Happy young couple

Why Would Anyone Need Renters Insurance?

Renters insurance is an easy thing to blow off, however it is also one of the easiest and least expensive policies to buy. It typically insures a tenant’s personal belongings from damage or theft. There is also coverage for additional living expenses if your home is damaged, medical expense coverage for treating others’ injuries on your premises, and protection for renters from personal liability claims. It is similar to a homeowners policy, therefore you may be eligible for a discount on your renters and auto policies if we write them with the same company.

Coverages:

  • Personal Belongings
  • Additional Living Expenses
  • Medical expenses for treating others
  • Liability

Common Renters Insurance Myths:

Renters insurance is too expensive. Not true; the standard policy is around $120 +/- annually.

My landlord’s policy covers me. Not true; generally the landlord’s policy covers just the building itself.

My landlord is liable if someone is injured in my apartment. Not true; that event is usually excluded.

In other words, renters insurance is worth it!

To find out more about our services, please contact us at 877-960-1457 or get a free quote by filling out our web form.

Welcome to F.A. Peabody Insurance – Maine Insurance Specialists

Whether you buy insurance online or in person, F.A. Peabody Insurance is more than just a Maine insurance agency. F.A. Peabody Insurance agents are Maine insurance specialists offering personal and commercial insurance products, niche insurance lines such as affinity plans, trucking and logging insurance, group benefits and bonding. Because of our wide selection and 10 locations throughout the state of Maine we can better serve our wide variety of customers.

F.A. Peabody Insurance knows every customer is unique, so we have worked tirelessly to offer a diverse product line and educate our Maine insurance specialists to better serve you! Founded in 1927 we have been offering this personal touch to all of our clients for over 90 years. With offices in Houlton, Hampden, Westbrook, Presque Isle, Caribou, Calais, Lincoln, Sherman, Madawaska, and Mars Hill, and the ability to quote online, we have all of Maine covered.

Whether you need affordable insurance in Bangor, Portland or anywhere in Maine, contact F.A. Peabody Insurance today to let us begin earning your trust.