Dennis Volz: Renters Insurance - The BIG POLICY in a small package (Part 2)

BACK TO PART 1

We've been discussing the many advantages of owning Renters Insurance.  Click BACK TO PART 1 if you missed the first part.

Remember we were talking about that LAWSUIT!?!?! Yes, it could happen to you and there’s ALSO coverage in your RENTERS INSURANCE for THAT !

For just pocket change a day, RENTERS INSURANCE can provide affordable basic protection for your personal property,
AND in case of a liability lawsuit.

Someone slips and falls in your place,
breaks their leg, or cuts their hand.   (bummer if it’s a Plastic Surgeon)
Your policy will pay whatever you’re legally liable to pay. (up to the limit of the policy, of course) That’s why at least a $300,000 limit is important there (more if you live in California). Many offices will let you walk away with the standard $100,000. For just an extra $2/month, you get TRIPLE the coverage. Almost a crime not to take that.

BUT WAIT ! ! ! ! THERE’S EVEN MORE ! ! !
Medical Payment also pays for…. YOU GOT IT…. It pays for MEDICAL EXPENSES up to the limits of the policy for people who are on your premises with your permission and accidentally injured. And ALSO for people injured by your activities. Coverage doesn’t pay for medical expenses for you or members of your family that live with you.
BUT WAIT ! ! ! ! THERE’S MORE!!!!!!
You also get what’s called LOSS OF USE or ADDITIONAL LIVING EXPENSES coverage. Whenever your place is rendered UNINHABITABLE because of a covered loss, we’ll pay the cost to put you up someplace else while your place is being repaired. I’ve actually written checks to people sitting outside their burned residence to pay for a hotel. VERY COOL!!!!
This pays up to 24 MONTHS ! ! Hopefully you won’t be out that long,
but it’s THERE IF YOU NEED IT ! ! ! !


BUT WAIT ! ! ! ! THERE’S SOME MORE!!!!!!! (see, I told you....)
You know how things just get more expensive every year. We’ll automatically increase the amount of your coverage every month FOR FREE until your next renewal to keep pace with inflation. When you renew your policy each year, it will be for the newer IMPROVED amount of coverage.


BUT WAIT ! ! ! ! THERE’S STILL MORE!!!!!!!!
I mentioned this up above but you might have missed it. If someone steals your checks or credit cards and you suffer loss cuz they’re out there spending YOUR MONEY, you’ll have coverage for that up to $1000.

“WOW”, you say!
And all for about the price of a DVD a month.
Hey, Let’s talk about Deductibles for a second….
The deductible is the portion of a covered loss that is your responsibility. They are typically available in amounts such as $250, $500, $750, or $1000.
For example, if you had a $500 deductible, you would need to pay the first $500 of the covered loss and we’d pay the rest.
Generally speaking, higher deductibles lower your premium, but increase the amount you must pay out of your own pocket if a covered loss occurs. Ask yourself how much you are willing to pay in order to save on premium.
You know what?... Just ask us when you’re here in the office and we’ll walk you thru the whole deductible question. Takes about 3 minutes…

SO what’s the best way to buy this  Miraculous RENTERS INSURANCE???

RULE #1 – Don’t over-insure and don’t under-insure. Get the right amount of coverage. Yes, you’ll have to estimate how much stuff you have.
We have convenient calculators in our office to estimate this for you.

RULE #2 – Take the biggest deductible you can afford. (within reason). What does THAT mean????? Well, don’t increase your deductible from say $500 to $1000 if is only saves you $13/year.
We can help you walk thru those numbers and find the best blend of deductible and price...
Takes about 3 minutes.

RULE #3 – Get at least $300,000 of liability coverage (especially if you live in CALIFORNIA!) People just love to sue in good old CaliforNyeYay.
You need someone who explains and helps you with this. It’s just what we do...

RULE #4 – Only get policies with REPLACEMENT COST coverage. (all of the policies we offer in our agency have this provision.) This is a cool one. Provision sez that if you suffer loss to your stuff, and you replace it, we’ll pay you what it costs to get a brand new one rather than what your old one was worth.
Looks like this. Someone steals your 8 year old TV set that’s worth $75 and a new one is $350, we’ll pay you based on the $350 rather than the $75! VERY COOL!
We automatically add this one too. Unless you don’t want it...

RULE #5 – Take the PERSONAL LIABILITY option in the LIABILITY SECTION of your policy. That gives you coverage for things like slander and libel. Californian’s, for some crazy reason, get all bent out of shape if you talk to them or about them the wrong way.
We automatically add this to all your policies unless (for some reason) you tell us not to.

RULE #6 – Don’t forget to check out things like Special insurance for your baseball card or Precious Moments collections. There’s limits on those kinds of things. You might also need to look into waterbed liability, or business liability (if you run any kind of business out of your home.) And don’t forget EARTHQUAKE coverage.
We’ll walk you thru a checklist of all those things just to make sure we don’t forget anything. You may not need any of them, but we just want to be sure.

This is so simple and easy to do.
We do all the work for you and in less than 30 minutes, you’ll have protected your stuff, your current assets and your future earnings.

Why somebody wouldn’t have RENTERS INSURANCE is simply beyond me.

So, here’s what you get…

• Coverage for your stuff: TV, stereo, blender, dishes, clothes, etc.
• Coverage at REPLACEMENT COST (as I explained above)
• Liability Protection. (assets AND your future earnings)
• A place to live while we put your place back together

We’ll walk you thru the whole process (probably will take less than 30 minutes)
Confidence that you're buying the insuance you need: NOTHING MORE, NOTHING LESS.

 Yep, you guessed it…
All for about the price of a DVD A month…

No insurance product offers you more BANG FOR YOUR BUCK than simple, but oh so powerful RENTERS INSURANCE….

 It's a Good Life !

Dennis Volz Insurance Agency
10783 Jamacha Bl, Suite 1, Spring Valley, CA 91978
OFFICE: (619) 670-1000 - FAX: (619) 670-1121 - Cell (619) 339-1339
Email: Dennis@DennisVolzInsurance.com
Websites: Company Site:  DennisVolzInsurance.com

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This post contains only a general description of coverages and is not your insurance contract. Details of coverage or limits can vary. All coverages are determined by the terms, provisions, exclusions and conditions of your policy along with any endorsements.