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Access Legacy Insurance Group can help renters in the Brooklyn, NY area find the policy that suits their needs and their budget. Give us a call today to learn more about the options available in our area.

Renter’s insurance on a budget

Starting out in your own apartment for the first time can be a daunting experience. This is especially true if you are also dealing with a budget that doesn’t have much wiggle room! Fortunately, there are many renter’s insurance policies that can protect your belongings without breaking the bank.

Having a renter’s policy in place is an important part of independent living. If there is an accident at your home, you will have liability protection. The same holds true in the case of damage or loss caused by covered events. Living without this protection can put you on the hook for a lot more expense than the cost of a renter’s policy.

Many insurance carriers allow for monthly premium payments, which can be helpful for people with a tight budget. If your current financial situation is a little tight, ask your local insurance agency about the affordable options that are available. There are insurance solutions for every budget. 

There’s no reason to go without insurance when a number of affordable policies are available in our area. Make sure that you have the protection you need, and if a catastrophe does happen, you will be in a much better financial place. 

We can help you find the right policy!

Brooklyn, NY residents who are on a budget can count on the team at Access Legacy Insurance Group to help them find the right policy. Don’t put off getting renter’s insurance due to your budget. Give us a call today!

Many would agree that renters insurance is a wise investment for a relatively small price. However, as a renter, you should familiarize yourself with the items and scenarios where renters insurance wouldn’t provide coverage. Renters insurance covers any things. You are covered in the event of theft, some natural disasters, vandalism, and damage to your personal property. However, it’s best to read between the lines when it comes to what’s not covered under a renters’ insurance policy. 

Natural Disasters that Aren’t Covered

Although renters insurance covers damage from natural disasters like fires, volcanic eruptions, wildfires, and tornadoes, it doesn’t cover damage to your belongings caused by floods, earthquakes, and sinkholes. Many natural disasters are covered under a renters’ insurance policy, but it is important to ask if you have specific concerns about coverage when it comes to natural disasters. 

What Else isn’t Covered?

Damage from insects and rodents isn’t covered and your roommates’ belongings won’t be covered by your renters’ insurance policy. Also, damage to the exterior of your rental property wouldn’t fall under a renters’ insurance policy either. These are the details that renters should be aware of because there may be a need to purchase more insurance to meet a specific coverage need. Although theft is covered for items that may be stolen from your car, damage to your car itself wouldn’t be covered. 

Renters insurance covers many things, even spoiled food, but it is important to read the fine print and fully understand your coverage. Our team would be honored to help you navigate understanding renters insurance and choosing a policy that suits your situation. Our team at the Access Legacy Insurance Group of Brooklyn, NY is committed to educating our customers on the ABCs of renters insurance and how a standard policy works. 

If you are a renter and have renters insurance, you may wonder if you should have an inventory. Simply stated if you ever file a claim against your renter’s insurance you will be very happy that you took the time to make that inventory. The insurance company will accept it as proof of what you had. At Access Legacy Insurance Group in Brooklyn, NY, we work for ur customers and will go above and beyond to meet their needs.  As independent insurance agents, our customers have all of our loyalty. 

You may not think you have enough personal possession to warrant an inventory. You may think it will take too long to do an inventory. You may not have an idea where to start and where to store an inventory if you did one. All of these are minor issues and very easy to overcome. You will thank yourself if you need to file a claim with your renters’ insurance. 

Imagine your apartment has been destroyed by a fire or a tornado. There literally may be nothing left but a pile of rubble. It is devastating and now in order to get your possessions replaced you need to tell the insurance company what you had. That is adding trauma to your trauma. Creating an inventory will take some time, but you will thank yourself for doing it. 

Begin in whatever room you prefer and just write down all the items you have. Open drawers and closets and provide as much detail as possible. If you have sales slips or receipts attach them along with photos of every room. Then find a safe place, the cloud is a good option, to store the inventory. 

If you are ready to discuss renters insurance and your need for an inventory contact Access Legacy Insurance Group in Brooklyn, NY.