Welcome to our Anchorage, AK Renters Insurance Guide. How much do you really know about renters insurance in Anchorage? You might be surprised. Effective Coverage is on a mission. in line with our core values, we help educate renter on their insurance needs and support them in making sure they have the right Alaska Renters Insurance for their needs.
Shockingly, only forty-four percent of Americans have renters insurance! It’s often not because they’ve chosen to go without the coverage, but because they don’t even know it exists, much less know that they need it. As a result, we’re spreading our message of salvation from perils that could befall any renter in Alaska at any time.
Effective Coverage works to make renters insurance in Anchorage easy to understand, and seamless to obtain. One phone call to Effective Coverage can get you insured immediately, or you can chat online with an Alaska renters insurance expert who can guide you, or use our self-service options to quote online any time of day or night! Your affordable Anchorage renters insurance will protect you from many different things, including most smoke and fire damage. Your Effective Coverage renters insurance in Anchorage is designed to protect you from a multitude of risks, at an affordable price.
Anchorage, AK Renters Insurance
Does Anchorage Renters Insurance Cover Snow?
You bet it does! While you wouldn’t be able to get Anchorage renters insurance to cover, say, the cost of plowing your driveway, it does protect you from snow. How? That’s a great question, and we’re thrilled that you asked. Anchorage gets an annual average snowfall of 75.5 inches. That’s over six feet, and taller than about half the population of America! With all that snow comes quite a bit of ice, and all that gets heavy after a time.
Weight of snow and ice is a covered peril on renters insurance, That means that if the six feet of snow on the roof of your apartment building caves in the roof, you generally have coverage for your personal property. You’re obviously not liable for the loss to the building, but you will want your property to be replaced. That new MacBook you just got is not going to take kindly to being buried under six feet of snow, ice, wood, and shingles.
Another way that snow is covered on Anchorage renters insurance is if you’re responsible for a part of the sidewalks outside under your lease. If the paper boy slips on your unsalted sidewalk that you haven’t yet cleared the overnight snow from, he doesn’t have to sue you to get those medical expenses paid. If it’s a minor injury, your guest medical or medical payments to others coverage on your renters insurance in Anchorage can cover it. If it’s a larger injury, well, that’s what liability coverage is for. No one wants these things to happen, but they do, and usually at the worst time. Protect yourself with Anchorage renters insurance to keep your family safe and secure.
Does Anchorage Renters Insurance Cover Fire Caused By Unfreezing My Pipes With A Blowtorch?
Well, for starters, we strongly discourage you from that particular method of unfreezing pipes for two reasons. One of the benefits of being a renter is that many things simply are not your problem. So you’d be able to just call the landlord and have a professional take care of it. But even if the landlord is slow, that’s not a safe way to thaw pipes, even for a professional. It’s also pretty risky with older pipes made of cast iron. And obviously you would never use a torch on plastic pipe.
But if for some reason you absolutely must thaw your own pipes and have no other method available, you’ll be glad to know that on renters insurance in Anchorage, fire is fire. It doesn’t matter whether it was a candle or a torch that started it. You were negligent in the way that you tried to heat the pipes, or in the direction you pointed the torch. That negligence triggers your liability coverage for the damage to the building, as well as your personal property coverage.
While the act of thawing your pipes with a torch was intentional, this doesn’t fall under the “intentional acts of an insured” exclusion. Why? Because your intent was to thaw the pipes, not to start the fire. The fire was a result of your negligence, not of an act based in wondering how you can most effectively start a fire. Intent is crucial in determining coverage, and clearly yours was not to start a fire, in this instance.
How Much Does Renters Insurance Cost In Anchorage?
The national average price for renters insurance is just fifteen dollars a month, or $180 a year. Renters insurance in Anchorage can be a bit higher than that, but not significantly. Fifteen to twenty dollars a month is a very small price for the protection it affords your family.
Renters insurance anywhere in the country is far less expensive than having a loss that’s not covered. Statistically, you won’t live long enough to lose money on renters insurance. You’d have to live nearly a century from the day you began coverage without a single personal property loss in order to spend as much as the claim that would be paid. Since you can’t get renters insurance on your own until you’re 18, the earliest possible date that you could have spent more than the renters insurance would pay is sometime in early 2133. That’s right, a third of the way through the twenty-second century. While science is advancing rapidly, we don’t expect anyone currently living to see 2133.
As a result, at fifteen to twenty dollars a month, it’s essentially an impossibility for you to spend more on renters insurance than what you’d get back in the event of a claim. That makes it an even better value!
Renting In Anchorage, AK
Anchorage is the most populous city in Alaska, with more than 40 percent of the state’s population. New York is the only other state boasting a higher percentage of citizens in its largest city. Anchorage has been named as the “All-America City” four times by the National Civic League and Alaska is generally regarded as the most tax friendly state. The average home price is $295,191 and the average rent is $1042 per month.
Anchorage is known for being a coastal lowland which abuts the foothills of the Chugach Mountains. The seacoast is largely made up of mudflats which often trap those new to the area such as newcomers or tourists as the tide is out from the coast. People became in both 1961 and 1988.
Anchorage experiences a subarctic climate, where most of its precipitation falls during the summer. Temperatures in the area range from 5 to 30 degrees far en height during the winter, changing to 55 to 78 degrees Fahrenheit. The average winter snowfall is 75.5 inches, with the record breaking winter snowfall in from 2011-2012 had 134.5 inches. The previous record was all the way back to 1954-1955 which saw 132.8 inches of snow. Going even further back, the lowest temperature ever recorded was -38 degrees fahrenheit in 1947.
The Ted Stevens Anchorage International Airport (TSAIA) is among the top three most busy airport’s for cargo traffic. Only Memphis and Hong Kong beat the TSAIA. The reason for the traffic is linked to Anchorage’s location which borders along the “great circle” routes between Asia and the lower 48. Its airport has ample amount of jet fuel from in-state refineries from both the North Pole and Kenai. This jet fuel is typically first transferred to the Port of Anchorage, then by rail to the airport.
We’re sure that you love the cold weather throughout most of the year in Anchorage. But you can’t forget the possibility of a catastrophe that could occur at any moment. Purchase your renters insurance from Effective Coverage, the only full-service insurance provider dedicated specifically to renters.