Baton Rouge, LA renters insurance isn’t nearly as complex as it seems. It can be very difficult to find Louisiana Renters Insurance, because many carriers have pulled out of the state. There’s certainly a great deal of exposure for insurance companies, given the coastal risk in the state, but insurance should be about long term relationships with the insureds. Companies that have left the state recently have given up on the chance to build those relationships.
Whether you need New Orleans Renters Insurance, or renters insurance in Prairieville, Central City, Shenandoah, Plaquemine, or any of the other booming parts of the greater Baton Rouge area, Effective Coverage values those relationships. That’s why we’re the only full service insurance provider focused solely on the needs of renters. We want to be your insurance company for life, and help you stay covered as your needs change over time. One of the ways we’re doing that is with education, such as this guide, in line with our core values.
Baton Rouge, Louisiana Renters Insurance
Does Baton Rouge, Louisiana Renters Insurance Cover Flood?
In a single word, no. But that’s not specific to Baton Rouge renters insurance. That’s anywhere in the entire country. No renters or homeowners insurance in Louisiana or nationwide covers flood. There’s a separate flood insurance program largely funded by the government for that. The exposure from flood is just too large for any one carrier to take on at reasonable rates, which is why the National Flood Insurance Program was created.
But wait! That doesn’t mean that your renters insurance in Baton Rouge won’t cover water damage. It will! If you have a broken pipe that damages your personal property, coverage can be found. If you negligently leave your window open on the one cold day a year Baton Rouge experiences, the pipes freeze, and your neighbor suffers damage from the leak, the liability portion of your policy could respond to something like that.
It’s also important to note that proximate cause is crucial in insurance. In other fields, the “but for” rule is what proximate cause hinges on – “But for the flood from a hurricane, the power wouldn’t have gone off, therefore the hurricane is responsible for the power outage.” In insurance, that’s often true, but there are exceptions.
Generally speaking, if there is flooding which forces you to leave your home for the duration of a storm, for instance, losses like theft while you were away would be covered even though they wouldn’t have happened if the flood had not happened, because you would have been home to thwart the thief. This can get quite complicated, which is why it’s so vital to work with Baton Rouge, LA renters insurance experts like the ones at Effective Coverage.
Because coverage varies between states, and even between specific parts of a state in some instances, you need to know your policy is written by someone intimately familiar with the ins and outs of Louisiana Renters Insurance, not just someone who’s taken a two week class in the subject and was then thrown to the wolves. Because we’re passionate about renters insurance, we make it our business to provide a custom-tailored Baton Rouge, Louisiana renters insurance policy.
Does Renters Insurance Cover Wind?
Wind coverage on Baton Rouge renters insurance is generally available, though this will vary between carriers. Before you pay the extra money for a policy that covers wind, ask yourself one question:
Do I need wind coverage?
If you’re living in a newly constructed block building with impact resistant glass, on the fourth floor, you may well not need the coverage. You’re not responsible for damage to the building from windstorms. If the building is hurricane resistance and of recent construction, how exposed are you really to wind losses? Possibly not very! It’s all about your level of risk tolerance and your specific situation. This is another area where working with a renters insurance expert can help make sure you have the coverage you need and don’t end up paying for extra coverage that you don’t need.
If a storm rolled through Baton Rouge tomorrow, would your building weather the storm? If so, wind may not be a large concern for you. If, on the other hand, you live in a century old frame house that was converted into apartments thirty years ago, you may want to consider protecting your property from the risk of damage from a windstorm. The necessity of the coverage is linked directly to your personal situation, your home, and your level of risk tolerance.
Is It Expensive To Get Renters Insurance?
What’s expensive, realistically? As we’ve said before, ponies are expensive compared to renters insurance. Losing everything you own to a fire, theft, or storm is expensive. Being sued because you injured someone is quite expensive.
On the other hand, renters insurance in Baton Rouge is not expensive. Fifteen to twenty dollars per month is the average, and often Effective Coverage policies are less expensive still. You can’t go out for dinner alone in Baton Rouge for fifteen bucks, You can’t do much else with fifteen dollars, to be honest. What you can do is protect the things that are important to you and protect your family with peace of mind. If you can’t afford renters insurance, make a habit of putting your change in a jar each day. At the end of the month, it’s likely you’ll have that fifteen dollars just from the change alone!
Renting In Baton Rouge, Louisiana
Everyone knows that Baton Rouge, LA is literally “red stick” in French. But do you know why? A French explorer headed up the Mississippi River took note of a reddish cypress pole which was merrily decorated with the spoils of native war. It was the dividing line between the land of two tribes. The French called it “red stick” and the name has sort of stuck for the last several hundred years.
As the capital of Louisiana, Baton Rouge draws all sorts of people and all sorts of jobs. There’s room here for nearly everyone, with jobs in everything from service to manufacturing to education. Oil is big here, of course, as is healthcare and research. 230,000 people can’t be wrong about what a great place this is to live!
Historically, Baton Rouge was important because it was well located on the first bluff of any size headed upriver. This was an excellent place from which to observe and defend. The basic tactics of military and defense really haven’t changed much in the last few centuries, namely to always occupy the high ground and dig in because the defender gets the advantage. Baton Rouge settlers took advantage of this, especially as it allowed them to keep an eye on people headed upriver.
Because it’s on a bluff, Baton Rouge was also able to create a business district safe from flooding. To add to that, levees protect the rest of the city and the lower situated agricultural deltas. Culture developed here with strong influence from the French, as well as many other nations which had colonial aspirations.
Median income for a family is about $40,000 annually, which is sufficient when the median rent is less than $1,000 monthly. With good jobs in many fields, and a strong economy, the city attracts many people from other parts of the state and the country. This population growth, in turn, creates more jobs. The city has grown so much that a beltway has been proposed, to ease the average 22 minute one way commute. From where we sit, 22 minutes is not a bad commute to begin with, and allows for time in your non-working hours to enjoy the city, its culture, and its people.
But while you’re enjoying the short commute and the strong job market, don’t forget to make sure you have Baton Rouge renters insurance from Effective Coverage! It only takes a few minutes, and it’s priced for affordability at around fifteen dollars monthly. Work with the experts!