Renters Insurance in Illinois

Renters Insurance with Com-Co Insurance Agency, Inc.

According to insurance industry statistics, 37 percent of Illinois residents rent the place where they live, whether that be a house or an apartment. Less than half of those residents have renters insurance on their personal property. Many people don't realize there is such a thing, and many don't know it is available. Com-Co Insurance Agency, Inc. in Mount Prospect, IL is here to help you learn more about the benefits and how to get started.

Many people may not think they need insurance because they do not own the house or building, but you do own all the property inside. If there is a fire, a major storm, or theft, you can lose all your possessions. The landlord may have coverage on the building itself, but that won't help you recover your personal possessions that you may have lost.

Think about what it would cost for you to replace all your possessions within your home. Renters insurance is fairly inexpensive, much less than homeowners insurance, and the cost is based on the property you have and how much of a deductible you take. You may also want to buy insurance before you move if you know where you will be living. Roommates may also have their own policies. Another consideration is replacement cost versus current value, and that can also affect the type of insurance you need. Replacement cost is what it will cost to replace the item, as opposed to the current value of the item being replaced.

Stop by Com-Co Insurance Agency, Inc. in Mount Prospect, IL and let us help you get the insurance you need. Our agents can explain the best policies available for people living in Illinois. Call us to get more information about insurance in general. After you do that, stop by and visit and let our professional agents help you find the coverage you need.