NYC renters insurance is not a hot topic of discussion because most people don’t have it. With the high cost of living already effecting most renters in NYC, plus the fact that we’re living in a struggling economic time, most people think that they can’t afford this type of insurance coverage, but they couldn’t be further from the truth. Believe it or not, you can get affordable renters insurance for as little as $8 per month. There are various factors that will determine how much you pay for your coverage, but when everything is said and done, the minimal cost of your renters insurance policy compared to the potential distress that can come from a loss in which the policy would cover, is just about a “no brainer.”

Due to the facts that we just mentioned, protecting your valuables and assets while living in a rented apartment, can end up saving you from a potential emotional and financial loss. The landlord who owns the space that you’re living in definitely has insurance to protect themselves, as well as insurance that covers their home or apartment that they live in. So why shouldn’t you?

Renters insurance in NYC will make sure that your belongings and possessions are covered in situations such as theft during a break-in, damaged by a fire, and injury coverage and protection against a lawsuit if there’s an accident and someone gets hurt while visiting your home.

Here are a couple of situations that can be considered common place for someone living in NYC. Somebody rings the buzzer to get into the apartment building. They’re visiting a friend, so of course they’re let into the building. They close the door behind them, but it doesn’t lock, as the front door has been used for years, many times a day, and you have to slam it shut to make sure that it’s locked. Everyone who lives in the building knows this, but people coming to visit don’t. As someone else is walking down the street, they notice that the door is unlocked and proceed to enter into the building. We can all imagine what happens next.

Another situation can be that your friends are coming over to meet up before you head out for a night on the town. They’re your close friends that you’ve known since childhood, but they brought along one of their friends who you’re not familiar with and never met before. After they come up to your apartment, which going back to the last situation can sadly end up in something missing from your place, but let’s stick with this example for now, you start to make your way out to the restaurant you have reservations at for dinner. On your way down the stairs, your new “friend” trips, falls and ends up spraining their hand. They can’t work because they use that hand to type and the injury ends up being worse than expected. Despite the fact that they’re your friends friend, they file a lawsuit against the building owner, NYC and you.

We’d all like to live a life in which none of these occur, but sadly these circumstances and events happen everyday, and if you’re living in New York City, you know that they happen more frequently than we’d like to believe. Whether you’re in your apartment, walking down the streets of New York or drinking a cup of coffee at Starbucks, the sound of an ambulance or police siren are way to common place.

NYC renters insurance coverage can be obtained very quickly and for a very reasonable price. Without getting into too many details, you can get an estimate based on two factors – where you live and the total value of your personal property. It can cost as little as $8 a month and can end up saving you the aggravation and inconvenience that we all want to avoid.

You can get a quick quote from any of the major insurance companies online or simply just get a estimate by providing your zip code and estimated value of property. Get your quote now to ensure your peace of mind that this small investment can provide.