How Does Credit Affect Renters Insurance?

When you call Effective Coverage for a new policy, you hear some information about consumer reports being used in the rating and underwriting of insurance. That leads us to a common question,

How does credit affect renters insurance?  Why do you need to obtain consumer reports for insurance?  Will this be an inquiry on my credit?

All great questions, and all things we are asked frequently, so let’s take a look…

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How Do Insurance Companies Detect Fraud?

From time to time, we get asked this question.  It’s either from the naturally curious people, or from someone who is considering taking an action they probably shouldn’t.  People ask,

How do insurance companies detect fraud?  Is it a gut feeling, or is it something in their computers?  How much money has to be involved before they care about fraud?

It’s a great question, and we’ve got a few answers, so let’s jump right in.

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Is Crazy A Covered Peril On Renters Insurance?

Is Crazy A Covered Peril On <A HREF="http://www.EffectiveCoverage.com/Renters-Insurance">Renters Insurance?</A>

Is Crazy A Covered Peril On Renters Insurance?

The question you’ve all been waiting for the answer to…  Is “crazy” a covered peril on renters insurance?  Of course, we’re approaching this a bit broadly, but it’s an interesting question.  People do ridiculous things in response to situations, from time to time, things which might make it look as if they’ve come unhinged.  Whether or not that’s the case, the question could cover quite a few types of situations, but the broad answer is, surprisingly, yes.

Call Effective Coverage at (800) 892-4308 To Find Out Is Crazy A Covered Peril On Renters Insurance?

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