Renters insurance

nda_roxybabe

How much is yours (if you dont mind sharing)?
Who is it through?

My apartment complex called to remind me they need the info and uh, I kind of don't have any. I can't even afford to get it until I get paid again but I want to get the quotes and have it set up to go.....

pirategal03

Ours is through State Farm.  It's about $100/year or something like that.

ETA: we also have 2 cars and my ring insured through State Farm, so I'm sure we get some sort of multi-policy discount.

missy68

Mine was through State Farm, because my auto insurance was through them. Can't remember how much it was for, though. I dropped it when I moved in with J, because I was covered under his homeowner's policy.

jennylove810

It is dirt cheap.  We pay like $12/month and that's for something like $20k of protection.

stephl3055

Mine was $8 a month when I had it.  I think it covered up to $10,000.  Also, it's much cheaper if you get it through the same company as your car. 

dazed2confused

mine is 115. 

it cover 100,000 of personal liability, and i think 35000 of my personal property.

I know state farm you can get a quote online

staceytaylor0704

I have USAA and they are great. I didn't have to pay anything up front.. but I also have my jewelry and auto policies through them.

I pay $322/ year for 15k personal belongings, 100k personal liability and 5k med. payments.
I don't know if thats good or not. lol

scoetto

We have it through Progressive. It's dirt cheap. You can do monthly payments or pay off a full year at a time.

carethb

I think ours is about $360 a year, which is about $30 a month. I'm not sure which company it's through, but I could look at the policy when I get home and let you know. I think we've got $50,000-$70,000 in coverage.

[Deleted User]

OK that settles it. I'm calling my car insurance place and getting renters insurance. I had no idea it was so cheap. We don't have a lot of money, but I can cover 12 or 20 a month.

Question for married ladies, did you get a discount on your insurance (auto or otherwise) when you got married? Just wondering if that's ever a possibility.

nda_roxybabe

Thanks girls! I'm doing quotes online right now, State farm is only $12.50 a month which is good.

laurenclaire1386

Ours is through Progressive and I think it's about $200/year? I'm not exactly sure, that's one of the bills FI always takes care of. It covers $5000 in stolen/damaged goods though. That should take care of the big stuff, like our laptops and TV.

staceytaylor0704

Am I being taken to the cleaners? What the crap. Mine is expensive compared to ya'als! I'm calling USAA.

megk8oz

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_renters-insurance?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:cfe1990a-3192-4937-b2cd-c50ad2f401f7Post:9c0259b6-45da-4069-aa32-bd49a014de34">Re: Renters insurance</a>:
[QUOTE]OK that settles it. I'm calling my car insurance place and getting renters insurance. I had no idea it was so cheap. We don't have a lot of money, but I can cover 12 or 20 a month. Question for married ladies, did you get a discount on your insurance (auto or otherwise) when you got married? Just wondering if that's ever a possibility.
Posted by Seshat411[/QUOTE]

Our car insurance got considerably cheaper when we got married. Prior to the wedding, DH had crappy coverage through Geico (No comp or collision, very low coverage limits), and I had pretty good coverage through All State (I had comp and collision and pretty high limits). I was paying about $1400, he was paying around $1600 for the year (Got to love those Jersey rates <img src="http://cdn.cl9.vanillaforums.com/downloaded/ver1.0/content/scripts/tinymce/plugins/emotions/images/smiley-undecided.gif" border="0" alt="Undecided" title="Undecided" />). He also has 2 tickets and an accident that should be dropping off in another year or so, my record is spotless.

After the wedding, I got us quotes through a few different companies, and Progressive was able to get us great coverage for $2200 for the year.

*BeachBride0410*

Ours is through AAA, which I have car insurance through.  We pay $20/month for a 20K, which has my rings & other items.  I had to provide the insurance with a certificate with the cost of how much my rings appraise for. 

katiewhompus

I got mine through Horace Mann which is a teacher specific insurance program. It was about $180 per year and covered up to $20,000 in belongings. Definitely worth it in case something happens.

Stacey, that seems kind of high to me. We're paying $750 a year for homeowners through USAA and it covers a hell of a lot more. We also have our auto and life through them though so I don't know if that keeps dropping it.

