July 24, 2008 Owner/Landlord Login


Rental Insurance - How Much Do I Need?

The amount of personal property coverage you need depends on how much your property is worth.

You may think your things aren't worth much, but the average person has over $20,000 worth of stuff. Stuff that’s probably not covered by a landlord's policy.

Take inventory
A great way to determine how much coverage you need is to take a complete inventory of your possessions:

  1. List each item, when you acquired it and the purchase price or current value.
  2. Total up the amounts of these items to give you a rough idea of what your property is worth.
  3. Once this is done, put your inventory in a safe place away from home -- for example, in a bank safe deposit box.
  4. Consider adding photos to your inventory -- they can help if you have a claim.

Renters Insurance Quotes
The following insurance resource is certified by Charleston Rental Properties as great resources to to purchase renters insurance. Renters Insurance is inexpensive and easy to obtain so you should never be with out it.
insurance_ad

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