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Renters Insurance

Renters’ Insurance Explained

Moving into your own place for the first time is a life-changing event or it is simply a move into a new city or perhaps a step up. Keep in mind, however, that it is also important to think of how you might fare financially should an accident or some other loss-causing events occur that result in financial harm. By buying good renters insurance, you can help keep your rental home be safeguarded while also saving over the long term should the unexpected ever occur.

 

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What Is It?

Renters insurance is different from homeowners’ or auto insurance in that this kind of coverage only protects personal belongings within the walls of your rental home. The landlord usually carries a policy that covers the actual home or apartment structure, but if an accident, fire, or a person destroys any of your personal belongings, then only renters insurance will pay you for lost or damaged items.

It is wise to ponder the total dollar amount it would take to replace all of your personal belongings at this moment. It would likely surprise you how much value there is and, certainly, most renters couldn’t come up with such an amount without a huge financial hit. Also, and quite importantly, a renter’s insurance policy protects you if someone injures themselves while inside your apartment and then sues you. Keep in mind that this coverage is so important there’s a likelihood that the landlord may mandate that you carry it.

What It Covers

Normally a renter’s policy will cover losses that are the result of such things as fire, theft, vandalism, leaking plumbing, and severe weather events. However, this policy like others will normally exclude such natural disasters as floods, hurricanes, or earthquakes. Covered for these things can be obtained by separate policies and, depending on where you live, could be important to look into.

Types of Coverage

Renters coverage is pretty standard, though there are differences depending on the kind of home in which you live. The main difference in policies is the payout choices: One type is “actual cash value” that gives you the value for your things less any depreciation. “Replacement value” policies will usually be more expensive, but you will enjoy substantially more reimbursement for any damages or losses.

Big Benefits

The big plus in owning a good renter’s policy is the knowledge that your belongings are financially protected in the event of some peril or loss-causing action. An additional plus is that renter’s coverage is relatively cheap, yet very effective when one needs it.

