they can get Renters or Tenants insurance
Does Budget Insurance offer renter's insurance?
Yes, Budget Insurance offers renters insurance. It is wise to consider getting renters insurance, since you never know when a disaster or problem may occur. It is reasonably priced and a big relief if the unfortunate does occur.
What is the best renters insurance for a college student?
There are many companies that offer renters insurance. The best place to purchase renters insurance will depend on your location and individual situation. Some of the top rated renters insurance companies are Travelers Insurance, State Farm, Liberty Mutual, and Farmers Insurance.
What is Broad Form insurance for renters?
Multi Peril Renters Insurance policy...Coverage for your stuff.
How much does the average renters insurance cost in PA?
In the average rates for renters insurance, auto insurance, and home insurance, Pennsylvania is usually lower! In 2007, the average rate for PA renters insurance was only $144!
How can I get great renters insurance?
You can get great renters insurance at the following sites...www.geico.com Get a Quote or personalinsure.about.com/od/renters/a/aa021107a.htm good luck
Does Farmers insurance offer inexpensive renters insurance?
Yes, Farmer does offer renters insurance. Most renters insurance is very inexpensive, you can receive an estimate by answering some simple question on Farmer's website.
What about renters insurance makes it a necessity?
Renters insurance provide protection to a person and their home. As of 2013, the rates for renters insurance are lower than before, which provide many great deals.
What is the percentage on renters that actually get renters insurance?
About thirty percent get renters insurance. Renters insurance should be the top priority of any renter however. It helps just in case a strom, or anything else does damage to the place one is renting.
Where can I check the cost of insurance?
Renters insurance is a lot different than car insurance. You can find renters insurance from the State Farm Insurance website. Auto insurance is available on Progressive.
what is the cost of renters insurance for the average person?
If you are looking for more information on what is the cost of renters insurance for the average person, the best place to look for the information is on www.statefarm.com/renters
