Buy USAA renters insurance online to protect your possessions against common perils like theft. Coverage starts as little as 33 cents a day! (See Note 1)
Standard renters policies offer protection for your belongings both when they’re at home, on the road and stored away – as well as replacement cost coverage instead of actual cash value for items like furniture minus any applicable deductible.
Basic coverage
Renters insurance provides protection for your personal belongings from loss or damage in an apartment or rented house, covering them against fire, flood and other covered losses like hotel stays and restaurant meals should repairs to your home be needed following such events as fire or flood. Furthermore, renters coverage protects you against liability issues should anyone get hurt at your residence and can help cover replacement costs of costly items like jewelry.
USAA renters policies cover items like furniture, clothing, jewelry and bicycles as standard coverage; as well as sporting equipment, musical instruments and guns if applicable. They don’t usually include electronics that have high values such as computers and phones – to ensure these are adequately covered, you may add the Valuable Personal Property coverage option.
Another solution is the USAA Technology Coverage Endorsement, which covers accidental damage caused by you to electronic devices – for instance dropping or spilling wine on them – like dropping them. With higher limits than your main policy’s coverage limits, this endorsement offers additional protection for your electronics.
Your premium will depend on the type and amount of coverage you select for your property and items, including size and value of items insured. A larger home with more expensive contents generally costs more to insure than an apartment or townhouse; location also plays a factor; areas more susceptible to severe weather or crime may have higher premiums compared with ones near hospitals and police stations.
Additional coverage
USAA provides additional coverage options. Their policy, for instance, may cover the costs associated with staying in a hotel if your place is damaged by fire or flood; as well as replacement fee or actual cash value payments for stolen, lost, or destroyed personal property; plus helps cover replacement computer, televisions or electronics damaged by water leakage, power surge or any other incident covered under your renters insurance policy.
As opposed to homeowners insurance policies, most landlords do not cover tenants’ personal belongings if they rent from them; you need a separate renters policy in order to protect your belongings from potential risk. Coverage amounts and deductible options you select determine how much premiums each month cost; bundling both policies typically results in discounts.
Other companies provide similar policies, but USAA stands out with its military-focused model and competitive prices for services offered. Customers have provided many positive reviews on social media such as Reddit and Quora to share their experiences with USAA; these can help you decide if it’s the right choice for you, after which applying online for coverage provides peace of mind knowing your stuff is protected from harm.
Exclusions
USAA provides an add-on option that covers earthquake damage to renters insurance policies, with coverage including additional living expenses. You can purchase this coverage online or add it onto an existing policy; simply increase your deductible for maximum savings!
USAA customers have given USAA highly favorable reviews. Many praise its customer service as being outstanding, noting how the company takes good care in servicing its members. Some customers have noted the claims process being slow when handling weather-related incidents; and their premiums seem to increase each year despite going unused.
No matter which provider you decide to get renters insurance from, it’s crucial to carefully compare coverage options and prices so you get adequate protection. Both USAA and Chubb offer multiple coverage options as well as discounts for bundling policies or being loyal customers, bundling policies together or installing security systems – while both offer discounts based on these criteria as well. It should also be noted that USAA is membership-based while Chubb is an international provider catering to a wider customer base – each one is reliable but the one which best meets your needs and budget should be chosen over choosing between them both!
Discounts
USAA ranks consistently as one of the premier insurers for auto and homeowners policies, as well as renters policies. Their policies boast competitive rates with excellent customer service according to ratings from consumer insights agency J.D. Power and the National Association of Insurance Commissioners company complaints index – but it’s always wise to compare companies before making your choice.
USAA provides many discounts to help policyholders save, including good student, military and new-vehicle discounts. Bundling both home and auto policies through USAA often earns additional savings; keep in mind, however, if your claim history or risk assessment warrant higher premiums.
Other strategies for lowering premiums may include installing smoke alarms, deadbolt locks or sprinkler systems into your home. You could also save money by taking defensive driving classes or having pets that meet specific criteria (e.g. having an enclosed yard).
College students with excellent grades or those owning new cars may qualify for lower rates from USAA, while it also offers extra perks like free rental car coverage and 24/7 protection with ADT’s Smart Alarm system.
