Kelley, Jiggins & Associates Blog

All You Ever Wanted to Know About Insurance

Signing up for Renter’s Insurnace

When you head off to college there may be many expenses that you do not anticipate.  Doing some research ahead of time may help you minimize the number of unexpected expenses that you incur after reaching your college destination.

While renting an apartment you may want to consider renter’s insurance.  There are a lot of people that do not realize that renter’s insurance is an option and, in most cases, highly recommended for those that are renting throughout their college years.

When you decide to get renter’s insurance you will…

  1. Choose your amount of coverage
  2. Choose your deductible
  3. Be required to pay a premium

Doing this may require some professional help. If you feel that you are in over your head while you are working to get renter’s insurance, talk with someone that is experienced in insurance and can help you successfully figure out your plan.

This way if anything should happen to your possessions while they are in your apartment you will be able to have them replaced.  Some policies are actual cash value policies.  This means that the insurance agency will give you the cash value of whatever you file a claim for.

While you are determining the amount of coverage that you are looking for, be sure that you account for the value of all of your possessions that you wish to ensure. Valuable items like your computer, your bike or even your books may all be included in your renter’s insurance policy.