Renters/Tenants
Renters/
Tenants
Comprehensive, All-Risk Protection
Whenever You're Renting a Property from Others.
Comprehensive, All-Risk Renters & Tenants Insurance Solutions to minimize un-welcomed circumstances.
Renters & Tenants Insurance
When you’re renting any type of residential property, don’t be fooled. Many carriers wrongly promote solely on price without ever conveying the coverage limitations/exclusions, that come along with it. In other words, and as we advise our clients at JMP Insurance Brokers:
-
Caveat Emptor: "Let the Buyer Beware" of misleading advertising that is usually 'Too Good to be True'..
-
And, like most everything else, 'You Truly Do Get What You Pay For'.
At JMP Insurance Brokers, we will ensure not only that you understand what you’re purchasing and why it’s important, but also that you’re properly protected through an All-Risk Tenants Policy – the broadest form of coverage available in the United States – at a competitive premium based specifically on your coverage needs and circumstances.
When you’re insured under an All-Risk Renters Policy:
-
Your Personal Contents will be covered with full Replacement Cost (RC) coverage at the time of the loss without depreciation.
-
Can include off-premises protection if you're belongings are ever stolen from you. .
-
Additionally, the Liability portion of the policy can protect you worldwide if you're ever sued personally for covered Property Damage, Bodily Injury & Personal Injury (libel, slander, defamation, etc.) claims -- all typically with a separate limit for defense costs (which won't be billed back to you) and no deductible for covered claims. .
-
You can be confident you're in compliance with the terms of your lease -- since All-Risk coverage is the type of Renters policy most landlords prefer or require when renting to tenants.
IMPORTANT CONSIDERATIONS:
-
If you're renting with roommates, each unrelated tenant must have their own Renters policy to be covered under both the terms of the policy and the lease agreement.
-
As the Broadest Form of Renters coverage available in the USA, All-Risk Tenants Policies include full coverage for water damage up to the limits listed - by far the #1 cause of loss in the USA. .
-
If you don't purchase an All-Risk policy, you won't have full coverage against most forms of water damage to your Personal Belongings.
.
-
Full Water Damage coverage is in addition to many of the perils you'd expect to be included in an All-Risk policy: fire, explosion, vandalism, falling objects, wind-driven rain, theft, etc.
Put JMP Insurance Brokers Expertise to Work for You.
Request a Renters/Tenants Quote for the Most Important Coverage Needs. Yours.
REQUEST QUOTE
- For our Landlord clients, JMP Insurance Brokers provides Best Practices and Actionable Insights When Renting Properties to Others.
