The Majority Of Pennsylvanians Rent!
Did you know that from Philadelphia to Pittsburgh, Reading to Reedsvile, and across the state, most people in Pennsylvania rent their homes? From the 570 to the blue route and all the way to the 412, people in Pennsylvania need renters insurance. Effective Coverage is dedicated specifically to serving renters!
Can My Landlord Require Renters Insurance?
Absolutely. Many landlords do require renters insurance in Pennsylvania. They realize it is better for their entire communities and residents just like you when everyone has affordable Pennsylvania renters insurance.
Pennsylvania Renters Insurance Guide
How much do you know about renters insurance in PA? Check your knowledge and learn a few things about Pennsylvania renters insurance with the PA renters insurance experts.
Why Does My Landlord Need To Be An Additional Insured On My Renters Insurance?
The short answer is that he doesn’t need to be an additional insured on your renters insurance, nor should he be. Your landlord should be listed on your renters insurance policy as an additional interest. This lets him be notified if the policy cancels or non-renews, but it confers zero coverage to him. For reasons we’ll spare you, listing your landlord as additional insured on a renters insurance policy in Pennsylvania can cause more problems than it solves.
How Much Does Renters Insurance Cost?
We find that Pennsylvania renters insurance policies run around $15.00 a month. That generally buys you $15,000 of personal property coverage and $100,000 or $300,000 of liability protection. It’s incredibly inexpensive for the broad protection it grants you.
What’s The Difference Between Liability And Personal Property?
Pennsylvania renters insurance personal property coverage protects your things from common perils like fire, theft, and vandalism. This means that you’ll get the amount you need to replace the property at replacement cost if you suffer a loss as a result of a covered peril. This can be a lifesaver, especially in a fire or other total loss, because it allows you to get back on your feet and start living again as soon as possible.
Liability coverage on renters insurance covers bodily injury or property damage that you do to someone else through your own negligence. Negligence is just failure to take ordinary care and caution. So if you’re out at the beer distributor or state store and you drop a bottle resulting in someone suffering a slip and fall, your Pennsylvania renters insurance generally can respond to a situation like that. It also can respond to a fire you accidentally cause, for example. The policy provides coverage for damage to the building and damage done to other residents.
How Can I Get Affordable Renters Insurance To Meet My Landlord’s Requirements?
First, make sure you know how much liability your landlord requires, as well as if he needs to be listed as an additional interest. Then, call Effective Coverage! If your landlord works directly with Effective Coverage, you can skip the first two steps because that information is already on file! From there, just let the friendly agents at Effective Coverage know what you need, and you’ll get a comprehensive policy with broad coverage. Effective Coverage will even send the evidence of insurance directly to your property manager. It couldn’t be any easier!