Protecting Renters in Belleville and Swansea, IL
Whether you rent an apartment, house, condo, or even a dorm room, you need protection against the many exposures that can cause damages. The landlord from whom you rent may cover the structure of the dwelling in which you reside, but the property within the dwelling is a group of things that you have to cover. Your liability is something you also have to cover, and renters insurance covers this and your property. At Steck-Cooper & Co. we have a comprehensive renters insurance program that can provide you with the protection you need for the right price. We adapt this program to fit the needs of individual clients and we’ll fit this program to you.
Coverages and A Policy Tailored to You
Renters insurance covers personal property and liability. It may cover other exposures and/or assets depending on what your landlord covers in his or her landlord’s policy. In general however, renters insurance is much like homeowners insurance; it protects against liabilities and protects personal property. As a renter you may need coverage for floods and/or earthquakes. If you need this type of coverage, we’ll work with you to ensure that it’s in place.
The coverages from which you can choose for a renters policy and/or package include:
- Personal property
- Scheduled personal property
- Reimbursed living expenses
- Personal Liability
- Medical Payments
- Identity restoration
- Personal umbrella
Liability coverage, which is standard in renters insurance, protects you from injury claims if injuries occur in your dwelling. This type of coverage pays for at least some of the medical payments and/or expenses related to the claims. At Steck-Cooper we recommend that you purchase liability insurance that is as high in its limits as you can afford; it keeps you covered for necessary amounts.
In a ‘loss of use’ situation renters insurance may provide reimbursement for living expenses you incur while waiting for your dwelling to become livable. Establishing proper limits for this type of coverage is something you should do with your agent, so please discuss this with the agent before purchasing a policy.
Working with Steck-Cooper & Co. Insurance
Renters insurance is not tricky or complicated, but it’s important to get right. At Steck-Cooper & Co. we have a commitment to getting it right, and we work with you to make sure that your renters insurance is right. One key to ensuring the rightness of your policy and/or package is establishing the item-reimbursement method that is most appropriate. Actual Cash Value (ACV) and Replacement Cost are your options, and either provides at least some reimbursement for expenses related to item replacement. ACV insures for amounts that items are worth at the times of their sustaining of damages or destruction and is like market value. Replacement cost reimburses for amounts required to replace items and is like full reimbursement.
Establishing proper limits, selecting the right coverages, and creating the best policies are important, but services are also important and at Steck-Cooper we deliver services that make products more valuable and that make insurance experiences easy. We manage risk and claims and we provide continuous education. These services help clients reduce costs and help clients have advocates in the events that claims are filed. These services also give clients the information they need in order to make the best decisions about their insurance, including making investments.
We monitor policies regularly and we contact clients before annual reviews to find out whether or not changes that affect coverages have occurred. Monitoring policies and staying in touch with clients help us keep coverages current and therefore effective and they help us ensure that rates are appropriate.
We’re fully available and can be reached by clients whenever and however we’re needed. Via text, email, phone calls, and/or personal interactions, we’re available.
Steck-Cooper is proud to provide renters insurance in Belleville, Swansea, O’Fallon, Fairview Heights, Shiloh, and Alton, IL. We also serve other areas in the state and we serve Missouri and other states.