The Assurant renters insurance policy covers more than just the fundamentals; however, there are very few discounts available Although Assurant may not be the most well-known brand in the world of insurance, its renters coverage certainly deserves consideration. Because the Assurant renters insurance policy covers coverage that most other insurance providers charge extra for (or don't include at all), it provides more value for the money you pay in premiums. However, for an insurer of its size, the company receives a significantly more significant number of customer complaints than expected. Renters who live in one of Assurant's partner properties can purchase insurance from the company that provides "Liability Only" coverage if they require less comprehensive protection. Those who are looking for unique add-ons such as coverage for bedbugs and ruined food will benefit the most from this plan.
How we rank various insurance providers for renters
Our star ratings are determined by the number of consumer complaints received by the National Association of Insurance Commissioners (NAIC), the financial strength grades received from AM Best, the coverage and discount options made accessible, and the overall customer experience.The advantages and disadvantages of Assurant renters insurance
Advantages
- Most standard renter's insurance plans cover the entire cost of replacing your items.
- Damage caused by bedbugs, food that goes bad, and increased living expenses incurred from evacuating due to flooding is reimbursed in some jurisdictions.
Disadvantages
- There are not many discounts available.
- Receives a significantly higher amount of customer complaints than would be typical for a company of its size and industry.
Assurant renters insurance –– its ratings
Regarding overall performance, the Assurant renters insurance received four out of a possible five stars. The grading system considers various factors. This is included but is not limited to complaint statistics from the National Association of Insurance Commissioners, the ease of process when making a claim, website openness, financial strength, and coverage and savings offered.State availability
Assurant renters insurance is available for purchase in all 50 states. Additionally, it is also available in Washington D.C.Assurant renters insurance –– their coverage
The level of coverage you select is typically up to you, except for situations in which landlords mandate that tenants purchase renters liability insurance policies that contain a predetermined minimum amount of coverage. The following is a list of the four categories of coverage that are often included in standard renters policies:Personal property
- Covers your apparel, furniture, gadgets and other such things.
Loss of use
- Covers the expenses for hotel stays, restaurant meals or other expenses in case you have to live somewhere else while your home undergoes covered repairs.
Liability
- Covers injuries sustained by other persons or damage to their property which was caused by you.
Medical payments
- Regardless of who was at fault, injuries sustained by others in your house are covered by this policy
- Harm or damage that is caused by pets
- Costs associated with identity theft
- Rent payment if you lose your work.
- Damage caused by earthquakes.
- A clogged drain or sewer caused the damage.
Discounts
Suppose you have safety and security devices in your home, such as a sprinkler system or a fire alarm. In that case, you might be eligible for a reduction on your renters insurance. This, of course, depends on where you live.Consumer complaints
According to three years ' worth of statistics from the National Association of Insurance Commissioners, Assurant had significantly higher than the expected amount of house insurance complaints to state regulators compared to its size. The National Association of Insurance Commissioners receives complaints about various home insurance policies, including renters and condo insurance.Consumer experience
Website
You may acquire a quick and easy Assurant renters insurance quotation on the company's website and read important information about what's covered by your policy. Once insured with Assurant, you may log in to the online portal to update your address, alter your payment method and access your policy paperwork.Claims
The consumer is able to file and track a claim online. Claims can also be lodged over the phone.A guide for buying renters insurance
Gather important information. This includes the address of the rental property and a list of any safety and security measures the unit may have before beginning your comparison of renters insurance firms. Make a hasty inventory of your possessions, and calculate how much coverage you might require: How much would you need to spend to replace them? Include every piece of furniture, electronic device, article of clothing, and piece of jewelry in addition to household stuff. This figure is the bare minimum of personal property insurance coverage you should obtain. Your liability limit should be large enough to cover your net worth. At the same time, your deductible should be an amount you wouldn't feel unduly burdened by paying in the event of an unexpected expense. When comparing estimates for renters insurance, check to see that each pricing estimate contains the same coverage limits and deductibles. This will ensure that you receive an accurate assessment of the various policies. Even while it may be tempting to get the policy with the lowest premium, you should also consider reviewing the insurance provider of your choice to ensure that it has a solid reputation for providing excellent service to its clients.Instructions for claiming your renter's insurance
Make the claim the moment it becomes safe for you
The earlier you report a theft or damage to your house, the sooner your insurer can assign an adjuster and start working on paying out your claim. When filing a claim, you may be able to do so online or using a company's mobile app. However, in other instances, you may be required to phone your insurance agent or provider instead. Keep your insurance policy number close at hand.Take proper documentation of the damage
Take pictures or videos of the damage incurred to bolster your insurance claim. Before contacting your insurance carrier about a stolen item, you should first report the theft to the authorities. Your insurance may ask for a copy of their report.Stop any more damage from occurring
After you have documented everything that has been broken or destroyed, you should take measures to avoid further damage. For example, you could throw a tarp over a broken window to safeguard your items that are inside the home. Keep your purchase receipts, as your insurer may pay you for the items you've purchased later.Other renters insurance providers to take into consideration
Perhaps you are not prepared to make a choice. It is possible that you might also be interested in these other companies that offer renters insurance:- Lemonade
- Geico
- Progressive
- The Hartford
Frequently Asked Questions (FAQs)
What additional types of insurance does Assurant offer?
Assurant provides a wide variety of insurance policies in addition to renters insurance, including shipping insurance, mobile device insurance, and flood insurance.How can I get in touch with Assurant?
You can contact Assurant by phone.What kinds of things are covered by an Assurant renters insurance policy?
The most fundamental level of Assurant's renters insurance protects you against both personal and property liability and covers your items. This policy also covers mold-related damages.