How much you pay for Home Insurance, i want to rent a flat from Agency and they asking for Insurance?
March 4th, 2010
Hi, please tell me how much do i have to pay monthly for 1 bed flat , i want to rent it from Agency and they asking for insurance certificate?
Can i rent it without this?
IT is in UK, Bournemouth, but i wonder what is average price for it? 100 , 10 , 1000 pounds per month?:)
Quick Property Sale
I can help you out if you live in Illinois or Wisconsin. I sell Allstate Insurance
Don’t let the picture fool you.
?? I dont know??
By the word “flat” I guess you must be in England. Here in America you can get a “rentors” insurance. But as far as one’s property is concern, the owner is responsible for paying insurance, not the tenant.
Lloyds TSB or Barclays banks. They advertised that they will beat any quote. Call in and ask.
I sell insurance in Connecticut. I’m guessing you’re being asked to pay renter’s insurance, which covers your personal property, not insurance on the building. You might be able to sign something saying “I take responsiblity for insuring my personal property” if you wish to avoid this. The landlord probably wants you to know that they are not insuring your stuff, and wants to be off the hook in case your stuff gets stolen or burnt or flooded. That’s what’s at the root of what’s going on, if I were to guess. If by “flat” you mean you’re in England, their laws are different, but it might be the same thing.
I would go to an insurance agent and ask.
The amount will vary, depending on what the landlord requires.
Shop around for the best rates.
If there is a Grange near you check them out. They handle insurance for several companies and will find you the best rates.
If you are a senior check with AARP. They also can find the lowest rates.
If the rental agency requires insurance, it’s unlikely they will rent to you without it.
My home insurance runs about $270 per year for my house, a single family dwelling. But the insurance is based on the value of your home. A rental unit should be a lot less as you should only insure your personal belongings. If they want you to cover their property for fire and other hazzards, look for another rental unit.
just fill in the online form at Lloyds?