Renters Insurance
for Troy, Clifton Park, Albany, Schenectady, Rensselaer, NY & Beyond

Protect Your Belongings with Renters Insurance

Renting is a convenient living option for some, and renters insurance can give you the peace of mind you need while you’re settling into your new apartment, condo, townhouse, or other rental space. But what does renters insurance actually cover? How can you get the most out of your policy? Apple Auto Agency is here to answer all of your questions about renters insurance, and we can give you an affordable quote to keep all your stuff covered!

Renters Insurance: Explained

Renters insurance does not cover the structure itself – that’s what your landlord’s insurance is for. It has nothing to do with your security deposit, either. Simply put, renters insurance covers everything you own inside the apartment, such as your furniture, electronics, jewelry, and other possessions worth protecting.

There are actual cash policies and replacement cost value policies. If you have an actual cash policy, your insurer covers the determined cash value of the item in today’s market – even if that means the amount is less than what you originally purchased the item for. If you have a replacement cost value policy, the insurer covers the cost of replacing the item at its current price without factoring in depreciation.

Is Renters Insurance Right for You?

If you rent your home, we would highly recommend getting renters insurance. For starters, many landlords require that you have insurance if you lease their apartment or home. You may be under contract that you must have renters insurance. Beyond that, if your apartment is more than a set of empty rooms, and you have belongings in your home, you will want to have your items protected. Many unpredictable accidents and issues can occur when you rent an apartment, and everything inside your home may be lost or destroyed. Every item and piece of furniture in your home could be gone in one day. You can’t control if someone breaks into your home, a fire starts, a water line breaks, or other issues arise.

However, you can control having renters insurance. Insurance in general protects you from the unexpected, and renters insurance is no exception. If for whatever reason your property gets destroyed, your policy will provide you with the money to replace your items. One accident is all it takes for you to be eternally grateful you purchased insurance.

Get the Right Renters Insurance Policy for You

Now that you know what renters insurance is and how it can benefit you, it’s time to call Apple Auto Agency to get your personalized quote. We work with some of the best names in the industry, such as Progressive and National General, to provide you with the most coverage at the best price.

For affordable renters insurance in Troy, NY; Clifton Park, NY; Albany, NY; Schenectady, NY; Rensselaer, NY; and the entire Capital Region, get in touch with Apple Auto Agency! Moved out of a rental and bought a home? We can also help with homeowners insurance !