My mother died (while still employed) at Allied Signal back in 1970. Today the company is known as Honeywell. I've hit every stone wall there is in trying to research the Life Insurance company ...
I have 2 Term Life Insurance policies on myself.
Both are for the same dollar amount.
"A" is 20 yr, of a stable Insurance company under State Farm Insurance ($68 per month)
&...
Ok, you have a bill, the bill is more than what you put into insurance, say you just started the first year and only paid $500, and that bill is $1000. Insurance just pays for it all even though you ...
The travel insurance i want to buy includes cancellation cover. Do i put the policy start date as the start of my holiday? because if i do that am i covered from now if i have to cancel? =/ sorry im 1...
I used to smoke and my insurance premiums are based on my being a smoker. However, now that I have given up, I want to be re-assessed on the basis of being a non-smoker. How how before insurance ...
We are selling our house. The inspector found some hail damage and requested the roof to be replaced. My home insurances covers hail and wind damage, but would they pay for if we are in the process ...
just wondering why all insurance policies seem to be for 12 months. Is there any reason why insurance companies don't have eg 18 month policies. Or why not just rolling monthly policies? Are ...
The deductible for emergency room visits according to my HMO plan is $100. Even though I was only there for two hours I subsequently got three different bills in the mail. One from a lab for a ...
The Health Care system in the United States is a huge issue that is being ignored every day. Every year the cost of health care goes up and up and because of that the the middle and lower classes are ...
Witnessing the treatment clients in the Gulf Cost are getting from the insurance companies … I was wondering if Insuring myself <Paying myself premiums into my own controlled account> would ...
I am renting a garage that is not attached to the house and want to insure it. Would this be covered by the house insurance or would you need separate contents insurance as its not near the house. If ...
So, many people do not know about renters insurance.
It covers their personal property. And, if people get it with the company that handles their car insurance, they usually get a 2 for 1 discount. Or, they get a discount on both policies.
Some landlords go require they tenants to have it. Landlords are usually more concerned about being sued. Renters insuance also has liability. This way if the tenant is liable they can go thru their insurance policy and not the landlord's.
Call your insurance agent for more information.
sarah314
I would guess that most of those people don't want to pay out the money for a renter's policy. Even though renters insurance is fairly inexpensive.
Either that, or they don't realize that the landlord's property insurance won't cover their personal belongings. (Though any lease I've ever signed spelled out the fact that the landlord recommended renters insurance.)
I suppose in the end its not the landlords responsibility to make sure the tenant takes out renters insurance. If the tenant wants to take the risk of losing their personal property, that's ultimately their own choice. (An unwise choice, but still their choice.)
Coke Zero Queen
Renters insurance is a very cheap one time payment. It's very foolish not to get it because it is such a good deal. If you lost everything it would be horrible if you had to replace it all out of your own pocket.
stephenweinstein
Some tenants do not have much and do not mind losing everything.
The landlord does the same thing whether the tenant has insurance or not: File a claim with the landlord's insurance company for the damage to the building (but not the tenant's property) and tell the tenant whether (a) the building will be repaired or (b) the tenant will have to move.
Justbeingme
Renter's Insurance is not expensive and easily obtainable. I believe most tenants just risk their property because they are unuaware that it exists or are too cheap to buy it.
I do believe that many insurance agents don't push selling it to their clients because the premium is low and they don't make much money selling it.
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