MOBILE/RENTERS

& HOMEOWNERS INSURANCE

Protect your largest investment against the unexpected with personalized

homeowners insurance and renters coverage

Your home is the single largest investment you are going to make in your life. Not just because of the money you have invested in buying your home - it also contains the personal possessions you have accumulated over the years, the memories, and the time put into making your home. We can help you protect that investment.

Cover the contents of your house, including furniture, clothing and appliances, if they are stolen, damaged, or destroyed.

Comprehensive Property Insurance​

  • Personalized homeowners insurance

  • Renters insurance policies

  • Mobile home and condo specific plans

  • Personal possession coverage

  • Fire, storm, and theft protection

  • Property owner liability coverage

Financial Protection You Can Count On

If you happen to be displaced, your coverage can provide you with money to stay in a hotel while repairs are done. As well, you will get the financial support you need to replace possessions, and rebuild.

 

Protect yourself against financial loss associated with liability claims, including personal injury, medical bills, and restitution.

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Why Renter's Insurance is Important and Some Renter's Insurance Tips

 

What Does Renter's Insurance Cover?

  • Personal possessions such as furniture, clothing, electronics, etc. when damaged due to fire, smoke, lightning, theft, vandalism, explosion, wind, water, and any other disasters listed in your policy.

  • Liability to protects against lawsuits for bodily injury, property damage or medical costs caused by anyone on the policy.

  • Additional living expenses should you need to relocate from your rental unit; this includes hotel bills, cost of food, etc.

ACV Versus RCV - Know the difference:

  • Actual cash value (ACV) reimburses you for the value of your items AFTER considering wear & tear, age and depreciation value. Premiums for ACV are lower but your payout, should you need it, will reflect this and be lower.

  • Replacement cost value (RCV) will give a payout amount that allows your to replace your possessions with similar items at their current market value with NO depreciation accounted for. Premiums for this type of coverage is higher but replacing items, should the need arise, will be easier.

Helpful Renter's Insurance Tips:

  • A great way to itemize and determine the value of your possessions in order to choose the proper coverage limits on your policy is KnowYourStuff.org, a site run by the Insurance Information Institute. It is a free service that uses secure software that allows you to create an inventory of the possessions in your rental. It is easy to create and update so it is a great resource for renter's when purchasing renter's insurance.

  • Do remember to take advantage of discounts for higher deductibles or with bundling your renter's insurance with other types of insurance coverage such as car insurance.

  • Other discounts to consider are those offered for items that help protect your rental such as smoke detectors, alarms, security cameras, deadbolts, etc.

Not sure how much coverage you need? Speak to an insurance expert.

Insurance Services Provided by Fred Haight Insurance Agency:

Auto InsuranceSpecial Vehicle | Home/Mobile/Renters | Farm/AgriculturalLife/Health | Commercial

renter's insurance MI

© 2019 by Fred Haight Insurance Agency | Insurance Agency in Michigan