This lack of understanding means many people don’t value it as highly as they might with information. Most tenants are aware that renters insurance coverage exists, and while most done realize how affordable it actually is, even more don’t realize how much coverage they receive within the bounds of one standard policy. Many people believe these policies are meant exclusively to cover stolen or damaged possessions. The reason renters insurance coverage is often interpreted this way is that it is also often known as contents insurance. This implies that the…
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Lemonade renters insurance rolls out to French tenants
The industry disrupting insurer is now entering its third country in the European Union. Lemonade renters insurance is now moving into its third European market as it takes its first steps into France. The insurer has already entered into the Netherlands and Germany in the European market. Though Lemonade renters insurance is entering a growing number of European countries, it originally from the United States. It is now a public company with a current market capitalization near $4 billion. The insurer will be in direct competition with a local firm…
Read MoreUnderstanding Insurance
Life is a beautiful thing, but it’s also full of risks. Every day when we get out of bed, we face a world full of dangers. We can weather a lot of bad things in life, but not every bad outcome is something that we can handle on our own. A broken bone can be painful and expensive, but a serious illness can put even the most financially cautious people in debt. When some things in our home break down, we can reach into our pocket and pony up the…
Read MoreAllstate, GEICO, and Allianz enjoy prospering worldwide renters insurance market
The results of a new study have shown that insurers are enjoying a thriving sector. According to the outcomes published in a new renters insurance market report, the sector is thriving worldwide. Insurance companies such as GEICO, Allstate, Esurnce, Allianz, and Shelter Insurance & Mercury Insurance are all prospering according to the “Southeast Asia Renters Insurance –Market Development Scenario.” The study examined the strong successes these players are enjoying in this particular market. The report looked at the renters insurance marketplace using both qualitative and quantitative market data. It also…
Read More5 Reasons to Get Personal Property Insurance
You must already know about home insurance which protects your home against various threats like fire, burglary, water damage, etc. However, did you know that most insurance plans contain personal property coverage too? What’s Personal Property Coverage? Personal property coverage aka contents coverage insures your belongings including furniture, home appliances, jewellery, etc. It may also cover items that are outside your home such as your luggage when traveling, bike, etc. If any of these things are damaged/destroyed by natural disasters like fire, or stolen, then you may get adequate compensation…
Read MoreJewelry insurance appeals to diamonds and heirlooms
Expensive rings, necklaces, earrings, watches, bracelets and other items need separate coverage. Engagement rings, great-grandmother’s necklace and other expensive items can benefit from jewelry insurance coverage. Their coverage under homeowners or renters policies is very limited. Often, there is inadequate protection offered for the full value of a high-value piece. Renters and homeowners policies offer protection but only up to a certain limit for all pieces. Homeowners and renters insurance policies will usually limit jewelry coverage at around $1,000 to $5,000. However when it comes to more expensive pieces, this…
Read More300th School Partner Accelerates Growing Collegiate InsurTech Platform
GradGuardä adoption by campuses demonstrates momentum for innovative ways to reduce the cost of college through modern renters and tuition insurance programs. GradGuard™ – a leading authority on protecting the investment in higher education, announced today at the annual National Association of College & University Business Officers – Student Financial Services Conference that with the additions of Creighton University, University of Pittsburgh, New Jersey Institute of Technology & Valdosta State University, GradGuard has surpassed the 300 school mark in 2019. According to John Fees, co-founder of GradGuard, “Our school partners are…
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