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It took you years to assemble your collection of Marvel comic books, but it could only take minutes for a burglar to take off with them from your first floor apartment! Luckily, you can get renters insurance quotes quicker from Henry Insurance Service than it took you to gather that collection.

If you owned your own home, you would never go without a contents value on your homeowners policy. But, according to the US Department of Justice, a rented property is 79% more likely to be burglarized than an owned property, yet amazingly, only 43% of renters invest in a renters insurance policy.

There are so many myths out there that prevent renters from getting the protection you need.

The Five Most Common Renters Insurance Myths

Myth #1 Renters Insurance Is Too Expensive

Truth: Renters insurance is one of the most affordable forms of insurance out there in the insurance marketplace. According to the Independent Insurance Agents & Brokers of America, the average cost is about $12/month for $30K of property coverage and $100K of liability coverage.

Myth #2 My Property Isn’t Worth Enough To Insure

Truth: If you look at your items singularly, this might be true. But have you thought about how much money it would take to replace all of your clothes, furniture, small appliances, electronics, and every household item (including your forks)? Collectively, to replace your items would cost more than any amount of cash you might have on hand.

Myth #3 Owner’s Property Insurance Covers My Items and Liability

Truth: A landlord’s policy ONLY covers the physical building. Not your personal items or any liability you might acquire. If a burglar steals your Marvel collection, you are on your own. If your best friend slips in your driveway, you could be financially responsible!

Myth #4 Renters Insurance Only Covers Belongings

Truth: Most policies have liability coverage! This could help cover your best friend’s medical bills and your legal bills in case the above situation occurs.

Myth #5 It Takes Too Long To Find A Good Renters Insurance Rate

Truth: Renters Insurance is one of the easiest, most hassle-free policies you’ll ever find. At Henry Insurance Service, one of our experienced insurance experts can help you find the best policy for your needs quickly and easily.