Should You Buy Renters Insurance Through Your Property Manager or Leasing Agent?
Should You Buy Renters Insurance Through Your Property Manager or Leasing Agent?
As more large investment firms and professional property management companies get involved in rental properties, more are requiring tenants to secure renters’ insurance. Some have gone so far as to “suggest” or “recommend” a provider. The question is, should you get your renters’ insurance through your property manager? Are there any benefits to doing so?
Convenience
Clicking on a button on your leasing agent or property manager’s website to secure renters’ insurance may seem to be simple and convenient. But there may be a price to pay for that convenience. You may not get the coverage you deserve at a price that is comfortable for your budget. There are reasons you should secure renters’ insurance on your own.
Shopping for your own renters’ insurance policy keeps you in control. You decide the limits, coverage, and deductibles. You will also likely have more options to suit your budget.
When you make the decision on your renters’ insurance, you may qualify for a bundle discount with your auto insurance provider.
When you purchase your renters’ insurance individually, you are purchasing protection that works for you, not just your current landlord or property manager. This includes a variety of add-ons to cover personal electronic devices, coverage while traveling, and liability.
If you rent where you live, renters’ insurance is a good idea to protect your personal belongings and cover you for liability claims. Perhaps best of all, renters’ insurance is very affordable. We invite you to see just how affordable it can be for yourself.
If you are looking at renters’ insurance options, we encourage you to reach out to one of our independent insurance agents. They will connect with a network of companies to get you the coverage you deserve at a premium you can feel comfortable with. Securing renters’ insurance is prudent, but getting it through your landlord or property manager may not be. Contact our independent agents today.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Read More Blogs
Beyond the Box of Chocolates: The Strange and Surprising History of Valentine’s Day
From Roman rituals to Victorian cards: Discover the bizarre and bloody history of how Valentine’s Day became the holiday we know today.
The Big Game Gamble: Managing Business Liability and Hosting Risks for Super Bowl LX
Is your business ready for the Big Game? Key tips on managing liquor liability, event safety, and employee productivity during Super Bowl weekend.
A Gift Beyond Roses: Why Life Insurance is the Ultimate Expression of Valentine’s Day Love
Roses fade, but financial security lasts. Discover why life insurance is the most selfless Valentine’s Day gift you can give your family this year.
The February Pothole Patrol: Navigating Winter Road Damage and Your Auto Policy
Potholes are a February tradition. Learn how your auto insurance handles wheel and suspension damage and how to file a claim for road-related hazards.
Heart-Shaped Security: Why Valentine’s Day is the Time to Schedule Your New Jewelry
Don’t leave your new sparkle at risk. Learn how to properly insure Valentine’s Day jewelry through scheduling and professional appraisals.
The Beautiful Pause: Embracing Solitude and Self-Care
Ditch the noise. A guide to finding mental clarity and practicing self-care by embracing intentional solitude during the final, quiet days of January.
Final Tax Data Security: Protecting Against Employee W-2 Identity Theft
W-2s are out. A final, urgent guide to securing employee data against tax fraud and using Cyber Insurance for breach response and identity theft coverage.
T-Minus 30 Days: The Late January Review of Beneficiaries and Tax Implications
Tax forms are here. Review your life insurance beneficiaries one last time, and understand the tax status of policy payouts vs. accrued interest.
Extreme Cold Alert: Protecting Your Vehicle from Late January Freeze Damage
Frozen engine block? Late January extreme cold risks and how your Comprehensive Auto Insurance handles non-collision, cold-related vehicle damage.
The Final Frost: Securing Your Home from Ice and Tree Damage
Extreme cold risk is highest now. A guide to Home Insurance for tree fall damage, ice structure risks, and securing your claim against catastrophic late-January weather.