Who does everyone have life insurance through? The cheapest quote I can get for Scott (36, smoker) is through Metlife for $120/month for a 30 year term and that seems a bit steep. Whole goes into several hundred per month which we can't afford.

stephl3055

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_renters-insurance?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:cfe1990a-3192-4937-b2cd-c50ad2f401f7Post:3830c613-2018-4cd6-bd84-bc9078a49ed6">Re: Renters insurance</a>:
[QUOTE]Who does everyone have life insurance through?
Posted by katiewhompus[/QUOTE]

State Farm.  We have our house and car insurance through them as well.  DH has the highest rating out of the 4 types available and he is paying about $26 a month.  It's for 30 years and DH is 28.

ETA:  I just looked at a quote we were sent, and the smoker rating for 30 years is $56 a month (lowest rating out of the 4 types).  So it seems like yours is a bit high.  I'm assuming he isn't insured for a huge amount?  Like over 500k?

megk8oz

Oh, and I'm not much help on the renter's insurance. I work for an insurance company, but most of the "tenant/renters" policies my agency writes are for within 5 miles of tidal water, and have to be written through a surplus lines carrier (Which means the company gets to set their own rates without the state regulating it) so the average is around $300-600 for the year, pretty much no matter what amount of coverage you select for your contents.

katiewhompus

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_renters-insurance?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:cfe1990a-3192-4937-b2cd-c50ad2f401f7Post:d073d887-eda7-4187-8bc7-ae39550892b7">Re: Renters insurance</a>:
[QUOTE]In Response to Re: Renters insurance : State Farm.  We have our house and car insurance through them as well.  DH has the highest rating out of the 4 types available and he is paying about $26 a month.  It's for 30 years and DH is 28. ETA:  I just looked at a quote we were sent, and the smoker rating for 30 years is $56 a month (lowest rating out of the 4 types).  So it seems like yours is a bit high.  I'm assuming he isn't insured for a huge amount?  Like over 500k?
Posted by steph13055[/QUOTE]

We'll have to look through State Farm beacuse that sounds great. We just need enough for the house and like, a years wages. So maybe $300,000 at the most

Seshat, Scott's auto insurance dropped a lot after we got married, so did his motorcycle insurance. It dropped even more when we moved out of DC.

staceytaylor0704

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_renters-insurance?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:cfe1990a-3192-4937-b2cd-c50ad2f401f7Post:a1ae4389-5984-4801-87b7-34f267253be0">Re: Renters insurance</a>:
[QUOTE]Oh, and I'm not much help on the renter's insurance. I work for an insurance company, but most of the "tenant/renters" policies my agency writes are for within 5 miles of tidal water, and have to be written through a surplus lines carrier (Which means the company gets to set their own rates without the state regulating it) so the average is around $300-600 for the year, pretty much no matter what amount of coverage you select for your contents.
Posted by megk8oz[/QUOTE]

Do you think the fact that I live pretty close to the bay would affect mine? (Its over 500 before my discounts- 322 after)
I'm starting to think that has to be the problem.

FutureMrsFraser

Ours is thru State Farm, it's $100/year. We also have our cars and my ring insured thru them as well so we got a discount.

We have additional coverage because FI is a mechanic and has alot of tools in our garage that were pretty costly, so ours covers up to $35/k.

FutureMrsFraser

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_renters-insurance?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:cfe1990a-3192-4937-b2cd-c50ad2f401f7Post:3830c613-2018-4cd6-bd84-bc9078a49ed6">Re: Renters insurance</a>:
[QUOTE] Who does everyone have life insurance through? Posted by katiewhompus[/QUOTE]

I have a few policies, most are thru the state (I'm a state employee) so I don't pay for them,  but I also have metlife, mine is only $12/month though for 150k in coverage. I'm also a non-smoker, and 24 years old, I got the policy when I was 21 and my rate really hasn't gone up. I'm not sure if that has anything to do with it.

megk8oz

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_renters-insurance?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:cfe1990a-3192-4937-b2cd-c50ad2f401f7Post:0531de8b-e6e2-4077-b854-8c0e494cffeb">Re: Renters insurance</a>:
[QUOTE]In Response to Re: Renters insurance : Do you think the fact that I live pretty close to the bay would affect mine? (Its over 500 before my discounts- 322 after) I'm starting to think that has to be the problem.
Posted by staceytaylor0704[/QUOTE]

Living on the coast, the way I've seen it is, the closer you are to water, the more you pay for it-tidal or not. Pretty much after Hurricane Katrina, most mainstream carriers wanted nothing to do with anything that could be considered a potential "flood zone", so they pulled out of coastal areas completely or made the rates insanely high.

