Have your ever Googled your symptoms even though you know you should’nt only to find out you are dying in the next five minutes?!?
I have done it. I was recently diagnosed with a difficult form of eczema but had convinced myself after Googling my symptoms that I had skin cancer. After hemming and hawing I decided to put on my big girl pants and talk to a professional – my dermatologist. She quickly settled my nerves and told me that greasy lotion was my new best friend and that feeling like a greased pig was a new way of life now.
That’s like Googling home insurance and going with the first website that promises you cheap home insurance. It may seem easier and less stressful to do it yourself but you don’t really know what you need or what’s available. Only an professional can do that.
According to a study completed by JD Power in 2016 74% of new insurance purchasers will begin the buying process online. Of those consumers 25% will purchase insurance online. The rest use other methods, such as insurance agents or insurance company call centers. Now consider that 60% of homes in the US are under insured as stated by Marshall & Swift/Boeckh, and per Insurance Information Institute 1 in 20 homes will have a home claim each year. Those are some scary statistics from my perspective.
I know asking for help is difficult sometimes. My husband easily comes to mind when it comes to asking for help, asking for directions, or visiting a doctor. Hearing, “Honey, you were right.” always feels good. There is a reason there are doctors and there is a reason why there are Insurance Agents. It’s because we need them.
You may think by Googling and searching through a couple options that you have the right insurance. You can’t tell from seeing a few websites what you are getting until you are knee deep in a claim and you are hearing the word “denial” from your claim adjustor when you realize you may need a professional.
You are not paying extra money by using an Insurance Agent. You are asking for some one to build a relationship and trust with you. You are asking for an Insurance Agent to help you insure your home and auto adequately and to educate you about what is available to you. So ask for help and don’t go it alone. You will be glad you have some one to call if and when something happens.
their first home is a rental unit or an apartment. I also did this for a few
years. When you go to sign the leasing agreement the leasing office will
require proof that you have renters insurance. This is the main reason you
purchase renters insurance.
reason to purchase reason is to protect you, the renter. There are a few
coverages that are important for a renter of a unit or an apartment to have.
- Contents or Personal Property – This is
all the stuff you put into the unit/apartment; furniture, clothing,
pots/pans/dishes, electronics, etc. If you lose everything in a fire will you
have the money to replace all of your personal belongings?
- Loss of Use – If you have a covered
claim and you are unable to live in your unit/apartment. This coverage will
cover the cost of a hotel, apartment, etc. temporarily. You will still be responsible
for the rent on your unit/apartment unless the leasing company decides to let
you break lease.
- Personal Liability – If someone slips
in your unit/apartment and decides to sue you for medical costs and/or inability
to work, etc. this is coverage to pay for the damages or to settle the suit. If
found liable for a traumatic event your wages can be garnished by the courts if
- Medical Payments – If the same person
that slips in your unit/apartment needs medical attention this is good will
dollars to get them necessary emergency care.
to these standard coverages you should consider the following additional
- Replacement Cost Coverage for
Contents/Personal Property – After a covered claim you will want new furniture,
clothing, etc. not used.
- Personal Injury – If you are accused
of libel, slander, defamation of character whether true or not you will want coverage
which can be provided through this endorsement.
- Identity Fraud – Now that you are
taking on more responsibilities you have a higher exposure to an identity fraud
event, which can have long term consequences if you are unable to undo the
- Water Back-Up – If a drainage system
in your unit/apartment backs up into your home you will need coverage for the repairs
and personal property damaged. You must add this endorsement to yours renters
policy in order to have coverage for this type of loss. This is the #1 cause of
home claims across the country.
assume the leasing company or property manager will cover the cost of a loss to
your unit/apartment. The leasing office/property manage can still hold you
responsible for the damages and they will not cover you for the loss of your personal
belongings or your liability as the occupant of the unit/apartment.
cost of renters insurance is minimal at around $200 a year or $15 monthly. While
renters insurance may feel unnecessary it is important in order to maintain your