We know that you’re busy, and you probably don’t have time to spend hours learning everything possible about New Jersey Renters Insurance. That’s why we’ve created the Princeton, NJ Renters Insurance Guide, to help you get a quick overview of renters insurance in Princeton from the renters insurance experts. Just like any other professional, you work with a Princeton renters insurance expert because you need the knowledge and professional judgement they’ve accumulated with years of experience.
Effective Coverage is the only national full-service insurance provider focused on the insurance needs of renters. We’re fond of New Jersey, our CEO even hails from North Jersey, and we want to help you protect your family with Princeton, NJ renters insurance. Full-service doesn’t just mean we handle all types of personal lines insurance for renters. It also means that we’re there to answer your questions in depth and authoritatively, whether while you’re shopping for renters insurance in Princeton, or after you’ve purchased a policy.
That expertise has also enabled us to simplify the process of getting your policy set up. If you prefer to just go online and buy coverage, you’re welcome to click above. The process takes just a few minutes, and it’s quite intuitive. Remember that, since we are the insurance provider, you won’t have to field fifty phone calls because we’re not selling your information. Quite frankly, we’re in the business of selling insurance, not in the business of aggregating data for marketing. We don’t want our information sold, and we give you the same respect.
If, on the other hand, you have in depth questions or just prefer to work with a real person, Effective Coverage has Princeton, NJ renters insurance experts waiting for your call. We make sure that our staff of experts knows the HO-4 form inside and out, understands the endorsements and when they’re appropriate, and knows how to get you the coverage you need at a price you can afford. Did you know that the “residence rental theft” endorsement is almost never appropriate on a Princeton, NJ renters insurance policy? That’s because, contrary to its name, it’s designed to cover property stolen from a residence you are renting to others. It has its place, but only infrequently. Your renters insurance in Princeton already covers items stolen from your home!
Take a few minutes to review our guide, and then click or call to get covered today!
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Princeton, NJ Renters Insurance
What Does Princeton, NJ Renters Insurance Cover?
Princeton, NJ renters insurance is generally written on the nationally standardized HO-4 policy form, or rarely on a proprietary form derived from the same. There are four main types of coverage, each of which plays a specific role in protecting you from specific risks.
Personal Property: So you come home one night and everything is missing from your home. The burglars watched for a while to see when you normally leave for work and when you get home, and they took their sweet time getting everything because they knew they had a large window of time to work with. Your personal property coverage on Princeton, NJ renters insurance will pay for the items that were stolen, generally at the cost needed to replace those items with ones of like kind and quality. Call, file a claim, replace the items, and carry on with your life. That’s in stark contrast to what happens if you’re burglarized and don’t have the coverage.
Loss Of Use: Continuing the above example, the burglars forced their way in the front door and also broke a window on their way out, just for kicks. Clearly, the home is not secure and you can’t stay there that night since the landlord won’t be able to replace the door and window until the morning. Loss of use coverage pays for a hotel and other additional living expenses caused by a covered loss, and your Princeton, NJ renters insurance will be available to help you with those costs. Many people forget this coverage exists.
Liability: So you’re walking down the street, paying absolutely no attention, with your face buried in your iPhone. You trip over a rock, and fall directly on top of someone. You land softly without injury on top of them, they are not so lucky. Lacerations and a few broken bones will cost a bundle to treat, and your negligence caused the injuries so they expect you to pay for the treatment. You don’t have that kind of money on hand, very few people do. That’s where your Princeton renters insurance liability coverage comes into play. First, since you’ve clearly caused bodily injury through your negligence, the policy will pay to defend you against that claim or suit. That saves you quite a bit of money to begin with. Beyond that, of course, the policy also pays for those damages. Instead of having to hand over your 401(k) to cover the injuries, your Princeton, NJ renters insurance writes that check so you don’t have to.
Medical Payments To Others: You have a friend over to celebrate your new apartment in Princeton. They’re helping you out in the kitchen, and while walking to the fridge they slip and fall. No one’s fault, really, as the floor wasn’t wet – no one was negligent, it was just one of those things. Medical payments to others coverage on Princeton, NJ renters insurance pays for injuries that your guests sustain while in your apartment, without regard to fault. This can prevent a small injury from turning into a large liability claim, and remember that accidents happen to everyone at some point.
As you can see, your Princeton renters insurance policy covers quite a bit. But it can’t help you if you don’t have the coverage! Call or click to get covered today.
What Is The Average Cost Of Renters Insurance In Princeton, NJ?
The average cost of renters insurance in Princeton, NJ is about fifteen dollars a month, roughly fifty cents a day. It can vary slightly, and even be less than that. You can be protected with the outstanding coverage seen above, generally for literally pennies a day. It doesn’t even cost much time to get covered, generally it takes about five minutes to start a policy.
Renting In Princeton, NJ
Princeton, NJ is a borough in New Jersey and its current form of government can be traced long into history, all the way back to 2013 when the Borough and Township merged. Of course, the history of Princeton is much more rich than just the last few years. It actually was founded prior to the Revolutionary War. Known for many things, Princeton University is the most well-known part of the borough. Education and research are crucial segments of the economy – Princeton also houses organizations such as the Princeton Plasma Physics Laboratory, the Princeton Theological Seminary, and Siemens Corporate Research. Many well-known companies are based here, as well, including Opinion Research Corporation and Dow Jones & Company.
Many people live in Princeton and commute elsewhere. It’s about the same distance to get to New York City or Philadelphia, and there’s plenty of good public transit options that make it convenient and productive to live here and work in other cities. Even the Governor of New Jersey lives here! Money Magazine called Princeton one of the top fifteen towns to live in nationwide. The average home value is over half a million dollars, so many people choose to rent. With a median rent hovering around $1,600, it’s much more affordable.
When you rent your new home, make sure to protect your luxury lifestyle with Princeton, NJ renters insurance. Effective Coverage makes this possible with just a few clicks or a quick phone call!