What insurance company is good for renter's insurance?

Question

I would like to purchase renter's insurance and would like to know some good companies, with good rates and coverage. Thanks! Best Answer received 10 points.

Answer 1

best thing to do is type into your search your city and insuance companys, and call them and ask. no other way other than online like esurance, they can refer you.

Answer 2

The first thing I'd do is call the company you currently insure your car with.  Most companies give you a discount if you have more than one type of insurance with them.

If your auto insurer doesn't offer renter's insurance you may want to call companies that offer both and get quotes for both.  You may save some nice money that way.

In general, though, State Farm, Allstate, Amica and Liberty Mutual are just a few companies with good rates and good reputations.  I worked for State Farm for 15 years and was always very pleased with the policy, rates and the service.

Some tips:  

*  Your main coverages are the coverage on your personal property, or contents, and your personal liability coverage.

*  Get quotes in writing from a few companies.  That's the only way to make sure you're getting apples to apples quotes (one company may be quoting $100,000 in personal property, the other $300,000...).    

* Make sure the policy offers Replacement Cost coverage.  Otherwise you get the depreciated value and not what it would cost you to replace it.

Best of luck!

Answer 3

Rates and coverages are all pretty much in the same ball park.  So the best one to go with, is the one that has your car insurance.  That 20% discount off your car insurance is what makes the difference.

Answer 4

first go with an A rated carrier, dont try surplus lines. if you decided to have an independent agent assist you insist on "all risk", personal injury, a liability limit of 300k or more. let me explain what all risk is:

all risk---gives coverage for all instances except what is excluded. for instance mysterious dissapperance (if  you lose something)

persona injury--someone sues you for slander etc.

liability- someone slips and falls at your house, your dog bites them etc.

try carriers such as allstate, progressive, geico, travelers, liberty mutual all the well known companies. youll probllay pay less than 30.00 a month.