Joe Leduc was very responsive in responding to my request for quote and understanding my needs to provide me policies that were very competitive. I appreciate his attention to customer service.
John Barton
John Barton
Kasia was such an amazing help and so quick in completing the changes I needed. Wouldn’t get my insurance anywhere else!
Laura Thomason
Laura Thomason
It was excellent thank you
Charla Davis
Charla Davis
A. Young Insurance Agency!!! Amazing work!! I worked with Andrea during my home insurance process. She worked to get the best pricing available. She kept me in the loop at all time. I really appreciate. A. Young Insurance Agency team. I definitely will recommend. Thank you again!
Clarence “CLA” Rice
Clarence “CLA” Rice
I had a great experience with my Agent Andrea… I was comparing home policies..As a senior citizen She explained various companies and ways I could save money each month…and she called me back couple times ON time as I requested…Thanks AgainSandra
Sandra Johnson
Sandra Johnson
Kelly is the agent that I see she is always been there for me and my wife and she is a great help and I thank her so much?
william Gentle
william Gentle
Friendly, great service ,The staff are awesome.
wildman687
wildman687
Kasia was golden, helped me at last minute with my issues. Helped me save money and everything. It was the greatest pleasure working with her.
Slugg 1101
Slugg 1101
Keseac , is the agent who helped me with my insurance and she was so helpful and kind and knowledgeable and understanding and looked for the best way for me to save money, But keep my car is insured and covered. I am truly very grateful that we have switched to a young insurance agency.
Sharon Schmitt
Sharon Schmitt
😆😄such warm generous to work with, they are by far the people to work with!! For all your insurance needs ! I am amazed by how much of a load it took off -we needed them and we have appreciated all the work they do!! Great Neighbors too!
Kathryn Hawley
Kathryn Hawley
Joe did an awesome job at getting me a new great insurance quote on my auto & I appreciate it more than you know!! Thank you Joe!!
Kristen Hebb
Kristen Hebb
They are hands down the best insurance company that I've ever dealt with! Shannon helps us every 6 months with our policy and they make it affordable for me to be able to have insurance on my vehicles! Shannon and Ron are definitely very down to earth people that care about their community and customers! I would highly recommend them to anyone!
Christopher McCall
Christopher McCall
If you're looking for great customer service and the lowest prices, then reach out to A. Young Insurance Agency. Kelly went out of her way to answer all the questions I had on renters' insurance and then combined them with my auto insurance for a better discount. I purchase my auto insurance from Joe back in April, and he provided a great customer experience at a time when everything in my life was a little hectic. Thank you both of them!
Vicki Briggs-Gamache
Vicki Briggs-Gamache
I had a great experience here. Larry really helped me through the difficult task of obtaining auto and renter's insurance. He went above and beyond to help me understand and compare different quotes and policies.
Char Woods
Char Woods
Great agency. Very responsive, friendly and easy to work with.
Hockey33
Hockey33
Joe Leduc is my agent. Joe finds me the best policies for my house in my car. I I know I’m saving a lot of money which means a lot to me and I’m getting the best coverage. Joe researches every company out there and matches me up with the best one I really appreciate his thoughtfulness and his help
Shelley Staffig
Shelley Staffig
Very happy with my insurance agent. He has saved me lots of money over the years. All the staff there is professional and courteous.
angela pollard
angela pollard
Great rates and quick to respond to inquiries! Recommend highly!
Jenny Kemp
Jenny Kemp
I’ve been working with John and the agency for years now, for both car and renter’s insurance. They have been fantastic, thorough, very easy to communicate with, incredibly helpful, and always proactive if there is something they see that can be changed for the client benefit. I love working with them and my needs are ALWAYS met.
Brooke Eason
Brooke Eason
Would highly recommend A.Young InsuranceAlways very helpful.Explains everything so wellAll the staff are always friendly.
Joanna Kinsella
Joanna Kinsella
Joe has taken great care of my insurance needs and my mothers. Always so friendly!
Ashley Nettles
Ashley Nettles
i have recommended this agency
Cedric Stroud
Cedric Stroud
Its a good place i love it
Ahmed Fayyaz
Ahmed Fayyaz
I recommend to all my family and friends. Shannon is always responsive and helpful and gets everyone the best insurance and best rates.
Debra Urben
Debra Urben
Joe took the time to see if he could meet my needs despite my being a low end customer.
Curtis Maxwell
Curtis Maxwell
Nice down to earth people. Larry goes out of his way to do the best for his customers.
Kristin Cassani
Kristin Cassani
Good customer service and rates for both home and auto.
Ruth
Ruth
Joe was so kind and helpful when I reached out with questions concerning my auto ins. He gave me honest, no pressure advice that I was very appreciative of. Looking forward to working with him in the future.
Meteor Burger
Meteor Burger
John and his Team are always there to help us out. We carry various insurance policies we bundle and they make sure we are always getting the best service. I would recommend this team to everyone!
Mary Milsk
Mary Milsk
Shannon is the Best. Make sure you call "Young Insurance" because she use to work for Look Insurance but after she branched out and away from Look, they took her telephone number away and if you call that number a snotty guy will answer and won't give you any information on how to get in contact with Shannon. He seems that he doesn't like the fact that she is doing very well and offers a better insurance rate. So keep that in mind when looking her up.
Tim Simmons
Tim Simmons
Best of the best. Shannon is a gem that has gone above and beyond for my wife Lori West over the years. She just helped me get the best priced policy and is so very pleasant to work with. Larry also spoke with me and helped with our concerns. A. Young is by far the best. Thank you!
Phil West
Phil West
Super responsive, and dedicate their time to explain any questions you have. On top of the great service, they got me a great deal. If you're looking for a new insurance agency this is it.
M Rut
M Rut

1400 Scott Lake Road, Suite AA
Waterford, MI 48328