Welcome to the Effective Coverage Newport News, VA Renters Insurance Guide. You may be wondering why such a guide is even necessary – after all, Virginia Renters Insurance is fairly straightforward. While that’s true, there are some common misconceptions that are freely bandied about. In addition to that, the majority of insurance agencies in Newport News don’t take much time to explain the details of a renters insurance policy because they’re such a low-margin policy.
Effective Coverage has been dedicated to helping renters get the coverage they need for many years. Education is an important part of our core values. Primarily through education efforts, we’ve been a large part of what’s driven the increase to forty-four percent of renters being insured nationally. As the number of insured renters increases, organizations such as the Red Cross are able to focus their efforts on larger disasters like tornadoes instead of on things like apartment fire. This allows them to use their resources more efficiently. By having Newport News, VA renters insurance, you know that after a loss like a fire you’ll be able to rebuild your life quickly and also quickly repurchase the things that were lost in the fire.
Take a few moments to review this guide, and then reach out to a renters insurance expert at Effective Coverage if you still have questions. You can also buy renters insurance online just by clicking above. Either way, the process takes just a few minutes and you can be covered today.
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.
Newport News, VA Renters Insurance
Does Newport News, VA Renters Insurance Cover Floods?
A great man once said, “That depends on what your definition of ‘is’ is.” In this case, it depends on your definition of flood. A sudden cracking, tearing apart, discharge, or overflow of a pipe which resulted in water damage to your property would be a covered loss. Why? First, those are perils specifically named in the policy. Second, that’s not a flood. No matter how much water comes out of that pipe, it’s still not a flood.
A flood, in insurance parlance, is “water moving along the ground.” That means a river overflowing its banks, or a situation where poor drainage in an area causes water to move along the ground, or to seep through basement walls, for instance. That would not be a covered loss. Flood insurance is a separate product, generally underwritten by the government, and you can get contents-only coverage for flooding.
Another type of water damage to be aware of is water backup of sewers and drains. It’s a fairly common event, unfortunately, and there’s an endorsement that allows you to add back coverage for it to your policy. It generally costs about two dollars a month to add water backup coverage to your renters insurance in Newport News, and it’s well worth having. Note that if there is flooding and the flooding causes water to back up through your sewers, sinks, drains, etc., the water backup endorsement could still provide coverage.
Does Newport News, VA Renters Insurance Cover Hurricanes?
Generally hurricanes are covered because most Newport News, VA renters insurance policies do not exclude wind. However, in a coastal area like this, it’s important to read your policy carefully to avoid the risk of thinking you have coverage that isn’t present. This will vary by carrier and even by underwriting tier in some cases. The best way to make sure you have the coverage you think you do is to work with a Newport News renters insurance expert at Effective Coverage, who will be happy to take the time to go over your policy with you in whatever level of detail you prefer.
How Much Does Renters Insurance Cost In Newport News, VA?
The average cost of renters insurance in Newport News, VA is about $187.00 annually, or around $15.00 monthly. That’s an incredible value, and those prices don’t normally increase significantly year over year – renters insurance has cost pretty much the same in Virginia for a very long time. Much of the reason for this is that a few percent increase would barely be noticeable on a $180 a year renters insurance policy.
Affordable renters insurance in Newport News, VA is easy to find, and Effective Coverage offers several options to fit nearly any budget.
Doesn’t The Landlord Have Insurance?
Sure, the landlord has insurance. On his building. Your property is absolutely not his concern. Even if he wanted to insure it, which is unlikely, he can’t. The landlord has no ownership or lease rights to your property, and therefore he lacks insurable interest. He can’t insure your things because he suffers no loss if they’re damaged. You are the one who would suffer the loss, and as a result you are the one who needs Newport News renters insurance. It’s affordable and protects your things against all manner of risks, as well as affording you the liability coverage that most properties require and that most people agree is prudent to have. To find out more, just click above or call a Newport News, VA renters insurance expert at Effective Coverage.
Renting In Newport News, VA
Newport News, VA is a coastal Virginia city that’s home to 182,000 people. The median household income is $47,476, which lines up nicely with the median home value of $194,000. It’s even more affordable to rent here, with a median gross rent of just $969.00 monthly. Major industries here include Newport News Shipbuilding and other military bases and contractors. This leads to a supply of good jobs that help improve the economy of the city.
Since I-64 runs through the city, Newport News is also where rail transportation, road transportation, and water transportation all meet. Shipping is another major industry that employs many people here. The Newport News Marine Terminal takes up 140 acres and is equipped for all types of large cargo. Technology companies also are beginning to take root in the area, since technology and logistics are a natural match for each other.
With good jobs, affordable rents, great schools, and plenty to do, the Hampton Roads area is a great place to raise a family. Make sure to protect your family and their property with Newport News, VA renters insurance from Effective Coverage. For just pennies a day, it can make all the difference in your life.
To find out how Effective Coverage can protect you, and how affordable it is, just call
What's Your Style?
- Do You Need Coverage 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 Virginia Guide To Renters Insurance.
- Just Want To Watch A Movie Together? See our video guide below.