Did you know that fifty-six percent of tenants don’t have Cincinnati, OH renters insurance? Think about that for a moment. Nearly three quarters of Americans don’t have the Ohio Renters Insurance they need to keep their families safe in a disaster. Additionally, nearly three-quarters of American renters don’t have the liability coverage they need to protect you from injury or damage they may cause to you!
Whether you live in Cincinnati, or nearby suburbs like Covington, Fort Wright, or Norwood, why would anyone go without? There are two main reasons. First and foremost, many people don’t even know that they are eligible for Cincinnati, OH renters insurance. They may not even know that the product exists. Second, those who are aware the coverage is available often are misinformed about the cost. We’ll touch on that in a moment.
Effective Coverage, the nation’s only full-service insurance provider dedicated solely to renters, is working to increase the number of covered renters through our core values. We believe in educating renters about the protection available to them in the form of Cincinnati renters insurance, as well as making the coverage available in an efficient way with insurance experts for renters to support you.
Cincinnati, OH Renters Insurance From Effective Coverage
True or False? Renters insurance is too expensive for most people
False! The average price of Cincinnati, OH renters insurance is $183 for an entire year. That’s about fifteen dollars a month. To put that in real terms, fifteen dollars is about what paid for a hot dog and a soda at the U.S. Bank Arena when wrestling superstar Dean Ambrose came back to his home town of Cincinnati a few months ago.
Renters insurance in Cincinnati is so inexpensive that if you and one friend had purchased tickets to go to that Monday Night Raw show, bought a soda and a hot dog each, and paid to park, you would have spent more than the cost of Ohio Renters Insurance for an entire year!
Fifteen dollars a month is a small price to pay for the kind of protection that Cincinnati renters insurance brings to you and your family.
Speaking Of Protection, How Does Cincinnati, OH Renters Insurance Protect My Family?
Having renters insurance in Cincinnati means that your personal property is protected from a number of perils such as fire, theft, and vandalism. One of the greatest risks to life safety in an apartment fire is the nearly universal desire to save one’s most important possessions.
If you have Cincinnati renters insurance, however, you’re able to get yourself and your family out without worrying about any property remaining at risk to the fire because you have replacement cost coverage on your renters insurance. For a few dollars a month, the peace of mind knowing you’ll be able to get out faster and not worry about your property is well worth it.
But there’s other coverage as well. Sometimes, people get hurt in your home. It’s not your fault, and it’s not really their fault, either, but someone has to pay for the medical care. That’s why renters insurance in Cincinnati includes medical payments to others coverage. Claims under this coverage don’t require a finding of fault, they just require that the injury have happened on your premises. It’s means for small injuries like your child’s friend falling off a swing. There’s a different coverage for larger injuries.
If someone is hurt in your home, or if you cause them property damage, your Cincinnati renters insurance comes with liability coverage to protect you from those risks, as well. If you’re at fault for the injury – on or off premises – or the property damage, renters insurance liability protects you and your assets.
If you accidentally close the door on the UPS driver’s fingers and he’s out of work for weeks with significant medical bills as a result, he’ll look to you to pay for that loss. He may even sue you for the injury. Liability coverage on renters insurance in Cincinnati would pay that claim, but just as importantly it would also pay for your defense against that claim. Defense against the dark arts of overzealous litigators can be quite expensive, even exceeding the amount of money at issue in the first place. Paying for that defense is one more way your Cincinnati renters insurance protects you, your family, and your assets.
But what if there’s an apartment fire and you can’t stay there? What if the entire building blinks from existence at a moment’s notice, as happened with the Avalon Bay fire? Many of those people will never be able to go home because the fire literally burned the building to the ground.
Cincinnati renters insurance includes a coverage called loss of use. This pays for your hotel stay after a covered claim, because it takes a little time to either be able to go back, or to find a new apartment. Hotels in Cincinnati can be quite expensive. One of our renters insurance experts has family in Cincinnati, and when she goes back to see them for holidays, she plans on paying no less than $150 a night once everything is tacked on. How long could you sustain that cost, while gathering security, first, and last for a new apartment? With Cincinnati renters insurance from Effective Coverage, you don’t have to pay that out of pocket.
There are a variety of ways that Cincinnati renters insurance can protect you, your wallet, and the people and things that are most important to you. Did you know there’s also a small coverage (generally $500-$1,000) for unintentional damage to property of another on many Ohio Renters Insurance policies? Most people aren’t aware of that one. If you’re shoveling your neighbor’s walk to be nice after a snowstorm and break one of her prized ceramic garden gnomes with the shovel, Cincinnati renters insurance can protect you, even from small accidental losses like that one.
Call or click today to work with a Cincinnati, OH renters insurance expert who can help you get the perfect policy at the perfect price point.
Renting In Cincinnati, OH
Cincinnati is the 3rd largest city in Ohio and the 65th largest in the country, at around 300,000 residents. Its average home price is just $97,000 and its average rent is only $662 per month. This makes it one of the least expensive places in the country to live, and makes living in Cincinnati a tremendous value.
Cincinnati has the distinction of being one of the first “true” American cities, because it was founded after the American Revolution, an American city from day one, and continuing through today. The Cincinnati Reds were the first Major League baseball team, and they Cincinnati remains their home to this day. Other cities have gained, lost, and sometimes gained new professional sports teams, but Cincinnati’s has stayed with them through good years and bad.
Cincinnati is also the home of many prestigious companies. Nine Fortune 500 companies and fifteen Fortune 1000 companies make their homes here. Many diverse types of companies are based here, such as Proctor & Gamble, American Financial Group, and Cincinnati Bell. Not that we’d expect Cincinnati Bell to have their home office anywhere else.
If you rent in Cincinnati, be cautious that disaster can occur. Make sure to protect yourself with our affordable Cincinnati, OH renters insurance policy which will protect your personal belongings and provide your family with the liability coverage you deserve.