Why Renters Insurance Is Worth Its (Low) Cost

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Sams club Credit card of AL 6:23AM March 31, 2011

This was a great article on why renters nationwide need to consider insurance. Although it's true most renters don't take take the time to research or compare policies, many consumers who carry auto insurance can purchase renters insurance from their existing insurer in order to qualify for a multi-policy discount. This discount can often save the renter the entire monthly cost of the renters policy sometimes up to 10%

http://www.rentersinsurance.net

Ross of MN 5:15PM January 31, 2010

The paramount reason that informed individuals are hesitant to pay for renters insurance is that they know that their claims are unlikely to be honored.

If a subscriber falsely inflates his claim after an incident, he can be prosecuted for fraud. When companies, like Allstate insurance, institute formal organizational guidelines requiring their agents to falsely deflate the value of a claim, there is no punishment.

Insurance companies are despicable.

Allstate's practices:

http://www.heraldtribune.com/article/20080406/NEWS/804060659?Title=How-a-get-tough-policy-lifted-Allstate-s-profits

The Agencies Frauds in the State of Michigan:

http://www.badfaithinsurance.org/reference/PC/0018a.htm

Steve of MI 8:03PM November 28, 2009