More and more people at various stages of their lives are choosing to rent rather than buy their homes. The reasons are many and range from recent graduates not having a downpayment or the earning power to purchase a home as yet, to those whose jobs are transferred every couple of years, and increasingly, empty nesters who want to travel and not be tied down as well as a host of other valid scenarios. Whatever the reason to rent your residence, do not be foolish and overlook or underplay the importance of having renters insurance. New York and the surrounding region is a magnet for those from many walks of life who are looking to settle in one of the world’s most exciting locales. Once you find the ideal apartment, starter home, or vacation rental, be sure to contact Grillo & Associates to discuss rental insurance for your Long Island, New Jersey, Connecticut, New York, or any one of the other states our agency is licensed to serve.
Statistics show that only about 40% of tenants carry renters insurance. Why do you need renters insurance? What do you need to protect? What can you afford to lose? The fact is, many tenants overlook this all-important coverage. Do not wait until a plumbing leak in the upstairs unit destroys your living room furnishings, or a break-in leaves you without the technology you require to perform your job as a remote worker. You may not think these issues can occur to you, but every year, 97% of the insurance claims that are filed are for property damage or losses. There is another consideration most tenants do not consider: a personal liability claim against them should a worker, visitor, or guest be injured while at their premises. Avoid becoming a statistic and contact our team to discuss an affordable option for your needs. Here is what you can expect from a renters insurance policy in the New York area:
Our goal is to assist you to find the right renters insurance for Long Islanders and renters insurance for New Yorkers policy so that in the event of a burglary, or damage to your possessions caused by a fire, or flood, you are fully protected. This means you can replace any lost assets or have damaged items repaired, so your lives can return to normalcy as soon as possible.
What are some situations where you should consider renters insurance for Long Islanders and renters insurance for New Yorkers (as well as in the other 18 states we serve)? To begin, whenever you sign a lease. Or move into a college dorm or off-campus. Do not forget about that lakeside vacation rental property where you’ll have family and friends over for parties all summer or the ski chalet with fireplace where everyone will unwind after a day on the slopes. Typically, renters insurance will cover damage to or theft of personal property, as well as personal liability damages. Especially important for those renting a vacation home, it provides emergency medical expenses for guests and even additional living expenses if you need to temporarily relocate due to fire and/or flooding.
We want you to have all your bases covered. In fact, there are even more positive aspects to purchasing renters insurance. Did you know? When you insure your condo and automobile with the same company, you may be eligible for a discount. Especially if you own a vehicle and rent a condo, be sure to ask us about renters insurance for Long Island residents and renters insurance for New Yorkers today. For complete coverage and added peace of mind, you’ll want to contact our team as soon as possible.
At the Grillo & Associates insurance agency, our professionals are licensed to write New York Umbrella Insurance as well as in Arizona, California, Connecticut, Delaware, Illinois, Maine, Maryland, Nevada, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Virginia. If you reside in any of these states, we recommend that you contact our team to learn more about the benefit of having renters insurance today!
