CALL us or TEXT us Today:  (360) 693-4044  |  Toll Free: (888) 693-4044
AllRisk Auto Insurance, LLC
  • Home
  • Online Quote Request
    • Auto Insurance Quote
    • Home Insurance Quote
    • Motorcycle Quote
    • Renters Insurance Quote
    • RV Insurance Quote
    • Other Quotes >
      • ATV Insurance Quote
      • Boat Insurance Quote
      • Commercial Auto Insurance Quote
      • Retail Cannabis Coverage Quote
      • Uber/Lyft Coverage Quote
  • Service
    • Insure your License
    • License Helpdesk
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Coverages
    • Auto Insurance
    • Home Insurance
    • Motorcycle Insurance
    • Renters Insurance
    • RV Insurance
    • SR-22 Filing
    • Other >
      • ATV Insurance
      • Boat Insurance
      • Commercial Auto Insurance
      • DWI & DUI Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
    • FAQs
    • Blog
    • News
  • Contact
  • Home
  • Online Quote Request
    • Auto Insurance Quote
    • Home Insurance Quote
    • Motorcycle Quote
    • Renters Insurance Quote
    • RV Insurance Quote
    • Other Quotes >
      • ATV Insurance Quote
      • Boat Insurance Quote
      • Commercial Auto Insurance Quote
      • Retail Cannabis Coverage Quote
      • Uber/Lyft Coverage Quote
  • Service
    • Insure your License
    • License Helpdesk
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Coverages
    • Auto Insurance
    • Home Insurance
    • Motorcycle Insurance
    • Renters Insurance
    • RV Insurance
    • SR-22 Filing
    • Other >
      • ATV Insurance
      • Boat Insurance
      • Commercial Auto Insurance
      • DWI & DUI Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
    • FAQs
    • Blog
    • News
  • Contact

AllRisk Auto Insurance, LLC Blog

Why Renters Insurance Is Different From Home Insurance

2/20/2023

0 Comments

 
Picture
​Some people prefer to rent, and some prefer building their own homes. Whatever you choose, there is insurance that you can get the advantage of. This will help in the future and is one of the great investments. But these two have differences, and it's good to be informed and understand them. 
Renters Insurance and Home Insurance
Since renters do not own the property, the main difference between these two types of insurance is dwelling coverage. This can cover the physical structures of your home, including all the parts of the house, like windows and roofs. But, coverages for medical bills, property, personal liability, personal property, and additional living expenses are covered by both insurances.

There are perils or standard inclusions of dwelling coverage. Most companies offer the same perils for their clients, and these are:
  • Theft
  • Explosions
  • Trees
  • Other falling objects
  • Weight of ice, snow, and sleet
  • Hail
  • Water damage
  • Vandalism or malicious mischief
  • Windstorm
  • Lightning
  • Vehicles
  • Fire and Smoke

Each insurance is specific to your current status. So, if you are a renter, you must need renter insurance to protect your personal properties, yourself, and your guests. But, if you are a homeowner, you must protect the physical structure of your home and other structures within your property.

Landlord Insurance
If you are a landlord or someone who owns a rental property, you will need to get rental property insurance. Don’t worry. This insurance doesn’t include any renter insurance, but some mortgages require property owners to get one. This can help in your rental property's dwellings and snowblower or lawn mower services.

The insurance is also advisable for the landlord to include it in the lease agreement. This will help renters know what they can do to secure their personal properties. 

Factors in Homeowners Insurance vs. Renters Insurance Costs
Homeowners Insurance can be a bit pricey since it has to protect a physical structure. But since both insurance almost has the same coverages, they can have the same factors to consider for the costs, like
  • Location
  • Cash value
  • Claim history
  • Home security,
  • Deductibles

Conclusion

Maintaining a home is hard, even if you are a renter, homeowner, or landlord. Many expenses can affect your savings, both short-term and through unexpected damages. Insurance is a safety net if you are living with a tight budget. Remember to get the best coverage to fit your lifestyle, whether homeowner or renters insurance.

At AllRisk Auto Insurance, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (360) 693-4044. You can also request a free quote by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!
0 Comments



Leave a Reply.

    Contact Us

    (360) 693-4044​
    5508 NE Fourth Plain Blvd
    Suite B
    Vancouver, WA 98661​
    Click Here to Email Us

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    October 2018

    Categories

    All
    Auto Insurance
    FAQs
    Financial
    Home Insurance
    Insurance
    Local
    Motorcycle Insurance
    Recreational Vehicle Insurance
    Renters Insurance
    Safety

    RSS Feed

Navigation

Homepage
Online Quote Request
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

AllRisk Auto Insurance
5508 NE Fourth Plain Blvd
Suite B
Vancouver, WA 98661​
Phone: (360) 693-4044, 
(360) 578-1930​ - ​​Longview
Toll Free: (888) 693-4044
Click Here to Email Us

Location

Website by InsuranceSplash