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Do you live in an Apartment? Then why don't you care about your s

Then why don't you care about your stuff? It's time to consider renters insurance.

Bob Larson's profile picture
Bob Larson, Community Contributor

At Brew City Insurance it is our mission to offer customers a truly exceptional insurance buying experience. We provide our customers with the knowledge to choose the best possible insurance products that fulfill their wants and needs. Our friendly, knowledgeable and professional staff will help inspire, problem-solve, and best of all EDUCATE our customers so they can choose the coverage that best fits at a reasonable price.

In the US - more than 43 million people rent instead of own their home. The number of renters in the is near an all-time record high. Sadly - according to the Insurance Information Institute poll, only 41 percent of renters carry renters insurance. This is a substantial difference from homeowners of whom 95 percent carry a homeowners insurance policies.

People often underestimate how much it would cost to replace ALL of their belongings. Think of it this way - Take your house and dump it up-side-down (I know IMPOSSIBLE) and shake it. Now take everything that falls out, from dishes, to towels, food, appliances, clothing, furniture, etc. etc. and add up the cost if you had to replace each and every single item!! Most people have between $10,000 and $50,000 dollars in personal property in an apartment.
Renters insurance is both a good value and very affordable. It provides coverage for your belongings should those items be stolen, destroyed or damaged and can also extend to personal items keep inside your vehicle or away from home. Also, it has liability coverage that helps pay for accidental property damage or injuries to any guests you may have over. For example, let's say that a friend trips down your stairs and takes a tumble ending up in the hospital. Your liability coverage could cover this.
Here are some common misconceptions:
#1 - My landlord's insurance policy will cover my personal belongings in the event of fire or theft.
Truth: Your landlord's insurance policy will cover the building you live in, but that coverage rarely extends to the possessions owned by the renter.
#2 - Renters insurance is expensive.
Truth: Renters insurance costs typically between $10 and $20 per month.
#3 - Renters insurance coverage is very limited.
Truth: Most renters insurance policies provide coverage for:
  • Theft
  • Fire
  • Lightning, Windstorm, and Hail
  • Frozen plumbing system damage
  • Vandalism
  • A renter forced to temporarily move out of their home due to a fire, for example.
  • A person injured in the your apartment or home that requires medical attention.
  • Items kept inside your vehicle if they are damaged or stolen.

Bottom line - If you have to replace all of your stuff it can be very very expensive should they be suddenly lost due to a fire or other tragic event. Renters insurance provides peace of mind allowing renters to keep their lives on track should a major setback occur.

Find out what's happening in Oak Creekfor free with the latest updates from Patch.

Would you like to protect your stuff? Save some money?

And have a great agency???

Find out what's happening in Oak Creekfor free with the latest updates from Patch.

Brew City Insurance is a great place to start.

Come in to Brew City Insurance for a no-obligation insurance review.

We will make sure you and all your family are safe all year long.

Brew City Insurance Agency Inc. is located at 2937 S Chicago Ave. in South Milwaukee between Pick N Save and Walgreens.

Stop in today and see what we can do for you! Or call 414-762-6600 and we can quote you right over the phone.

Visit our web page to find out more! http://www.brewcityinsurance.com

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