Through a special partnership with our underwriters, Effective Coverage is able to offer free Renters Insurance! How is this possible, you ask? Insurance companies take in money in order to pay claims and operating expenses, and then they invest that money to make more money from it, resulting in a larger pool of money from which to pay claims. That’s just the nature of the insurance business, so how can a company possible offer free renters insurance? Read on to find out!
Free renters insurance requires clarification – as does any offer of anything free, generally. A certain seafood fast food chain is offering free pie or a free soda, for example, but there’s a purchase required to get the free pie. Here at Effective Coverage, the only thing we like more than free food is free renters insurance! So how can you make that happen?
Insurance providers like Effective Coverage offer discounts for bundling or combining policies with them. That means that the more policies you have with a provider, the more money you save. The discounts are, of course, larger for larger policies. So how do you get free renters insurance? Bundle in your auto insurance with Effective Coverage!
To begin with, you’ll get a discount on both your Renters Insurance and your auto insurance. The renters policy might only cost you $150 or so a year. So let’s say for the sake of argument you have a $1,500 a year auto insurance policy. Fairly standard in many markets. And let’s say that you get a ten percent discount on both policies for having the bundle. That saves you $15.00 a year on the renters insurance and $150.00 a year. So the math works out to…
Wait, that’s not just free renters insurance! By buying both Renters Insurance and auto insurance from Effective Coverage, you might actually make money. That’s right, you can often end up saving more than the cost of the renters insurance just by bundling it with your auto. That’s a no-brainer, if you can make money off having the two policies together instead of spending money!
So why do only forty-four percent of Americans have renters insurance? Because they don’t know this simple trick that could give them free renters insurance! You’d be amazed at the number of people who don’t think they should spend the money on renters insurance, when in fact it would actually save them money overall, in addition to the many other benefits.
How can you start getting free renters insurance? To bundle auto and renters policies, just call (800)892-4308 or click to get covered - whether you need 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.