Insure yourself! While it should be no surprise that this is our favorite, it is surprising that they have this listed as # 41 out of 50.
“Most college-aged adults lack renters insurance altogether, and even many older Americans are underinsured when it comes to protecting their homes and properties. Renters and home insurance can be life-savers in the case of weather disasters, theft, and other unexpected events”
Here is the link to the full list: http://money.usnews.com/money/personal-finance/slideshows/50-smart-money-moves
A renters policy can be as little as $125 a year (under $11 per month). Contact us today to get a free quote!
Make sure you have the following if you currently have a renters insurance policy:
*Liability Coverage
*Loss of use coverage
*Contents coverage
Sincerely,
Linn T. Hodge & Sons
Additional information: The three main coverages you are purchasing with you renters insurance policy are Liability coverage, Loss of use, and contents coverage. Liability can protect you from an injury or property damage that takes place in your unit. Loss of use coverage will provide you with funds to rent another space while your place is being repaired due to a covered peril (Fire, Wind, smoke damage, etc.) Contents coverage is there to protect your assets inside the unit. This means all your stuff! Make sure to walk around your place and calculate how much it would cost to replace everything from the cleaning supplies to the HD TV and even all your cloths. This amount should equal your contents limit on your policy. If you have a high value items, like jewelry, fine arts, or collections, you should consider scheduling each item specifically onto the policy so that there is no question what their value is should you become a victim of a burglary or fire. Be aware that each carrier provides different coverages, limits and exclusions. Not all policies are the same, so don’t assume you have full coverage. We have a wide range of insurance carriers that can provide renters, condo and/or homeowners insurance. If you have a luxury home with exotic watch collections or if you just got engaged and want to protect the ring, we have a homeowners or renters policy that will fit your lifestyle. Some of the insurance carriers we use are Chubb, Safeco, Travelers, Liberty Mutual, Mercury Insurance, Allied, Lexington, Lloyds of London, Progressive, and others. Linn T. Hodge & Sons is located in west Los Angeles, but we are licensed in 35+ states and can write policies almost anywhere. Please contact our office for a free quote ([email protected]) or via phone (310) 477-2666.