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You’re standing at the kitchen sink washing the dishes. The raucous yelling from the living room tells you the game’s still on and your team’s still down by four. Then there’s the ominous shaking that goes hand in hand with seismic activity, an ominous crash, and silence reigns. Your entertainment center just tipped over, and as if ruining your brand new, $1,800 dollar HDTV wasn’t bad enough it also managed to hand one of your visitors a concussion and a luxury suite at your local emergency department.

Hopefully everything works out for the best, but the night’s going to have some consequences you couldn’t have predicted-you’re going to end up holding the bill for thousands of dollars in medical care and the replacement costs for your entertainment center, your television and the other three thousand dollars worth of electronics that were destroyed when the walls came tumbling down. It’s a good thing you bought a renters insurance policy when you moved in.

Over sixty four percent of American renters don’t think they need to buy additional renters insurance because their apartment is already covered under their landlord’s homeowners insurance policy. It’s a waste of money and one more unnecessary expense on their already overtaxed budget. The catch is, you never know exactly how necessary that insurance coverage can become on a moment’s notice. Being caught with your proverbial pants down and no renters insurance when disaster strikes can send your already stumbling finances spiraling down the tube into mountains of debt that make your credit cards look like child’s play.

Do the math: The loss of your entertainment center alone is going to cost you almost $5,000 in electronics, and have you seen what they’re charging for an emergency room visit these days? Between your doctors, anesthesiologist, nursing staff, radiology and laboratory services your bill can start rolling at over $1,000 an hour! (Those numbers differ by location and unique needs.) And extended hospital stays for overnight observation or ICU care sends the bill even higher. Since your landlord’s homeowners insurance was designed to protect their investments, not yours, their policy isn’t going to touch those losses with a ten foot pole. If you don’t have any kind of renters insurance protection, what’s a bill of $10,000+ going to do to your personal finances?

The good news is, renters insurance can help cushion the blow. Most renters insurance policies cover natural disasters, and every renters insurance policy from coast to coast will handle personal liability if someone is injured on your property. (Although if you live near a fault line earthquakes might be another story; check with your insurance agent. That was just an example.) That means that between your property replacement settlement and picking up the cost of your friend’s medical bills, after your deductibles your insurance company may have just saved you almost 90% of the cost of the accident.

Disaster can strike at a moment’s notice, and even if it doesn’t wreck havoc with your home it can definitely deal some major damage to your bank account. Don’t let yourself be a victim. Talk to an insurance agent about renters insurance for your rental property today.Anthony M. Peck is the Senior Developer, Software Project Manager and Director of Business Development for QuoteScout.com. For more information, and to compare quotes for your renters insurance, visit them on the web at QuoteScout.com.

Insuring your home’s contents and valuables should be given very serious consideration by all people irrespective of whether you live in privately owned or rented accommodation. This type of insurance provides cover for the ‘white goods’ in your home such as furniture and kitchen appliances as well as carpets and soft furnishings.

However, the type of insurance policy you have will have a marked impact on what you can make a claim for and what exclusions there are. As such you need to use a reputable insurance company who will provide the type of cover most suitable for your individual needs as well as providing the most competitive quotes.

Many insurance companies offer an ‘old for new’ style of cover which is a cost effective and reliable way of ensuring you can actually go and buy the nearest comparable item or items on the high street today. For example if your three piece suite was bought 5 years ago the replacement value will be more at today’s prices. This type of cover is ideal for keeping ahead of constantly rising prices. Insurance companies will be more than happy to explain the benefits this type of policy has to offer.

It is even possible to have extended accidental damage cover. This is a realistic insurance policy which covers things such as red wine spills on your carpets, accidentally spills paint whilst decorating with some extended policies cover can even include accidentally sitting on your glasses and breaking them as well as cover should you inadvertently drop your mobile phone on the kitchen floor!

The list is virtually endless as to the variety of different accidental damages, again it is best to discuss this option with your insurance company before deciding whether this extra cover is beneficial for you. There is no getting away from the fact that accidents do happen and you need the peace of mind that your insurance will cover for virtually all eventualities.

Having insurance is one thing, having the right insurance is another! There are millions of people in Britain who have no or inadequate insurance cover for the contents of their home. Sadly it is not until they are burgled, have an accident and damage their furniture or are deluged by flood water do they realise the importance of having adequate insurance cover.

The cost of the insurance premiums can be lowered in a number of different ways, however to under-insure is a mistake made by many people who are trying to find ways to save money. Under-insuring is not a cost effective or realistic way to insure your valuables!

You could enquire about increasing the excess you pay. This is the amount which applies to all contents insurance policies. Typically they higher the excess the lower the premiums, but this option will also need careful consideration otherwise you may find that should you have the need to make a claim the excess exceeds the value of the goods and therefore you will not be entitles to make a claim.If you’re looking for a quote on contents insurance visit Swinton.

It might not be the Age of Aquarius any longer, but it’s definitely the season of economizing-and of playing limbo with our monthly expenses to find out exactly how low we can go. In today’s economy we’re in the business of saving money, and a homeowners insurance policy designed to protect us from the nebulous threat of disaster “someday” might seem like a waste of time and money. But is it really? Or is living without homeowners insurance one of the biggest mistakes you’ll ever make?

Most people know why they need homeowners insurance. It’s there to protect their home and their families from fire, tornado, theft, water damage, yadda yadda yadda. We’ve all heard this spiel before. The problem is, most of us live in a state of perpetual naivete where although bad things like Hurricane Katrina happen on the evening news they could never leap out of our television to impact our daily lives.

Could they?

There are thousands of homeowners insurance claims filed every year ranging from damage caused by a mild kitchen fire or loss resulting from the theft of a favorite necklace to completely rebuilding a structure that Mother Nature decided to use as a punching bag. Chances are, most of those people didn’t think it was going to happen to them either-and thousands of families throughout the United States won’t be prepared if it does.

Without homeowners insurance you and you alone are responsible for replacing your home and your possessions after a loss of any kind. When you’re just talking about buying another television that’s probably not that big a deal (you wanted to upgrade anyway) but if you’re talking about replacing everything you own, ripping out walls and fixing your foundations after your pipes burst or rebuilding your entire house after it’s been steam rolled by a freight train (literally) the numbers start to climb.

Do you have $300,000 or more lying around in a savings account somewhere waiting to pick up the tab of that nebulous “someday” comes knocking on your door? Probably not-and chances are that if you did you’ve have better things to do with it than spend it on rebuilding a house you could have protected for less than $2,000 a year. You’re going to have to find a way to make that money appear, however, if something happens to your home and you’re forced to make a fresh start.

With hundreds of local and national homeowners insurance carriers offering high quality homeowners insurance coverage at reasonable prices there’s no reason to leave yourself wide open to the complete and total financial devastation that can accompany living without homeowners insurance. Pick up a phone and contact an agent today to take the first steps in protecting your home from “someday”.Anthony M. Peck is the Senior Developer, Software Project Manager, and Director of Business Development for QuoteScout.com. For more information about living without homeowners insurance, visit them on the web at http://www.QuoteScout.com.