Many people reach out to Effective Coverage wondering how they can add renters insurance to Geico auto insurance. That’s actually an interesting question, and it’s a little more in-depth than you might think! If you’re looking for Saint Paul Renters Insurance, you’ll find the answers just below our Video Guide to Minnesota Renters Insurance!
Can You Add Renters Insurance To Geico Auto Insurance?
You absolutely can. It won’t be a Geico renters insurance policy, of course, and there’s the concern.
What’s that, you say? Why can’t I buy a Geico renters insurance policy to go with my Geico auto insurance?
That’s an easy answer. Geico underwrites specific types of insurance coverage. Auto is the primary example, but there are a few others. One of the reasons that they have the pricing they do on auto is that’s all they do. If you buy a renters insurance policy from them, you’re buying someone else’s renters insurance, rebranded.
That would be all well and good, but sometimes you don’t get much of a choice as to where the policy came from. You can add renters insurance to Geico auto insurance, but you need to be asking the right questions. You need to ask who’s underwriting the policy. You certainly should ask about the rating of the company in question. What’s their reputation for claims service, if you have a loss?
Those are answers that the person you’re speaking with should either know offhand or know where to find. That’s not to say that every agent knows everything about every company. But that person should absolutely know where to find the information you’re looking for. Ratings chance from time to time, so do underwriting guidelines. There’s no sense in memorizing them, of course. But being able to access them quickly is crucial.
If I Can’t Get Geico Renters Insurance, What Should I Do?
Above, we mentioned that some of the reason that Geico has the pricing they do on auto insurance is that they have a fairly single-minded focus on that particular product. Renters insurance is just an add-on product to them. Effective Coverage focuses on renters insurance, and on giving you choice.
When you work with Effective Coverage, we’ll often suggest a particular underwriter for a policy, but the choice is yours. If you ask how a particular underwriter is rated, or what the claims process is like with them, we have those answers for your because we believe in education and disclosure.
An Effective Coverage insurance expert for renters is deeply familiar with the underwriters, and can discuss ratings, satisfaction, and other concerns with you. In addition, you’re working with someone who lives and breathes renters insurance. It’s important to work with an expert who is passionate about whatever you’re buying, rather than someone who just treats it as an add-on product to be sold quickly.
Is It Bad If I Just Buy Any Renters Insurance Policy Just To Get Covered?
Yes! You should give consideration not only to the financial strength of the underlying company but also to issues that other people have had with claims in the past. You can’t just buy “any” policy, because that would be minimum limits and would not necessarily cover what you need to cover.
How much personal property do you have? Chances are strong you have much more than you think, because people acquire more property over time and forget to add it to the total. You need to know how much stuff you have, as well as what it would cost to buy it all again at retail. That’s the amount of personal property coverage that you need on your policy.
What about liability? Some companies will sell you just what your property manager requires and leave it at that, but that’s often not enough. Is the apartment temporary while your home is being remodeled? You have assets and you might need additional liability coverage in order to protect them.
There are other types of coverage on a renters insurance policy that you need to consider, as well. You want to work with experts, not with someone who will just sell you the base coverage and call it a day. Effective Coverage insurance experts for renters can help you to get the right Saint Paul Renters Insurance for your needs. That policy will include the coverage you need, without upsells and unnecessary coverage.
Effective Coverage wants to take our time with you and help you to get the right policy. But we’ve also made it possible to buy renters insurance online in just sixty seconds. You can click above, quote, and buy in just one minute. It’s that easy! Effective Coverage is changing insurance, from the old world of agent vs. direct writer. Now, you have choices and options to explore. If you have questions along the way, there’s a friendly renters insurance expert waiting to answer them.
The national average price of renters insurance is just $187.00, according to the III. That works out to as little as fifteen dollars per month. The vast majority of families can budget renters insurance easily at those prices.
Additionally, it's important to note that renters are at a significantly higher risk of experiencing loss than homeowners. Renters occupy roughly one third of total housing stock in the country, and yet they are fully fifty percent more likely to experience theft than homeowners, according to the Bureau of Justice Statistics.
It only costs a few dollars a month to protect your family, and this cheap renters insurance is a great way to mitigate the additional risks that come with being a renter.(800)892-4308 or click to get covered - whether you need Saint Paul renters insurance quotes online or coverage anywhere else!
Effective Coverage offers the nation's only completely mobile platform to quote and purchase renters insurance right from your phone or tablet in just one minute. Get an online renters insurance quote today and protect your family.
What's Your Insurance Language?
- Do You Need Renters Insurance ASAP? Check out the fastest way to buy renters insurance online and get covered in just 60 seconds!
- Do You Feel Like Talking About It? Just call Effective Coverage and a renters insurance expert can help you get great coverage in minutes.
- Do You Need Some Time Alone With Your Thoughts? We understand, which is why we created the Minnesota Guide To Renters Insurance.
- Just Want To Watch A Movie Together? See our Video Minnesota Renters Insurance Guide!