Renters Insurance does not need to be expensive and this is the short guide on how to get it as cheap as possible.
First of all make sure you are a renter. By that I mean you are a tenant in a property you rent from a landlord. In most cases you will only need insurance for your own contents as the landlord is liable to insure the building as he owns it.
You need to decide how much the contents you own are worth to replace and total that up. If there is anything of significant value then you will want to list that as a named item with a cost beside it so that it can be entered on the policy schedule. Generally anything over £500-£1000 can be determined as valuable single items and you should list them all.
Cycles, freezer contents, cash, computers, mobile phones and jewellery can and should all be specified as valuable items. Itís worth putting together a list with photos and any receipt details you can to back up any future claims you might have. You also need to decide on your excess level which you will pay towards any claims made Ė the lower the better when it comes to contents insurance otherwise you might never use it. You also need to decide if you want accidental cover and cover when the item is outside the property.
Now go to Google and do a search for tenants insurance. Select a provider and then go through their online quote form and get a price Ė but donít buy. You need to compare the price and policy coverage first.
Then go to The Property Insurer which is a specialist for landlord and tenant insurance. Click on the home page button for Renters Insurance and then follow the procedure to get a quote. Make sure youíve got all the same schedules and excess and you will now have a comparative price from one of the best providers in the UK.
Now you can choose the cheap Renters Insurance after comparing the two prices and policies and know you have got the right cover at the best price possible.
The Property Insurer