We are considering a rental apartment for our stay in Alamosa east. Do we need insurance?
Total Comments: 16
Posted: Thu Sep 16, 2010 04:32 pm Post Subject:
If you already have a homeowner's policy, you should be pretty well covered. Who ever is renting you the apartment probably has coverage as well. Should be very little to worry about unless we're talking about more than a brief vacation rental.
Posted: Thu Sep 16, 2010 05:13 pm Post Subject:
If you don't have a HO policy I'd _highly_ recommend that you obtain a Renters Policy. Most so for the liability coverage then anything else.
Posted: Thu Sep 16, 2010 05:15 pm Post Subject:
You WILL need coverage for your contents at this rental place.
Posted: Fri Sep 17, 2010 03:30 pm Post Subject:
Again, there is nothing in the OP to indicate if this is a short-term vacation rental (1-2 weeks) or a long-term occupancy.
If it's a vacation rental, then there is nothing to worry about, essentially, if one has other personal coverage, such as a homeowner's, dwelling, or other renter's policy and/or applicable umbrella liability coverage of some sort. One's personal property is either covered or not when away from the insured's covered premises, according to the terms and limits of their policy and/or any riders (such as unscheduled personal property) or incorporated floaters (such as a personal articles floater).
If this is a long-term occupancy or lease, then an HO-4 renter's policy is in order.
Posted: Mon Sep 27, 2010 02:25 pm Post Subject:
Renters insurance is a must and protects everything.
Posted: Mon Sep 27, 2010 04:49 pm Post Subject:
Renters insurance . . . protects everything.
insurancebydave must not have any experience as an insurance agent or broker. There is no insurance that protects everything. And most certainly not a renter's policy.
All policies have limitations as to both quantity and quality of coverage, and exclusions -- things that are never covered.
It is never safe to say, or believe, that everything is covered.
"'Taint so McGee", as Molly used to say on the radio.
Posted: Tue Sep 28, 2010 03:58 am Post Subject:
State Farm® renters insurance is for anyone who rents a home, be it a house or an apartment.
Renters insurance can protect your personal property against fire, theft and vandalism.
Renters insurance doesn't just help provide coverage for everyday necessities like furniture and clothes. It also helps protect theft-prone valuables like your laptop and bike - wherever you take them.
(Links deleted by Moderator: InsTeacher per Terms of Use... again)
Posted: Fri Oct 08, 2010 08:22 pm Post Subject: yes
If you want to protect your belongings and you liability interests you should have renters insurance. Also your complex may make you get it.
Posted: Sat Oct 09, 2010 06:33 am Post Subject:
It also helps protect theft-prone valuables like your laptop and bike - wherever you take them.
Don't be so quick to make such a statement. First, insurance does not "protect" the valuables themselves, it protects the insured from the financial loss associated with a loss to any of those things. The items you mention are also associated with limited coverages.
Posted: Mon Oct 18, 2010 05:51 pm Post Subject:
Hey Max, I know exactly what I am talking about. Of course there are limitations on persoanl property like electronics up tp $5000 and jewelry up to $500 unless floater added with appraisal.
Posted: Thu Sep 16, 2010 04:32 pm Post Subject:
If you already have a homeowner's policy, you should be pretty well covered. Who ever is renting you the apartment probably has coverage as well. Should be very little to worry about unless we're talking about more than a brief vacation rental.
Posted: Thu Sep 16, 2010 05:13 pm Post Subject:
If you don't have a HO policy I'd _highly_ recommend that you obtain a Renters Policy. Most so for the liability coverage then anything else.
Posted: Thu Sep 16, 2010 05:15 pm Post Subject:
You WILL need coverage for your contents at this rental place.
Posted: Fri Sep 17, 2010 03:30 pm Post Subject:
Again, there is nothing in the OP to indicate if this is a short-term vacation rental (1-2 weeks) or a long-term occupancy.
If it's a vacation rental, then there is nothing to worry about, essentially, if one has other personal coverage, such as a homeowner's, dwelling, or other renter's policy and/or applicable umbrella liability coverage of some sort. One's personal property is either covered or not when away from the insured's covered premises, according to the terms and limits of their policy and/or any riders (such as unscheduled personal property) or incorporated floaters (such as a personal articles floater).
If this is a long-term occupancy or lease, then an HO-4 renter's policy is in order.
Posted: Mon Sep 27, 2010 02:25 pm Post Subject:
Renters insurance is a must and protects everything.
Posted: Mon Sep 27, 2010 04:49 pm Post Subject:
Renters insurance . . . protects everything.
insurancebydave must not have any experience as an insurance agent or broker. There is no insurance that protects everything. And most certainly not a renter's policy.
All policies have limitations as to both quantity and quality of coverage, and exclusions -- things that are never covered.
It is never safe to say, or believe, that everything is covered.
"'Taint so McGee", as Molly used to say on the radio.
Posted: Tue Sep 28, 2010 03:58 am Post Subject:
State Farm® renters insurance is for anyone who rents a home, be it a house or an apartment.
Renters insurance can protect your personal property against fire, theft and vandalism.
Renters insurance doesn't just help provide coverage for everyday necessities like furniture and clothes. It also helps protect theft-prone valuables like your laptop and bike - wherever you take them.
(Links deleted by Moderator: InsTeacher per Terms of Use... again)
Posted: Fri Oct 08, 2010 08:22 pm Post Subject: yes
If you want to protect your belongings and you liability interests you should have renters insurance. Also your complex may make you get it.
Posted: Sat Oct 09, 2010 06:33 am Post Subject:
It also helps protect theft-prone valuables like your laptop and bike - wherever you take them.
Don't be so quick to make such a statement. First, insurance does not "protect" the valuables themselves, it protects the insured from the financial loss associated with a loss to any of those things. The items you mention are also associated with limited coverages.
Posted: Mon Oct 18, 2010 05:51 pm Post Subject:
Hey Max, I know exactly what I am talking about. Of course there are limitations on persoanl property like electronics up tp $5000 and jewelry up to $500 unless floater added with appraisal.
Sounds like you need some students to teach!
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