Comments on: Is renter’s insurance worth the cost http://www.blisstree.com/thriftymommy/is-renter%e2%80%99s-insurance-worth-the-cost/ Time and Money Saving Tips from Thrifty Mommy Wed, 23 Dec 2009 06:30:22 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Adam Nelson http://www.blisstree.com/thriftymommy/is-renter%e2%80%99s-insurance-worth-the-cost/comment-page-1/#comment-33545 Adam Nelson Wed, 15 Jul 2009 22:56:58 +0000 http://www.blisstree.com/thriftymommy/?p=6154#comment-33545 I'm not sure renters insurance is worth it. If you don't get replacement value insurance, you'll get nickel and dimed with depreciation. I just did a Liberty Mutual quote. With a $1k deductible, I'm talking about $45/month for replacement value insurance - that's $550/yr. Flooding from plumbing is NOT covered. Jewelry over $1k is NOT covered (it would be for $30/month more at up to $4k). It seems to me that the insurance is only worth it if you'd be obliterated by an accident. If I had a fire, I'd be $15k in the hole without insurance. With insurance, I'd be $1k in the hole with about $3k worth of hassle. The real terrible thing would the loss of pictures and stuff ... I’m not sure renters insurance is worth it. If you don’t get replacement value insurance, you’ll get nickel and dimed with depreciation. I just did a Liberty Mutual quote. With a $1k deductible, I’m talking about $45/month for replacement value insurance – that’s $550/yr.

Flooding from plumbing is NOT covered. Jewelry over $1k is NOT covered (it would be for $30/month more at up to $4k).

It seems to me that the insurance is only worth it if you’d be obliterated by an accident. If I had a fire, I’d be $15k in the hole without insurance. With insurance, I’d be $1k in the hole with about $3k worth of hassle. The real terrible thing would the loss of pictures and stuff …

]]> By: Jennifer Chait http://www.blisstree.com/thriftymommy/is-renter%e2%80%99s-insurance-worth-the-cost/comment-page-1/#comment-22403 Jennifer Chait Tue, 19 May 2009 17:39:09 +0000 http://www.blisstree.com/thriftymommy/?p=6154#comment-22403 That's true. Some policies cover lots of extras making it even more worthwhile. That’s true. Some policies cover lots of extras making it even more worthwhile.

]]> By: Amy http://www.blisstree.com/thriftymommy/is-renter%e2%80%99s-insurance-worth-the-cost/comment-page-1/#comment-22371 Amy Tue, 19 May 2009 05:19:21 +0000 http://www.blisstree.com/thriftymommy/?p=6154#comment-22371 For us it is totally worth it. We got our policy through our car insurance agent. It actually made the whole policy $3 cheaper per month than not having it. Even if you do have to pay a small cost per month it it worth it because it covers so much more than the items inside your home. With our policy it covers the things that aren't covered by you car insurance like if you child damaged the neighbors car with their bike. I really like the fact that we are covered for just about anything that can happen. For us it is totally worth it. We got our policy through our car insurance agent. It actually made the whole policy $3 cheaper per month than not having it. Even if you do have to pay a small cost per month it it worth it because it covers so much more than the items inside your home. With our policy it covers the things that aren’t covered by you car insurance like if you child damaged the neighbors car with their bike. I really like the fact that we are covered for just about anything that can happen.

]]> By: Nilz http://www.blisstree.com/thriftymommy/is-renter%e2%80%99s-insurance-worth-the-cost/comment-page-1/#comment-22158 Nilz Fri, 15 May 2009 03:49:55 +0000 http://www.blisstree.com/thriftymommy/?p=6154#comment-22158 I do not have much idea about most of the Insurance Plans. However, this looks like a good plan. Anyway, I may be looking for a website which compares different insurance plans. I do not have much idea about most of the Insurance Plans. However, this looks like a good plan. Anyway, I may be looking for a website which compares different insurance plans.

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