Comments on: Saving money on renters insurance

By: Festive Link Love Carnivality #16 | Free From Broke

Festive Link Love Carnivality #16 | Free From Broke — Mon, 07 Jul 2008 19:03:28 +0000

[...] Sense To Save – Saving Money on Renter’s Insurance [...]

By: Kacie

Kacie — Wed, 02 Jul 2008 11:30:51 +0000

I’ve never had to file a claim with any insurance company, and doing that seems to be the true test of a “good company” versus a bad one.

In all of my insurance experiences (car, renters, life), we’ve gone with national companies everyone has heard of. I’m not sure if that matters, but it is a bit more reassuring to me.

We’re switching from Allstate to State Farm, and it’s pretty much based on price. I couldn’t find anything cheaper than State Farm, but if “Bob’s insurance company” offered me a cheaper rate, I doubt I’d be comfortable going with them anyway.

Get some quotes from a few companies and choose one that balances the best price with the best reputation, is what I’d say. Good luck!

By: tiffanie

tiffanie — Wed, 02 Jul 2008 06:05:17 +0000

got any good suggestions for places that offer cheap and reliable renter's insurance? it's something we don't have...and we own a lot of expensive stuff! any help would be appreciated :) tiffanie's last blog post..love and finance

By: Gypsie

Gypsie — Tue, 01 Jul 2008 21:12:32 +0000

Our renters insurance also covers our stuff while in transit when we are moving. (My DH and I are both military). We also have additional coverage for our computers (5!) and my jewelry.

A friend’s computer was covered when it was damaged moving from FL to TX. He got full replacement cost of the computer.

By: Kacie

Kacie — Tue, 01 Jul 2008 20:15:00 +0000

@FFB: Great point! For our policy, I believe we had to add a portion of insurance to cover jewelry.

But, if your co-pay is less than the cost it would be to replace, it’s definitely worth it!

By: FFB

FFB — Tue, 01 Jul 2008 20:10:25 +0000

Our homeowners insurance (for our co-op) covers my wife's engagement ring. This could be the case for renter's insurance as well which would be another reason to have it! FFB's last blog post..Some Rights Reserved

By: Ariel

Ariel — Tue, 01 Jul 2008 18:13:21 +0000

I totally agree with you! Renters insurance is great! We had a flood in our basement earlier this year. Thankfully, nothing was damaged to the point we had to file a claim but it certainly was a relief to know it was there if we needed it! Ariel's last blog post..Adjustments

By: lulugal11

lulugal11 — Tue, 01 Jul 2008 17:22:41 +0000

This post comes at a good time for me. I just started having to pay insurance on my apartment and I forgot that I needed to look for my own to see if I could get a price lower than what the office was charging. Thanks for the reminder. lulugal11's last blog post..Shawn Says Quit Complaining about Gas Prices!!!!!