Renters Insurance Worth it in Charleston,SC?
I've heard mixed reviews about renter's insurance. Our son is now living in Mt.Pleasant Sc. He does not have anything of much worth, besides his three computers ( 1st apartment out of college,loves computers) - He is in a second floor apartment about 5 mins. from the beach. I would like him to get renter's insurance - but, I've also heard that what it covers is not worth the premium.... Any Advice? Options? You need to review the contract and read the fine print. I am a renter and small business owner. My rental and business are separate. My insurance agent has all my properties insured, including my car, business, and rental house. I have a separate agency insuring my mountain cabin that was in the 100 year flood of '85. Educate yourself and shop for the best insurance oportunities. Rental insurance is important and not that expensive. Get at least three quotes. Buying insurance is gambling with the expectation you are going to lose. Your call. More important than the contents coverage would be the liability coverage attached to the policy. Make sure the specific limit for electronics/computers is sufficient. Also in SC, make sure if you decide to make payments on the policy request direct billing (billed directly from the insurance carrier) as there will be little or no fees on the payments. If you premium finance (outside finance company through the agency) additional fees and charges will apply. The coverage should be relatively inexpensive, and worth the premium. Check with his auto insurance company to see if they offer multi - line discounts. If they don't, shop both coverages at the same time to see if the combination of the two offsets the premiums a bit (usually 5-10 %). All - Thanks for the advice - I will tell him to check with his auto carrier, and also read the policy carefully for what it includes, and limits..... any specific insurers to stay away from- or just go with the big guys? I heard that some insurers stay away from coastal communities in hurricane areas.... Blessings,
Related Posts:
Rental car insurance coverage
Rental Car Insurance CoverageHello, I have two vehicles insured with Allstate Insurance. However, they are older vehicles and I keep liability only on each vehicle, a car and a truck. If somethin...
Need help getting my woodstove in compliance
Need Help Getting my WoodStove in ComplianceI have a Scandia woodstove that was installed in my shed long ago. It is properly vented through the roof with a block chimney. The stove sits about one...
Pilot light will not stay lit when water is hot
Pilot light will not stay lit when water is hotThe pilot light goes out when the burner has heated the water. In the morning, I can light the pilot by pushing the button down and striking the elec...
Need a garage door opener remote
Need a garage door opener remote.I am buying a house with a genie g5050 garage door opener. I need a remote. Should I buy one of these kind or does it matter if I get a generic from home depot or...
Melamine paint
Melamine PaintAbout two years ago we painted our kitchen cupboards (older home). We stripped down the old wood completely, but there were just plywood and not worth re-finishing as we were on a li...
