Renters Insurance

There are too many variables to provide an answer here. The best way to find out is to contact a local agent or agency and ask for quotes or at least a ballpark estimate. I recommend you this site where you can compare quotes from different companies: insureinfo.us

Laws may be a little different in the Armpit of America but in the communist state of MA as long as you jointly own the home then you would be jointly covered on the home policy. If so then they cannot refuse your claim. If he is not joint owner he would have to get a separate tenants policy. The solution? You own everything excpet for mens clothing.

Renters insurance is for a person who is renting the place where they live. It protects your property if something happens to that place, such as a fire, flood or theft. Without it, only the owner of the property is covered.

Almost never.

This is probably answered by reading the rental/lease agreement. Tenants are generally responsible for damage caused by a stoppage that occurs during their tenancy unless the stoppage is due to a condition that existed prior to the commencement of their tenancy.

Who owns the washing machine? If it is the upstairs tenant and he has tenants insurance (as you should) then his insurance pays. The landlords insurance company would also pay and your insurance company will take care of it all. Let them duke it out. If you are the landlord and you did not require your tenants to carry insurance...does the word "fool" mean anything to you now?

only if that is agreeable with landlord. A lease agreement without a lease is a verbal lease. Your last month's rent is not a security deposit.

Renters insurance is definitely worth getting. Most agents or brokers from whom homeowners insurance can be purchased can also write renters insurance.

As for renters insurance being shared... since you are renting the premises, renters insurance covers contents only (not the structure of the building). The policy that you buy will specify the meetes and bounds of what is covered. It is important that you list on the application or other document tendered by the agent, the items that you wish to insure. The value of the items will determine the amount of coverage that you buy.

If you are buying the insurance with your roomate, be sure that both of you are shown to be insureds on the policy. Keep in mind, though, that if you part ways, the policy may have to be altered for the person who moved because the risk has changed (the property insured will be relocated to a new location).

Get receipts, photos, and descriptions ready for each of the items, especially the expensive items, and tell your renters insurance company that you want to add additional items to your renters insurance policy.

Yes. there is renter's insurance that offers optional "Involuntary Unemployment" insurance coverage.

The insurance cost for a retail store will vary depending on a number of factors. An average retail store will pay premiums of $500 to $2,500 per year based on the business worth.

Very few homeowner insurance companies will insure you if you have a trampoline. NJ Manufacturers does not provide policies due to the liabilities that trampolines impose.