Compare A Quote Publishes Blog Post Discussing How To Purchase Renters Insurance In Georgia

March 24, 2022 at 16:10

Insurance services consultant Compare A Quote has published a blog post titled “How to Purchase Renters Insurance in Georgia.” The blog post aims to help those renting a home or apartment in Georgia protect their interests by guiding them on how to get the best renters insurance that covers the necessities and is also affordable. Readers can find out more about the many other kinds of insurance services that the Florida-based company, Compare A Quote, provides by heading over to its website at the link: https://compareaquote.com/explore-products/.

Renters are as susceptible to the same threats to property, such as burglaries, as homeowners. Rentals could lose belongings or accrue the costs of damage to other individuals’ living arrangements. Burglaries are relatively common and happen in one million households every year. In 2019, there were an estimated 1,117,696 burglaries in the country. Though it was a decrease of 9.5 percent when compared to 2018, it is still a high number that makes one want to consider steps to protect oneself from the malicious intentions of unscrupulous individuals. Since the average loss of property is around $2,000, it would make a significant impact on one’s financial health to be caught up on the other end of a home invasion or theft.

Renters insurance, also known as tenant insurance, helps protect renters living in a house or an apartment. It can protect them as an individual, their property, and their living arrangements for a premium. The cost of renters insurance depends on the insurance provider, where the renter is living, and how much coverage they need. On average, one can expect to pay between $150 to $350 per year on a rental insurance policy. This will cover approximately $35,000 in personal property and $100,000 to $300,000 in liability coverage.

A spokesperson for Compare A Quote talks about the need for households to get renters insurance in Georgia by saying, “According to data from the Census ACS, in 2019, 35.87% of Georgia households were renters and the median monthly gross residential rent for the same year in the state was $1,049. That is a significant percentage of the population that is paying a good chunk of their monthly income towards rent. It makes sense to keep the household and its belongings safe should you fall victim to a burglary, a scenario that is very likely in these uncertain times. Renters insurance is your first line of defense to ensure that if your home happens to be burgled, you can find some solace in the fact that the insurance company will cover some or all of the expenses. If you want to find out more about the benefits of renters insurance, you can head over to our website at the link: https://compareaquote.com/renters-insurance/.”

Renters insurance generally provides coverage for items and belongings such as jewelry, electronics, clothing, music or sporting equipment, furniture, and more. There are some limitations, however, and even the best renters insurance in Georgia can’t cover everything. An insurance provider typically won’t cover damage from floods or earthquakes, bed bugs, designer clothing, and certain electronics. Renters can still get coverage for the items that are usually not covered if they investigate the ‘rider in renters’ insurance, a policy that protects personal belongings like fine jewelry and expensive electronics.

Besides covering a renter’s belongings if fires, vandalism, or water damage from burst pipes occurs, renters insurance also provides coverage with personal injury and temporary housing. Insurance providers list them as temporary living expenses and personal liability coverage. Temporary living expenses can pay for hotel stays if the apartment or house is inhospitable. Personal liability coverage could save a renter thousands of dollars in lawsuits if damage occurred at another person’s property close by or if someone was injured.

Readers who want to contact Compare A Quote for a consultation can do so at the phone number (646) 423-2772 or the email address info@compareaquote.com. Readers can also follow its Facebook page at the link: https://www.facebook.com/CompareAquote.us to stay updated with the happenings in the company.

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For more information about CompareAquote Corp, contact the company here:

CompareAquote Corp
James Ortega
6464232772
james@compareAquote.com
4461 N. Federal Highway
Apartment 302
Pompano Beach, Florida 33064

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