One of the best ways to save on renters insurance, and onother types of insurance as well, is to bundle your policies. Other savings opportunities may include monitored security system discounts and claims free discounts.

No. A renters policy automatically covers family members, such as your spouse or children. A live-in significant other may also be covered. A roommate is not covered under your renters policy and would need to obtain their own policy.

Because renters insurance is so affordable and offers low deductible options, it's a great idea for college students. Your homeowners policy should cover your child while they are away from home, but there are limitations and your homeowners policy deductible (which is typically much higher than renters insurance) would apply if there was a loss. With renters insurance, if someone steals your child's laptop, their policy would provide coverage for theft. It would also help protect your child if he or she is found legally responsible for damage or injury to others.

Having two separate policies is not typically needed, especially for the same location. There may be situations where it makes sense to care a homeowners and renters policy, though, such as if your child is away at school or if you are renting a property in addition to the home you own. A homewoners or renters insurance policy can offer some coverage in multiple locations, but there may be limitations, which is why two separate policies can be a good option. Call us at (860) 785-4854 to discuss if this is the right option for you.

If you're moving to a new rental, there's no need to cancel your renters policy. Simply update it to reflect your new address. You may also want to review your coverage at this time to make sure it still fits your needs. If you plan to hire a professional moving company and have a written contract, your stuff is covered if lost during the move or damaged by a covered event such as fire or vehicular accident. Your stuff is not covered for breaking or scratching during the move - for that you'd need to purchase additional protection from the moving company. If you are moving into a new home and will need a homeowners insurance policy instead, you should wait to cancel your renters policy until after your stuff is delivered to your new address. If your belongings are not being moved under a movers contract or another form of shipping or storage, the renters policy can be canceled the same day as your homeowners policy is issued. Contact us at (860) 785-4854 to review your renters policy or transition to a homeowners insurance policy.