So after working through medical insurance stuff, we’ve also acquired renter’s insurance. Now all our bases are covered. (Yes, we already have car insurance, since we’re not totally impoverished, or insane, or criminals.)
Do we need renter’s insurance? I think so. Mostly because paying $109.29 annually is a lot cheaper than replacing all our necessary items if the building burns down. We don’t need everything we have, but I’d sure like to be able to replace the bed, laptops, and a portion of my wardrobe. It might be a plus to have desks, our table/chair set, dressers, a sewing machine, and some of Micah’s philosophy-related books.
And while the couches, entertainment center, tv, bookcases, and table/chair set were free, I don’t know if we’d have generous friends at the right place and the right time again.
How did I get the $109 deal? I called the agent (All State, in case you’re interested, not paid by them but they were the best quote I got online). We were quite happy with the $150 quote I came up with online (also cheaper than replacing all our stuff). Apparently, though, they could offer lower for the same coverage in person. I’m so glad the transaction didn’t go through online and I had to call!!!
We also classified our stuff as “economy.” If you have higher-priced furniture, it’ll cost you more. But then, you’ll need more than $25,000 to replace it.
I hope I won’t ever have to replace my beloved teddy bears, my pillow, my sweaters. But now we can.
Here’s some thoughts on renter’s insurance from around the blogosphere:
Kacie at Sense to Save is actually the one who got me thinking about it. Once again, she had a near miss with needing to use her renter’s insurance. I was feeling relief over my health insurance choices when I stumbled across her post and it got me thinking. And here’s the last time she was happy about about being insured (theirs cost about the same).
Renter’s insurance tip: Your personal coverage–something like $100,000 covers lawsuits for when you break a pipe and flood the apartment below. Or break your neighbor’s Ming vase.
Mapgirl tells the stories of two people she knew who did and didn’t have insurance. Both suffered fire losses through no fault of their own. Guess who made out better?
So now I’ll join the voices encouraging you to get renter’s insurance. It may not be the end of the world if you don’t, but do you want to start over from scratch? And more importantly–you may be very responsible, but other circumstances may make it necessary (neighboring apartments, complete accidents, wildfires, etc…).
If nothing else, call for a quote–it’s free and you can find out if renter’s insurance is affordable for you. It probably will be.
So now we have medical insurance, renter’s insurance, car insurance (not new), and I changed my driver’s license a week ago. I’m now officially Firstname MaidenName MicahsName and I officially live here! That’s a lot of accomplishments.