Protect your apartment

by Contributor, Shari Glover

Moving out on your own for the first time is a rite of passage for most young adults.

You are either headed off to college to experience your first taste of freedom and independence or you’ve just graduated and accepted a full-time position in a new city.

The excitement of new beginnings also comes with some serious responsibilities.

Signing a lease for an apartment is a contractual obligation and there are penalties if you do not fulfill the agreement.

Even beyond that there are other considerations such as Renters Insurance.

Renters Insurance is often overlooked by apartment dwellers.

A countless number of times I’ve heard someone say, “I have nothing worth insuring.”

I would strongly disagree and here’s why:

  • Do you own electronics? i.e. Flat Screen TVs, DVRs, Stereo and/or Speakers, Laptops, Tablets and Video/Sound Equipment. What would it take to replace those items and do you have the resources on hand?
  • Have you ever wondered how much money it would take to replace personal items like clothes, shoes, books, furniture, and other items you use on a daily basis? Believe it or not, small things add up to significant value if you have to replace them.
  • What about jewelry or musical instruments, many of which have sentimental value that is priceless? High value items should be covered on a Personal Articles Floater.
  • Have you considered where you would live if you are displaced from your apartment in the event fire or other covered cause of loss making your apartment uninhabitable? Will there be family or friends to provide temporary housing or will you rely on Red Cross or other charitable organizations for assistance?

If you suffer the misfortune of having a loss while living in an apartment, a Renters Insurance policy would cover the following:

  • Your personal belongings. The average amount of personal belongings in an apartment is $15,000-$25,000. Don’t underestimate what you own and as I mentioned before little things add up.
  • Option to add a Jewelry Floater or Musical Instruments Floater for high value items you own.
  • Loss of Use—This covers the cost of a temporary living space if your apartment is uninhabitable due to a covered cause of loss.
  • Personal Liability—Covers your liability in the event you or something you own causes damage or injury.

Renters Insurance is relatively inexpensive and provides great benefits to you if you experience a loss.

Most insureds have been grateful to have a policy in place that makes picking up the pieces after a loss so much easier. Want more info? Please contact me.


Shari Avatar smallShari Glover is an Agency Owner with Farmers Insurance specializing in Auto, Home, Life and Business Insurance.  She is passionate about helping families protect what matters the most to them, and believes every question is worth asking if it broadens understanding and leads to the path of enlightenment. Want more info about Shari and the work she loves? Visit her website and follow her on Facebook.

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