More than one third of New Jersey households rent a home, apartment or room, but 64% of renters have not purchased even the cheapest renters insurance policy. If you belong to that unfortunate majority, an independent agent has the expertise to find the best renters insurance in New Jersey for you. Some people think their landlord’s insurance will replace their belongings in the event of theft, fire or other hazards. Unfortunately this is not usually the case. To protect your personal property and financial assets, you need to buy your own rental insurance coverage.
The cost of renters insurance in New Jersey varies from company to company and depends on how much coverage you choose, but overall New Jersey has some of the cheapest renters insurance in the country with average premium costs ranking 29th (from highest to lowest) among all states.
When deciding on the best renters insurance policy for your New Jersey home, comparing multiple quotes gives you an advantage. A Trusted Choice independent insurance agent can help you navigate the plans available for your situation, so you can choose a policy with confidence.
An average renter keeps around $20,000 in personal property in the home. And, while your personal property may be worth less, or much more an independent agent can help you assess the true value of your possessions, and show you how to purchase adequate New Jersey rental insurance coverage.
A local independent agent can talk with you about your property and situation, and help you decide how much liability and property coverage is right for you, whether you are looking for the most coverage or the cheapest renters insurance policy.
There are currently 485 independent insurance agents in New Jersey who are ready to help. These agents can save you time and money by helping you find competitively priced coverage that is well-suited to meet your business’s specific coverage needs. Talk to an insurance agent near you to learn more and to start comparing customized business insurance quotes.