AARP Renters Insurance: Protecting Your Home and Belongings

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As a renter, you may think that insurance is unnecessary. After all, your landlord probably has insurance that covers the building, right? However, that insurance won’t protect your personal belongings or cover any liability claims against you. That’s where renter’s insurance comes in, and AARP renters insurance is a great option for older adults. In this article, we’ll explore what AARP renters insurance is, how it works, and why it may be the right choice for you.

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What is AARP Renters Insurance?

AARP renters insurance is a policy designed specifically for older adults who rent their homes. It is offered through The Hartford, a well-respected insurance company that has been in business for over 200 years. AARP renters insurance provides coverage for your personal belongings, as well as liability protection in case someone is injured in your rental property. It also includes additional living expenses coverage if you need to temporarily relocate due to a covered loss.

What Does AARP Renters Insurance Cover?

AARP renters insurance covers a wide range of perils, including:

Perils
Covered?
Fire or lightning
Yes
Hail or windstorm
Yes
Theft
Yes
Water damage
Yes
Smoke damage
Yes
Explosion
Yes

It also covers personal liability claims if someone is injured in your rental home or if you accidentally damage someone else’s property. Additionally, AARP renters insurance includes additional living expenses coverage, which pays for temporary housing and other living expenses if you need to relocate because of a covered loss.

How Does AARP Renters Insurance Work?

To get AARP renters insurance, you’ll need to apply for a policy through The Hartford’s website or by calling their customer service line. You’ll need to provide some basic information about yourself and your rental property, such as the address and the amount of coverage you need. Once you’re approved for a policy, you’ll pay a monthly premium for coverage.

If you have a covered loss, such as a fire or theft, you’ll need to file a claim with The Hartford. A claims adjuster will be assigned to your case, and they’ll investigate the loss and determine how much compensation you’re owed. If your claim is approved, The Hartford will pay out your claim amount, minus any deductibles you have.

Why Choose AARP Renters Insurance?

Lower Rates for AARP Members

If you’re an AARP member, you may be eligible for lower rates on your renters insurance policy. In addition, you may be able to save even more by bundling your renters insurance with other types of insurance, such as auto insurance.

Customizable Coverage

AARP renters insurance allows you to customize your coverage to fit your needs. You can choose the amount of personal property coverage you need, as well as your deductible and liability limits. This flexibility allows you to get the coverage you need at a price you can afford.

Excellent Customer Service

The Hartford has a reputation for excellent customer service, and their claims process is known for being easy and hassle-free. You can expect to receive prompt and courteous service if you ever need to file a claim or have a question about your policy.

FAQs About AARP Renters Insurance

How much does AARP renters insurance cost?

The cost of AARP renters insurance depends on several factors, such as your location, the amount of coverage you need, and your deductible. However, AARP members may be eligible for lower rates, so it’s worth checking with The Hartford to see what discounts you may qualify for.

What is the deductible on AARP renters insurance?

The deductible on AARP renters insurance is the amount you’ll need to pay out of pocket before your insurance coverage kicks in. You can choose your deductible amount when you apply for your policy.

Do I need AARP renters insurance if my landlord has insurance?

Yes, you still need renters insurance even if your landlord has insurance. Your landlord’s insurance won’t cover your personal belongings or liability claims against you. Renter’s insurance provides essential protection for you and your belongings.

How do I file a claim with AARP renters insurance?

To file a claim with AARP renters insurance, you’ll need to contact The Hartford’s claims department. You can do this by phone or online through their website. A claims adjuster will be assigned to your case and will guide you through the claims process.

What is additional living expenses coverage?

Additional living expenses coverage is a type of coverage that pays for temporary housing and other living expenses if you need to relocate due to a covered loss. For example, if your rental home is damaged by a fire and you need to live in a hotel while it’s being repaired, additional living expenses coverage will pay for your hotel stay and other necessary expenses.

Conclusion

Overall, AARP renters insurance is an excellent choice for older adults who rent their homes. It provides essential protection for your personal belongings and liability claims, as well as additional living expenses coverage if you need to relocate temporarily. With customizable coverage, lower rates for AARP members, and excellent customer service, AARP renters insurance is a smart and affordable way to protect your home and belongings.

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