The Importance of New York Renters Insurance

The Importance of New York Renters InsuranceThe Importance of New York Renters Insurance

Living in New York comes with a number of benefits.

New York residents are only several hundred miles to some of the country’s finest summer vacation spots. Imagine waking up to the smell of the Atlantic Ocean and literally running a few steps to dip your feet into the water. Why battle that New York humidity when you can rent a summer home in the Hamptons or Martha’s Vineyard?

But before you start treading those waters, look into purchasing New York renters insurance. The last thing you want is to ruin your summer vacation. The insurance purchased by the landlord only covers the building itself, but it does not cover your personal belongings.

How to purchase renters insurance:

Speak with a qualified New York renters insurance expert and compare coverage and associated costs. The Rubin Group Insurance of New York provides nationwide coverage, covering almost all 50 states including Massachusetts and Connecticut.

Review your options: How much coverage do you need to cover your personal belongings? Will you be wearing expensive jewelry or bringing expensive tennis rackets? If so, consider purchasing a floater.

There are several policies to consider when insuring your risks. Decipher which policy is best for your specific situation.

Actual Cash Value (ACV): The ACV policy provides coverage for the amount your personal belonging(s) cost at the time it was damaged or stolen.

Replacement Cost: The replacement cost policy will pay the actual amount to replace your personal belonging(s).

Call us at (877) 806-7239 or email us now for more information about our New York Renters Insurance programs.