Category: Renters Insurance

It’s common knowledge that renters need insurance to protect their belongings. In the case of theft or other problems, you want insurance to help you replace or repair things that are important to you. Good coverage can make or break you when bad times come.

But some people move around often for any number of reasons. Do you still need renter’s insurance if you never stay in the same Brooklyn, NY, home for very long?

Access Legacy Insurance Group is here to help you understand this circumstance and how to best care for yourself.

Renters Insurance for Short Stays?

The short answer is yes. If you keep anything in your rented residence that is hard to replace, you want to insure it. Remember that this can even include your car parked outside (depending on the policy).

So, why wouldn’t you cover your valuables? Even if you’re on a short lease or have to move somewhat frequently, you want the best coverage you can get.

What Is Short-Term?

At what point is renting short-term? Typically, any stay that you expect to be six months or less is short-term. Snowbirds who typically spend half the year in one part of the country and the other half in another state often fit this category. You can find rental insurance that suits this lifestyle and keeps you adequately protected.

When you explore rental policies for shorter stays, you’ll need to have a conversation with your Access Legacy Insurance Group representative. Many variables can impact your coverage, rates, deductibles, and more. You’ll want to know exactly what you’re getting into, whether you spend all of your time in Brooklyn, NY, or not.

If you rent your home in Brooklyn, NY, you need to do your research on renters insurance and understand how important it is to carry this type of insurance coverage. You can rely on us at Access Legacy Insurance Group for this type of insurance coverage.

Here are four mistakes that consumers should avoid when it comes to renters insurance:

Being unaware of the actual cash value of your possessions

When you get renters insurance, it’s best to purchase enough coverage to cover the total value of the possessions you keep in your rental unit. That’s why it’s important for you to know approximately what the actual cash value is for all your possessions.

Going without renters insurance

Consumers frequently assume that renters insurance isn’t necessary in their situation. However, it’s risky to go without renters insurance since renters can face high expenses due to liability issues in their rental units. 

Thinking that the cheapest policy is necessarily the best

Purchasing adequate coverage from an insurance provider with a good reputation is important. That’s why you shouldn’t decide on which policy to purchase by considering premium costs alone. 

Renewing your policy down the road without reviewing your coverage needs

Renewing your policy at the end of the policy term is important. However, you should review coverage details and options before renewing because your renters’ insurance needs may have changed since you first bought your policy.

You’ll definitely want to update your coverage if you have acquired high-value possessions since you bought your policy and you want to make sure that these new possessions are covered. 

Reach Out To Us

At Access Legacy Insurance Group, we can provide you with the renters’ insurance you need to cover your liabilities and protect the value of your belongings. Contact us for a quote on a renters insurance policy in Brooklyn, NY. 

Renters insurance from Access Legacy Insurance Group is an invaluable resource for tenants here in the Brooklyn, NY area.

Benefits of Renters Insurance

It provides financial protection if your belongings are damaged or stolen, and it may even cover you in the event of certain types of liability claims. Although your landlord may already have their own insurance policy, it likely will not cover any damage to your personal property, injuries that occur inside your rental unit, or other costs if you are found liable for damages in a lawsuit. 

Renters insurance is relatively affordable and can give you peace of mind knowing that you’re covered should something unexpected happen. Most policies cover the cost of replacing your belongings should they be stolen, damaged by a fire or natural disaster, or accidentally destroyed. Additionally, some policies provide coverage for medical bills or damages if someone is injured while inside your rental unit. 

Overall, having renters insurance is an important step in protecting yourself and your belongings from unexpected events. Even if you trust that your landlord has their own insurance policy in place, it’s best to safeguard yourself by investing in renters insurance as well. Without it, you might be responsible for any property damage or injuries that occur on the premises. In these cases, you may be personally liable and financially responsible for the entire amount, which could mean a substantial financial burden if a lawsuit is filed against you. 

Reach Out To Us

For more information, give us at Access Legacy Insurance Group a call today. We are proud to serve the Brooklyn, NY area and would be happy to help you find a policy that meets all of your needs as well as your budget. So call today!

