Getting Renters Insurance
Take an inventory of your possessions. Note any exceptionally valuable goods such as artwork, electronics and jewelry. Gather receipts for these items, if available. Many insurance companies will ask you to rank the value of your possessions according to a scale, such as economy, standard or luxury. Be prepared to estimate the overall value of your things in this way.
Research insurance companies that offer renters insurance in New York City. Some of the most widely known insurance companies include State Farm, Geico, AAA and All State. Check their websites and determine which company is best for you. Consider the proximity of a branch office to your apartment, the availability of consumer service and the company's reputation when making your choice.
Call the insurance company with your inventory list at hand. You may also want to have a copy of your apartment lease with you. Speak with an agent and request a quote based on your specific apartment size, location and inventory of possessions. Find out about insurance details such as the size of the deductible, replacement cost allowances and personal liability.
Discuss payment options with the insurance company. Consider that some companies offer discounts for paying an entire year's insurance in full.
Things You Will Need
- Paper and pen
- Computer and internet access
- Apartment rental agreement/lease
- Talk through any concerns you have with the insurance agent; this is the time to discuss specific valuable items and scenarios in which you are covered for damages.
- Don't hesitate to call several companies and compare quotes to find the best price and service.
- Consider any optional coverage additions when making your choice. These include identity theft, earthquake damage and business liability.