Your partner in protecting your business
Most Americans understand the need for health insurance and car insurance and consider these protections as absolutely necessary.
However there is much confusion about renter’s insurance. As a tenant one may assume they are protected under the landlord’s policy, or, that renter’s insurance is simply too expensive. Both of these assumptions are incorrect.
A typical renter’s insurance premium in Massachusetts for one year is in the $300 - $400 range. That’s only about $30 a month. On the higher side, if you wanted to insure $100,000 worth of contents, the premium might be in the $600/year range – still very affordable. Secondly, although it’s likely that your landlord will have insurance, it only covers the building and the landlord’s personal liability. As a renter, you have no liability protection and you have no protection for your belongings.
Here are some tips to get an idea of what a policy will entail for you:
Here's a great video from III (The Insurance Information Institute) that helps to explain it even better!
Elliot Whittier Insurance Services, LLC is a local Trusted Choice® agency that represents multiple insurance companies, so it offers you a variety of personal and business coverage choices and can customize an insurance plan to meet your specialized needs. You can visit Elliot Whittier online at www.ElliotWhittier.com, email firstname.lastname@example.org, or call 617-846-5000 and ask for Chris Millerick.