Wednesday, September 4, 2013
Shopping around for renter's insurance
Fast forward, and having a young man bundled onto my auto plan is pricey, so I moved to Progressive for auto insurance, effective this past May. Since I dropped my auto policy, Nationwide, in it's great wisdom, decided to jack up my renter's insurance as a result, not even considering that I continue to be a life insurance client as well. No problem, time to seek alternatives for renter's insurance. Prices are for paid in one payment plans vs monthly plans that have additional, monthly surcharges added, to the tune of $1 to $5. Nope, I am the lady who pays it in full.
Nationwide: $452/year (last year, it was $330)
Insurance thru my Union: $317
Same identical coverage, and not necessarily bottom level coverage either.
Personal liability: $100,000
Medical for others: $1000
So I just saved myself $135, and I am actually paying less/month when spread out over the year. Original Nationwide rental ins. was costing me $27.50/month, while I have paid $26.42/month for the next year.
It's all good, as DS college boy would say.
Next up, get a quote for adding DD (once she's ready) to a bundled auto policy from Progressive, my current ins. carrier vs a plan thru my Union. Never thought of using an Union sponsored plan. The worked out really well for me.