Individuals who rent or lease their living space can benefit from having renter’s insurance. This type of coverage protects the policyholder from liability and losses. The coverage also provides protection for some personal items but doesn’t cover some other belongings. If you need renter’s insurance, let the experts at Access Legacy Insurance Group help you get the protection you need. We proudly serve the residents in and around the Brooklyn, NY area. 

Renter’s Insurance Protection 

Renter’s insurance is important to help protect an individual from losses and liability. For example, if there is a fire or theft, the insurance will offer a claim settlement to help you replace items and even provide you with a place to stay while repairs are underway if your residence is uninhabitable. 

Renter’s insurance also offers protection for major appliances and other high-value items you own. If you want to know more about renter’s insurance and what it covers, our agents can help. We work one-on-one with customers to ensure they understand the terms and conditions of each policy and match them with coverage that suits their needs. 

We also offer service before, during, and after the policy purchase. We can assist with any changes, renewals, and claims. We offer complete support you can count on when you work with us as an insurance company. 

Reach Out Today

If you would like to learn more about renter’s insurance or any of the other insurance products we offer, don’t hesitate to call or stop by Access Legacy Insurance Group and speak to an agent. We take pride in assisting the residents in and around the Brooklyn, NY area with securing coverage they trust. 

More and more people are becoming digital nomads. This means that they work in a variety of places, rather than focusing on working out of one home base. They may work across the country, or they may work across the globe. If you are a digital nomad, or are considering being one, one of the questions that you may have is whether digital nomads can take out renter’s insurance policies at the places they are temporarily staying.

Consult with Access Legacy Insurance Group, serving the greater Brooklyn, NY region, to help you navigate this important insurance coverage.

Can Digital Nomads Take Out Renter’s Insurance Policies?

In many cases, digital nomads can take out renter’s insurance policies. However, there are a few things that a digital nomad needs to keep in mind. First, not every insurance company offers short-term renters insurance policies, but many do.

Most of the companies that offer these policies offer them for digital nomads that are living in one area one month at a time. If you are moving from place to place week after week, renters insurance may not be the best insurance for your needs.

Also, keep in mind that insurance can vary from country to country. If you are living and traveling in different countries, you may need to find different insurance companies that offer renters insurance policies in the part of the world where you plan on living. 

Contact Us Today

Whether you are looking to rent a place for a month, or you are looking to rent a place and stay put for a year or longer, there are renter’s insurance policies out there that can meet your needs. Here at Access Legacy Insurance Group, serving the greater Brooklyn, NY area, we want to help you find the policies that best meet your unique needs. Reach out to us today to learn more. 

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. 

When considering renters’ insurance, it may seem like a simple solution, but the terms could confuse you. The most common terms in a renters’ insurance policy are perils and liabilities. These are two different things. At Access Legacy Insurance Group, we are serving Brooklyn, NY with renters’ insurance. 

Learn more about what these confusing terms mean.

Perils in Renters’ Insurance

In Brooklyn, NY, there are several perils you could be subject to just because of where you live. Perils are defined by something that is a risk that causes loss. The risk could be a natural disaster or a fire or explosion that causes smoke damage. 

The risk could be anything that that is a risk that you did not exposes yourself to. If you drop a priceless vase on the floor, that is not a peril.

So you can file a claim under perils in your renters’ insurance after storm damage, natural disasters, and even some crimes. If your unit is on the first floor, flood damage may not be covered. Water damage that seeps through walls might be, though.

Liabilities Covered in Renters’ Insurance

Liability coverage is standard coverage in almost every insurance policy type. This coverage will cover you if something bad happens in your home, and you are legally liable or responsible for those damages.

It can also cover you when you are sued for something. This may not even cover you at home. If you are on vacation and something happens, and you are found to be liable, your legal bills could be covered for that as well.

Your insurance agent can walk you through the kinds of perils and liabilities that your policy covers.

Get a Free Quote

When you are considering renters’ insurance, you want to know that it will be worth it and cover everything you are worried about. It will. Access Legacy Insurance Group LLC, serving Brooklyn, NY, can walk you through your insurance policy’s perils and liabilities clauses. Call us for a free quote today.