Are you renting a room in your friend’s house? If so, have you considered whether or not renters insurance is necessary? Renters insurance provides financial protection should something happen to the items in your rented space. Let’s explain why any renter needs to consider renters insurance, even renting from a friend or family member. 

What Does Renters Insurance Cover? 

Renters insurance helps cover the cost of lost, stolen, or damaged property located within your rental agreement’s premises. This coverage can include furniture, electronics, clothing, and more.

Most policies also provide coverage for liability claims made against you. For example, if someone were injured while on the premises of your rental agreement and decided to sue you for damages, renters insurance would help cover those costs.

Additionally, many policies offer additional living expenses coverage, which helps cover the cost associated with a temporary relocation should an accident make your apartment uninhabitable. All Nations Insurance can help you find the right policy for your needs.

Do I Still Need Renters Insurance if I’m Renting From A Friend? 

Yes! Even if you are renting from a friend or family member in Renton, WA having renters’ insurance will provide financial protection should something happen to your belongings. Although your landlord may have their own homeowner’s insurance policy, it likely does not extend coverage to any of your possessions – that’s where renters’ insurance comes in!

Renting a room from a friend is an excellent way to save money and still enjoy home comforts. However, every renter must consider getting their own individual renters’ policy to be financially protected if disaster strikes.

Reach Out To Us

For more information about how All Nations Insurance can protect you and your belongings while living in Renton, WA contact our team today!

We look forward to hearing from you soon!

When filing a claim with your renters insurance company, it is important to stay organized and collect any necessary documentation. It is also important to be honest, as it can be very difficult to get your renters claims approved if the company finds unverified details.  If you’re a resident at Renton, WA and its environs, consult All Nations Insurance for professional advice. 

How Do I File a Claim With My Renters Insurance Company? 

You will need to contact your insurance provider and file a claim. The process will depend on your policy and insurer, but you can expect the following: 

• You must report the claim within a specified time period.
• You must provide documentation of the claim, such as receipts for repairs or photos of damaged property.

Renters Insurance Company and Claim Filing 

If you have lost valuable items and need to file a claim for replacement, you will need to provide an inventory of lost items. If your home was damaged and you need to file a claim for repairs, you will need to provide an estimate for the cost of repairing the home. 

You should have an adjuster come out to your property and inspect it for damages and causes. Documentations may include receipts for repairs or proof of value if the property was damaged. Most renters insurance claims are done online or over the phone, but there are some cases where you will need to submit a claim form. Make sure to keep track of all the documentation and keep it in a safe place if you have a claim to file. If you have a claim for stolen or damaged property, you will likely have to provide proof of ownership. 

Give Us A Call

When you have a claim, you will have to file a form with your insurance company. The form outlines what you need to have done to receive your claim. Most forms have a checklist of what’s needed to receive the money. Sign the form and notarize it. 

Once the claim is approved, you will then be issued a check. Most renters insurance claims are paid within 10 to 14 days. The amount of the claim will likely be less than what you actually spent on the damaged or stolen item. You can call All Nations Insurance in Renton, WA for expert consultation.