Renters insurance provides insurance coverage for people who rent their home. Like home insurance, renters insurance will pay to replace possessions lost due to a covered event. Renters insurance will also pay to cover additional living expenses when a covered event forces you from your home for a period of time. 

All-Star Insurance Brokers Inc., servicing Aurora, CO, provides renters insurance to customers in need. Like other customers, we encourage renters to review their insurance annually. Below are two important reasons to consider reviewing your renter’s insurance once per year. 

1. Reviewing Your Insurance Helps Ensure You Have Enough Coverage

Costs change over time. Inflation causes costs to rise, and that means that your renter’s insurance can pay to replace fewer items if a covered event occurs. Reviewing your insurance gives you an opportunity to decide whether your coverage is enough, and if it isn’t, you can talk to your insurance agent about increasing that coverage. 

2. You May Identify Ways to Save Money

During your annual review of your renter’s insurance, you may notice that you have coverage that you no longer need. In addition, your insurance agent may be able to shop around and find a lower-cost policy that offers the same level of coverage you require. 

The professionals at All-Star Insurance Brokers Inc., servicing Aurora, CO, work with a variety of carriers. We’re happy to check with our carriers to determine if you have the best policy for your needs. If we can find a better policy for you, we’d be happy to help you make the switch. 

Are you not sure when to review your policy? Now is a great time! For consistency, we recommend doing it at the same time each year. Call today to learn more. 

At All-Star Insurance Brokers Inc, we provide residents in and around the Aurora, CO region with all of the advice that they need when it comes to renter’s insurance. Thanks to this guide, students that are looking to find out everything that they need to know will be able to make a more informed decision.

Renters Insurance for Students In Colorado

While renters insurance is not a requirement for students in the Aurora, CO area, it can play a very crucial role. If damages or theft take place, the financial consequences can be devastating. By taking the time to obtain a helpful insurance policy, students are able to steer clear of these common pitfalls. These policies can also provide students with protection from personal liability due to any potential incidents that may take place in their homes.

Renters Insurance Is Not Required By Law?

Renters insurance is not a purchase that is required by law in the state of Colorado. On the other hand, a landlord or a property management company could require a student to obtain renters insurance before they are legally allowed to move in. These policies can come in handy if the student is required to live elsewhere during a repair or a rebuild. Belongings are also covered against the perils that are outlined in the policy.

Schedule A Consultation Today!

If you are a student who would like to learn more about the importance of renter’s insurance, please be sure to contact us at All-Star Insurance Brokers Inc., as we are happy to assist all clients in the Aurora, CO region. Those who have any further questions or concerns about their potential policy are more than welcome to voice them to our team of experienced professionals. Feel free to stop by for a hassle-free consultation today!

Most people prefer renting an apartment as it provides freedom to live anywhere in the state. For some, it’s to evade the responsibilities of owning a home, like pest control, yard work, maintenance, or trash removal. It, however, does not eliminate the need to buy insurance while renting an apartment. Your landlord’s insurance only insures the grounds and buildings against damage or loss. That’s why you should have renters’ insurance. 

Our experienced team at All-Star Insurance Brokers Inc. in Aurora, CO can help you navigate this vital coverage.

What does renters insurance cover?

Here are the key areas:

• Personal liability coverage: Accidents to others, causing bodily injuries or property damage, can happen within your apartment. For example, a visitor’s slip or fall may result in injuries requiring medical attention. Your liability coverage would pay for the resulting medical expenses or legal charges if you get sued.
• Personal belongings coverage: Your house is where most of your valuables are, for example, electronics, appliances, furniture, clothing, books, and much more. The coverage replaces your belongings in case of damage or loss due to a covered peril.
• Additional living expenses: Your renters insurance also covers additional living expenses. If your home, for example, gets damaged to an extent it becomes unlivable, this policy puts you in a temporary living place as repairs are ongoing. It may also pay for meals, laundry, pet boarding, and other expenses.

Get Renters Insurance Today

Most people underrate the importance of renters insurance because it does not cover the building. The fact that it protects your personal belongings and pays for the additional living expenses and lawsuits is reason enough to invest in renters insurance. Furthermore, renters insurance is affordable and gives you peace of mind. Ready to purchase renters insurance in Aurora, CO? Contact All-Star Insurance Brokers Inc. for an affordable quote.

Aurora, CO is a beautiful place to live — many residents rent homes here and love the experience of living in Colorado without being tied down to a mortgage. However, if you’re a renter — do you have renter’s insurance? 

Renters Insurance in Colorado

Renters insurance may not be required by law in Colorado, but All-Star Insurance Brokers Inc advises all tenants to purchase renters insurance for many reasons. 

In the event of a fire, natural disaster, or other severe weather scenario, renters insurance protects all your belongings in the home. Your personal property is your responsibility, not the landlord’s, so it’s important that you have an insurance policy on those items should anything happen to them. 

This can include any major appliances you’ve purchased since living in the home, clothing, jewelry, laptops, cameras, TVs, and anything else you own. Imagine a fire destroys everything in your current home and you don’t have an insurance policy protecting your items. What would the financial loss be? 

Don’t put yourself in a vulnerable situation as a renter in Aurora, CO. Maybe you are trying to save money for a down payment on your first home; if disaster strikes and you have to replace your belongings, without an insurance policy you’ll have to start over at zero. 

To avoid any potential financial hardships, invest in a renters insurance policy. You may never need it, but on the off-chance that you do, you will be very grateful that you covered all your bases. For a low cost, you can have total peace of mind as a renter. 

Those looking for an affordable renters insurance policy should contact All-Star Insurance Brokers Inc. Our experienced agents can provide you with all the information you need. 

At All-Star Insurance Brokers Inc in Aurora, CO, our agents understand the importance of renters insurance, but the question is, do you? While renters’ insurance is not required under Colorado’s laws, it may be required by your landlord or property management company, but even if it is not, having a policy in place is a great idea.

Renters’ Insurance Coverage

If the house, apartment, or other types of residence you rent happens to catch on fire, is vandalized, or is destroyed or damaged by a natural disaster, the structure itself will be covered under your landlord’s insurance. Still, it will not cover your personal property. This includes your clothing, appliances that you purchased, furniture, and other items that belong to you. In other words, you can lose everything you own and have to start over from scratch. A renters insurance policy will help you replace all of those items, so you do not have to shoulder the entire cost. Renters’ insurance will also cover any of your belongings that are stolen if your home is burglarized.

Get Your Policy Started

Renters’ insurance policies are very inexpensive, but the coverage you receive, not to mention the peace of mind, is important to your future and sanity. If a disaster occurs, you want to be prepared so that you can continue to move forward in your life.

To create the best insurance policy for you and your situation, you will want to enlist an experienced renters’ insurance agent’s assistance. At All-Star Insurance Brokers Inc in Aurora, CO, our agents are prepared to provide you with a quote and get your policy started today! Please call for an appointment.