For competitive rates on renters insurance, Equity Insurance Agency is your solution.
If you’re renting your home, your landlord’s insurance covers your property too, right? Wrong. For anyone renting property, renters insurance must be purchased if you want your personal possessions to be protected. Even if your landlord or property manager has insurance for your home, that does not mean your assets are covered. Your landlord’s policy covers the property as a whole, but your belongings remain your responsibility. Some landlords will actually require you to carry renters insurance if you are living on their property.
When you rent your home, whether it is an apartment, house, condo, or duplex, you can protect your assets with renters insurance. Renters can rely on a renter insurance policy from Equity Insurance Agency to protect you in unfortunate situations such as: fire, theft, water damage, and other circumstances beyond your control. Our agents will help you determine how extensive your renters insurance policy should be.
Renters insurance generally covers:
- Personal Property – like your furniture, electronics, and clothing.
- Personal Liability – in the event that someone is injured.
- Damage to Your Apartment – if the damage is caused by a covered loss.
You never know when disaster may strike. A burglar breaks into your apartment or your neighbor’s pipes burst, costing you thousands of dollars. You know these stories all too well. Renters insurance is very similar to homeowners insurance; it is simply focused on people who rent their home instead of own it. A renter insurance policy can help you replace valuables that have been lost, stolen or damaged. Also, if you are forced out of your rental after a disaster, additional living expenses you may incur- like hotel bills, temporary rentals, and restaurant meals – are covered by renters insurance. You can count on Equity Insurance Agency for renters insurance solutions.
Renters insurance also provides coverage for those who may be injured at your home, or elsewhere, by you, a pet, or a family member. In the event of a law suit, a renters policy will also cover your legal defense fees if you end up in court.
No matter where you rent, renters insurance is a vital component to your financial security. There are many options to consider when selecting renters insurance. Contact Equity Insurance Agency today for more information and a free quote!
If you’re a condo owner you need condo insurance. Chicago condominium owners alike can count on Equity Insurance Agency for solid coverage.
If you own a townhome or condo, you have different insurance needs than the typical homeowner. Not only do you own your individual condo, you also share ownership in the common areas and overall structure of your building. If shared areas need upkeep and maintenance, your association will typically handle the expense through their commercial insurance package. While your association dues help pay for upkeep of the common areas, they do not typically cover your personal property within your own unit, or your liability if someone is injured on your property. This is why you need condo insurance. Chicago condominium owners alike need condo insurance to help alleviate the burdens involved with a condo residency.
Condominium insurance provides protection where condo associations do not. Condo and townhome coverage protects your possessions within your unit, including furniture, appliances, kitchen and bath facilities and your personal items. If you plan on upgrading your unit, any improvements you make will also be covered under your policy, including wall units, renovations, wallpaper.
If you would like to feel more secure, you should look into purchasing a condo or townhome insurance plan from Equity Insurance Agency. Give us a call or fill out the form on this page to learn more about condo insurance in Chicago and Illinois.