So a lot of theses "surplus lines" carriers stepped in. Their rates aren't regulated by the state, but by basically whomever owns the company. So it tends to be a lot more expensive, and since mainstream carriers don't want to write the risks, it's not very competitive.

[Deleted User]

Thanks Katie and Meg, I thought the insurance guy said something about a discount when I signed up but couldn't remember. I don't know if H and I can get a plan together, since he uses his truck pretty much for work only and therefore can write off part of his insurance, so that would be a tax nightmare. But if I can lower mine, hell yeah.

katiewhompus

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_renters-insurance?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:cfe1990a-3192-4937-b2cd-c50ad2f401f7Post:c593e908-c18e-4a56-b1c5-e49cae1e4e88">Re: Renters insurance</a>:
[QUOTE]In Response to Re: Renters insurance : I have a few policies, most are thru the state (I'm a state employee) so I don't pay for them,  but I also have metlife, mine is only $12/month though for 150k in coverage. I'm also a non-smoker, and 24 years old, I got the policy when I was 21 and my rate really hasn't gone up. I'm not sure if that has anything to do with it.
Posted by FutureMrsFraser[/QUOTE]

From what I've seen age is key. At 26 I can get a whole life policy for $200k for only $60 a month, but at 36 it's more of a risk for insurance companies that something will happen within 30 years.

It would make sense for the water to raise the rates, it would cause more risk of flooding or damage.

andyandhillary

I think I pay $12/month.  It's so cheap I don't really even notice.  I have it through AAA along with my car insurance.  My car insurance was cheaper with Andy because he's a grad student and we got a discount.  Yay!

I have life insurance through my job and it's from Unum.

apricot239

My 2 bedroom apartment is 19 dollars a month through State Farm

SarahM2012

For renters insurance it's through All State and its like 90 a year and I get a discount because I also have auto through them.

Life insurance I use Hartford through my work.

COkristi

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/wedding-boards_snarky-brides_renters-insurance?plckFindPostKey=Cat:Wedding BoardsForum:17Discussion:cfe1990a-3192-4937-b2cd-c50ad2f401f7Post:96215a1a-b5c7-4b67-9066-b9d312cdd259">Re: Renters insurance</a>:
[QUOTE]<strong>Ours is through Progressive and I think it's about $200/year?</strong> I'm not exactly sure, that's one of the bills FI always takes care of. It covers $5000 in stolen/damaged goods though. That should take care of the big stuff, like our laptops and TV.
Posted by laurenclaire1386[/QUOTE]

This is us too.

missy68

Seshat, J had a multi-line discount already - 2 cars, 2 motorcycles, 1 dirt bike, plus the house; when I moved in, they (his agent) gave me a multi-line discount too on just my car. We wouldn't have saved really anything to merge our policies (except one of the $1 fees for auto withdrawal, and would've had to figure out when to get the $$ into our joint account because our payments right now are different  times.

But, if you DONT already get a multi-line discount, yes you should get one under one policy.

I've been with State Farm for - almost 20 years. J's been with them for at least 10, because of the house, but he wanted coverage on the dirt bike, and they were the only ones who offered it, at least at the time.

TurtlesAllTheWayDown

Ours is through AAA, since FI has them for... the car stuff.

It's like $250 a year, but we have an earthquake rider which adds another $200+ to it. Necessary, though. I think that's for, like, $50,000 in protection, too.

Edit: This is for a 2+ apartment, built in the 1920s, 1400 square feet, I think.

I need to remind FI to pay it this week, actually.

CA won't let unmarried couples share car insurance, so we're changing over in December when our current policies expire. I know having multiple cars and drivers on the same policy saves money over separate policies for each one, for sure.