Posts Tagged ‘ renters insurance ’

Renters Insurance Questions: How Do I Rent My Home Out?

Friday, February 8th, 2019
Renters Insurance Questions: How Do I Rent My Home Out?

So if you own a home and are considering renting it out even for a short while, you may have some questions relating to renters insurance.

Whenever you enter into a lease agreement on a rental property, there is a list of conditions you must fulfill and avoid any violations of that agreement. So if you own a home and are considering renting it out even for a short while, you may have some questions relating to renters insurance. One of those questions is how you should go about it in the first place. (more…)

Why You Need Insurance for Your Apartment

Wednesday, June 20th, 2018
Why You Need Insurance for Your Apartment

Renters insurance is the coverage you need if you are living in an apartment.

There is a special type of insurance meant for apartments. Renters insurance is the coverage you need if you are living in an apartment. Occasionally, you will need this protection if you are renting a townhouse, too. Whether you are in a rented apartment or a townhouse, chances are you can find both of these residences in the same development or complex. (more…)

4 Advantages of Renting for First-Time Renters

Tuesday, May 22nd, 2018
4 Advantages of Renting for First-Time Renters

Renting can benefit you, but how? Here are some advantages of renting for you to consider.

Everyone reaches a life milestone at a different pace, whether that accomplishment is graduating from college, getting a car loan, or purchasing their first home. While your friends from school are proud homeowners, you might not be there yet. Renting can benefit you, but how? Here are some advantages of renting for you to consider. (more…)

Renters Insurance: Advice for Renters

Wednesday, March 21st, 2018
Renters Insurance: Advice for Renters

Whether you are moving into your first apartment or not, you should consider the merits of renters insurance.

Whether you are moving into your first apartment or not, you should consider the merits of renters insurance. Then, when it’s time to trade up and move out, you can understand how valuable it can be even if your second rental is a small townhouse instead of an apartment. No matter where you call home, having the right insurance can make a big difference. Let’s find out how. (more…)

Home Insurance Tips for Living On Your Own

Wednesday, October 18th, 2017
Home Insurance Tips for Living On Your Own

Have you recently started living on your own? Whatever the reason, don’t forget about home insurance!

Have you recently started living on your own? Whatever the circumstances around your change in living arrangements are, you should always consider the merits of home insurance, or in some cases, renters insurance. Even if you don’t have anyone else sharing your life or living space, that doesn’t mean you don’t need life insurance, either. So if you’re alone, follow some of these helpful tips! (more…)

4 Exceptions to Renters Insurance Coverage

Thursday, August 24th, 2017
renters insurance

Purchasing renters insurance is one of the best decisions you will ever make, especially if you live in an apartment complex.

Purchasing renters insurance is one of the best decisions you will ever make, especially if you live in an apartment complex. Some apartment management companies even require that you subscribe to a renters insurance policy when you sign your lease with them. So what are some exceptions to your renters insurance coverage? (more…)

6 Things to Consider When Buying Renters Insurance

Friday, January 27th, 2017
renters insurance

Make sure your apartment is protected.

Especially in the Maryland, DC, and Virginia area, renters insurance isn’t optional for those living in apartments and leased homes. Purchasing renters insurance is a big decision and you need to choose a policy that will cover all of the things inside of your home. Here are some simple tips to consider while purchasing renters insurance for your rental. (more…)

Insurance Tips for Prospective Landlords

Tuesday, July 22nd, 2014

landlord insuranceSo you’re considering becoming a landlord. It’s important to remember first and foremost that being a landlord is a big responsibility and a lot of work. It can also be very rewarding and help you to pay off your mortgage. The important thing to remember is that your tenants are people who make mistakes and have lives and needs just like you do. You need to make sure that you mesh well with your renters and that you both understand all of the caveats that come with renting a home/condo/apartment. You’ll also need to make sure that both you and your tenant are properly insured in case of an accident, disaster, or destruction of property. Some of the following tips will help you and your tenants become more insurance savvy!

What Insurance Will Protect Landlords and Renters?

  • Landlord Requirements – Having home insurance is absolutely necessary as a landlord in case anything happens that is beyond your control.  We suggest that landlords carry “building, income protection, and general liability” insurance as well as other optional choices.
  • Renter Requirements – Surprisingly, there is no requirement for renters to have insurance. You’ll find that most leasing offices and landlords do require renter’s insurance, though. It’s generally inexpensive and can help protect both you and the renter. Most tenants will purchase insurance that covers all of their assets that they keep in the apartment in case of fire, flood, or other natural disasters. Having this type of insurance prevents headaches down the road for you and your tenants.

Make sure that you talk to your insurance agent before making any decisions. It’s important to remember that being a landlord is a big responsibility. It helps to sit down and have a thorough discussion about insurance as well as any other issues that are important to you before your new tenants sign a lease or move in. Get everything down on paper and make sure that you and your new tenants have open lines of communication.

Home Owner’s Insurance from Wachter Insurance

At Wachter Insurance Agency, we take the time to get to know you and find out more about what kind of coverage you need. We’re local to the Frederick area and can better understand your situation and needs.  We are a family owned and operated facility, right down to the 3rd generation. We’re an independent agency representing the ERIE Insurance Group, Progressive, AIC – Agency Insurance Co., Foremost, Chesapeake Employers Insurance, and Wright Flood. Our offerings include auto, home, motorcycle, boat, flood, business and life insurance coverage. If you have any questions about homeowner’s insurance or business insurance, or if you’d simply like to talk to a representative, please feel free to contact us at 301.371.6335.

Source: ErieSense