Get Pennsylvania renters insurance quotes, cost & coverage fast. Renters insurance protects your PA belongings and can help replace your damaged or stolen property.
PA Renters Insurance
There is a widespread misconception that the landlord has some responsibility for a tenant's personal property. This is simply not true. This is one of the main reasons you should consider buying Pennsylvania renters insurance.
Tenant insurance covers what your landlord's insurance doesn't. It covers the replacement of your belongings and it can also provide: additional living expenses if you have to leave your PA apartment due to an a fire or other damage and personal liability should you accidentally damage a another tenants property. It can also cover liability if someone is injured inside your apartment. We will go into more depth on Pennsylvania renters insurance coverage below.
What Does Pennsylvania Renters Insurance Cover?
Renters insurance can help pay for large and unexpected expenses from situations that life can throw at you, from no fault of your own. The three main areas are personal property, liability and additional living expenses.
Personal Property: Personal property coverage, a typical part of PA renters insurance, can help cover the cost of replacing your belongings if it's stolen, damaged or ruined. Renters insurance may cover losses caused by:
- Weather: Fire, wind, hail, lightning, freezing, weight of ice, snow, storms or sleet.
- Other Than Weather: Theft, vandalism, vehicles and others.
For example, if your computer and flat screen TV are stolen, or your furniture or children's toys are destroyed by fire, personal property coverage can help you pay for the cost of replacing them.
Keep in mind that personal property coverage does not protect all of your belongings. Certain types of stuff like jewelry, furs, guns or a stamp collection, have limits under a regular Pennsylvania renters policy.
Liability: Liability is another coverage typical to most Pennsylvania renters insurance policies. This coverage can protect you from having to pay out of pocket for certain costs if you are found legally liable for injuries to other people or damage to their property. You probably don't expect an accident to occur at your place, but if, for instance, a guest trips and falls over a cord in your home, or your dog bites the mailman, liability coverage can cover the medical and legal costs - which can be huge.
Additional Living Expenses: If your apartment was destroyed by fire caused from another tenant, where would you live? How would you pay for it? This is where tenants insurance can help. Renters insurance typically includes coverage for additional living expenses- defined as 'expenses that exceed your normal expenses prior to the loss'. This coverage can pay for additional costs like hotel bills and food.
What PA Renters Insurance Doesn't Cover
Renters insurance typically does not cover:
- Intentional damage to property (like arson) or harm to another person (like punching your neighbor in the face because they won't turn down their music).
- Business activities or professional services offered in your place (you will need commercial insurance for those situations).
How Much Does Pennsylvania Renters Insurance Cost?
How much does Pennsylvania renters insurance cost? The average price of renters insurance is usually very affordable. The premiums vary depending on the company and their underwriting rules, and it depends on the coverages and deductible selected. Following are some of the main factors that go into the price of a policy:
- Location - The more dangerous your location is, for both natural and human risks, the higher premiums you will pay as there is a higher probability for claims.
- Building Size - The larger the building you rent in and the more units in that building, the lower your premium cost will be.
- Credit - The better credit you have, the lower your rates. Most insurers look at credit and weight it heavily.
- Deductible - The deductible is your out of pocket cost before your policy kick in. Lower deductible = higher premium, and higher deductible = lower premium.
- Your Belongings - The more of your things you insure the higher your premium will be.
- Security Precautions - Having a security system, or a deadbolt lock can lower your premiums.
- Fire Protection - If the place you're renting has smoke detectors and overhead sprinklers you will pay less for your renters insurance.
PA Renters Insurance Quotes
Request a Pennsylvania Renters Insurance quote in Allentown, Allison Park, Altoona, Baldwin, Bensalem, Bethel Park, Bethlehem, Bloomsburg, Carlisle, Chambersburg, Chester, Drexel Hill, Easton, Erie, Fullerton, Greensburg, Hanover, Harrisburg, Hazleton, Hermitage, Hershey, Horsham, Indiana, Johnstown, King of Prussia, Lancaster, Lansdale, Lebanon, Levittown, McKeesport, Monroeville, Murrysville, New Castle, Norristown, Philadelphia, Phoenixville, Pittsburgh, Pottstown, Pottsville, Reading, Scranton, State College, Upper Darby, West Chester, West Mifflin, Wilkes-Barre, Wilkinsburg, Williamsport, Willow Grove, York and all other cities in PA.
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