Your daughter left a candle burning in her bedroom and it caught fire, destroying most of your belongings and causing extensive damage to your apartment. Do you have enough liquid assets to go out and replace all your things and also pay for the damage to the building your daughter caused? If you didn't have any finances or insurance to cover the loss, you could very well end up with a judgment for wage garnishment until it's paid, and that is just for the building. You still have to replace all your furniture, clothing, electronics, linens, and living essentials.
What if you hosted a party and provided alcohol and one of your partiers left your apartment and drove drunk, killing someone in an accident? The investigation leads to you and you are found liable. Do you have the money to pay?
These are just a few of the scenarios that renter's insurance can cover. Also called “Tenant” insurance, this type of policy will cover most of what a homeowner's policy covers except for the actual physical building.
Have you noticed the trend of rental companies and landlords requiring their tenants to obtain renter's insurance? It's not because they are concerned about your clothes or furniture. They want their own insurance company to have a way to recoup loss that you caused so their own premiums won't increase.
Many people mistakenly believe that the property management company, owner, or landlord would be responsible to replace damaged personal items from a broken appliance or leaky pipe. This is not the case at all.
If there is a leaky water or sewage pipe that eventually leaks onto your bed, computer, stereo, and television would you have enough in the bank and be okay with replacing them yourself? If the answer to that is, “No,” then you will want to make the small investment into a renter's policy.
You can customize a policy for your renters insurance and make it as basic or as comprehensive as you like. Contact Affordable Insurance Agency and we will be happy to discuss what is most important for you to protect and design a policy that exceeds your expectations.
Commercial insurance is essential for each and every business entrepreneur. It could mean the difference between remaining in business and permanently closing when unforeseen loss befalls your business.
We are business owners in Middle Tennessee, too, so we can truly relate to the needs of running and maintaining your business. With so much at stake, don't leave your commercial insurance to chance. Professional experts at Affordable Insurance agency work with you to customize an insurance plan that protects both your most vulnerable areas and your most profitable areas of your business.
Every business has different needs. From hair salons to auto repair to manufacturing, each company has its own unique set of circumstances and characteristics. Cookie cutter commercial insurance just won't work, which is why we closely work with you to evaluate your specific needs.
An ounce of prevention is worth a pound of cure, which is why we conduct an intensive assessment of your risk management practices. We design strategies to reduce your risk significantly and yet protect you if the risk should occur.
Affordable Insurance Agency has business insurance specialists who can sort out the intricacies of your business and deliver you precise information to make well-informed decisions regarding your insurance needs. We can take something as complicated as custom business insurance and provide innovative solutions that brilliantly uncomplicated the situation for you.
As an independent agency, we are not required to sell any specific company's products. We assess your needs and then search the best company to meet those needs and work within your budget. We take the stress out of the decision-making process of searching companies; we analyze the best company for your needs and present you with the final options.
How is Affordable Insurance Agency of Middle Tennessee different from the rest? Contact us and we will show you how our team becomes your best asset for your business.