Thanks for taking a moment to review our White Plains, NY Renters Insurance Guide. We know that you have plenty of choices for New York Renters Insurance, and there are even many choices for a White Plains, NY insurance agent. We want to be the folks you trust for White Plains renters insurance.
Why trust Effective Coverage for your White Plains, NY renters insurance? That’s all we do – Effective Coverage is the nation’s only full-service insurance provider focused on the needs of renters. That means we know renters insurance inside and out, backwards and forwards, and we’re happy to take the time to answer your questions and make sure you’re satisfied with both your coverage levels and your price.
On the topic of answering your questions, it’s important to note that we’ve made some changes to the typical insurance provider business model. First of all, we extensively train all of our renters insurance experts on an ongoing basis. You won’t be working with someone who just took a quick class, education is one of our core values and that applies to our employees as well as our customers. The only way we can make good on our promise to educate people about White Plains, NY renters insurance is if we ourselves engage in continuous learning.
Second, note that all of our renters insurance experts work on salary. That means there’s no sales pressure on you or on them. Your friendly renters insurance expert will be happy to take the time necessary to appropriately address all of your questions and concerns, and to make sure you’re entirely satisfied with the process.
Effective Coverage has a long and storied history of offering strong renters insurance in White Plains, NY and nationwide, and we’ve changed the business for the better. Work with the New York Renters Insurance experts and you’ll get the coverage your family deserves at a price your family can afford. It just takes a few moments, so call or click 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.
White Plains, NY Renters Insurance
How Much Does Renters Insurance Cost In White Plains, NY?
On average, White Plains, NY renters insurance costs about fifteen dollars a month. That works out to be right in line with the national average, about $180.00 a year. It’s difficult to do a nice dinner and a movie for two on $180.00, and that same amount of money pays for a full year of White Plains renters insurance. It’s an incredible value, and just about anyone can budget renters insurance. Some prefer to pay for the year, as it’s a bit less expensive, others prefer to spread the payments out. Either way works, and if you spread the payments out, you’ll often find you can make those payments just by hoarding your spare change at the end of each day – Renters insurance works out to about fifty cents a day.
How Much Personal Property Coverage Do I Need On White Plains Renters Insurance?
Personal property coverage on your White Plains, NY renters insurance is the part of the policy that protects the things you own from direct physical loss due to a number of specified perils in the policy. First, you should consider open perils coverage. It’s often very inexpensive, and replaces the named perils with “insur[ance] against direct physical loss,” regardless of cause, subject to a few obvious exceptions such as nuclear war.
In terms of how much coverage you need, you can figure that out while documenting your property. Walk around your house taking video of all four walls of each room. While you do that, add up the values of each major item you can see. By value, of course, we mean the amount of money it would cost to replace the property at retail because that’s what you want to insure for. Then take that total number and double it to account for all the things you forgot or that are inside drawers or otherwise not there to jog your memory. That’s a good starting point for how much personal property coverage you need on renters insurance.
Take that number, and then reach out to a White Plains, NY renters insurance expert who can help you dig into it a bit more.
How Much Liability Coverage Should I Have On Renters Insurance In White Plains, NY?
White Plains renters insurance also contains liability coverage. This is what protects you if you cause injury or property damage to someone else through your negligence. It generally doesn’t matter what the loss is or how you caused it, just that you were negligent and didn’t use due care to prevent the loss to someone else. Never, ever forget that White Plains renters insurance also provides for defense costs within that liability coverage.
That means that if you’re sued or a claim is filed which would be covered by the policy, the insurance company provides a defense for you. They will pay the lawyers, and they will negotiate, settle, or try the case if it gets to that point, on your behalf. Your only obligation is to cooperate with them Do you have any idea what lawyers in White Plains cost? For about $180.00 a year, you can avoid that concern.
As to how much liability coverage you should have on your White Plains renters insurance, the answer is always “as much as you can get.” Damages add up quickly, especially if there are medical bills involved. The difference between $100,00 and $500,000 of liability coverage might be ten or fifteen dollars a year. If you have assets in excess of $500,000, you can even consider an umbrella liability policy. Your friendly White Plains, NY renters insurance expert can help with more details on what they cost (very little) and what a good use case for an umbrella policy might be.
Renting In White Plains, NY
Just north of New York City, located in Westchester County, White Plains, NY is an affluent suburb of New York City. Many people live here and commute to work in the city, either by car or by train. Living is a bit slower here than in the city, and many people feel that it’s a better place to raise a family than the city. Just 57,000 people live here, and the median household income is about $71,000. That’s fortunate, considering that the average home in White Plains is valued at nearly half a million dollars! As you can imagine, many people rent here, because the cost of living is so high. The median rent is just $1,361, which is quite a deal considering the affluence of the area and the proximity to New York City.
White Plains has an economy divided into two main area: Jobs in White Plains and people who commute from White Plains to NYC. As to jobs in White Plains, the city has done an excellent job of attracting large companies that bring good career-track jobs. ITT Tech, New York-Presbyterian Hospital, Nine West, and Acadia Realty Trust are just a few of the global companies that have large offices in the city. Prodigy, an internet service provider, used to have their headquarters here, though they’ve since moved to Austin, TX. Much to the surprise of many people, Prodigy does, in fact, still exist, though they don’t market their services anymore. Several national non-profits are based here, as well, including the Leukemia and Lymphoma Society and the March of Dimes.
With a strong economy, good jobs, and affordable rental housing. White Plains is an excellent place to make your home. But don’t forget to protect that home with White Plains, NY renters insurance from Effective Coverage.