Megan Fox stars in the music video for Eminem’s hit song “Love the Way You Lie” featuring Rihanna. The song has won critical acclaim for both Eminem and Rihanna, who recently performed their hit on stage at the MTV Video Music Award Show.
Megan Fox stars in the music video for Eminem’s hit song “Love the Way You
Lie” featuring Rihanna. The song has won critical acclaim for both Eminem and
Rihanna, who recently performed their hit on stage at the MTV Video Music Award
Show. Megan Fox is first seen in the video with flames dancing on the palms of
her hands. Then throughout the music video the house is seen engulfed in flames
while Eminem and Rihanna sing in front of it. For renters that are wise enough
to secure renters’ insurance, if there is ever a fire that affects apartments in
Lewisville, TX, or any other area, they will know that their belongings will
be replaced.
There are a lot of misconceptions and lies being spread
about renter’s insurance for Lewisville
apartments and apartments around the country. Despite what many renters
believe and say, renter’s insurance should be just as much of a necessity as
electricity and running water. Here are some truths about renter’s insurance and
a basic guide understanding how it works
Lie #1: Renter’s insurance is
too expensive
Contrary to what you have heard, renter’s insurance doesn’t
have to be expensive. In fact, you may not realize how much it would cost you to
replace all of your personal effects in the event of an apartment fire, but I
assure you renter’s insurance is a bargain by comparison. In addition, there are
many ways to take advantage of discounts in order to lower your premium. If you
currently have auto insurance, you should ask your agent to quote you the price
for adding $30,000 to $35,000 worth of renter’s insurance. By going through the
same insurance company, there is usually a multi-coverage and/or multi-policy
discount that can lower your premium. Also, just as with any other type of
insurance you should get several quotes to compare. Be sure you are comparing
apples to apples in the policy details. Also, ask your apartment management if
they have a preferred vendor that may offer additional discounts for
tenants.
Lie #2: My apartment community’s insurance will cover
me
An apartment complex is covered by their insurance. Their insurance
covers the building, the structure itself, not the property of the tenants
inside. In the event of a flood or a fire, you will not be able to file a claim
for any personal losses that you incur with the properties insurance company. In
fact, some properties require that renters obtain and maintain their own
renter’s insurance policy. Not only will your personal effects, such as
furniture, electronics, and clothing, not be covered by the property’s
insurance, but you will also not have any options for recovering additional
living expenses in the event that you’re displaced if your apartment because
unlivable. This means that you will not have insurance to assist you in paying
to live somewhere else until you’re able to move back into your
home.
Basics of Renter’s Insurance
The basic renter’s insurance
covers losses of personal property due to any of the following reasons:
•
Fire or lightning
• Windstorm or hail
• Explosion
• Riot or
civil commotion
• Aircraft
• Vehicles
• Smoke
•
Vandalism or malicious mischief
• Theft
• Damage by glass or other
safety material from a building
• Volcanic eruption
• Falling
objects
• Ice, snow, or sleet (weight of)
• Water-related damage
from home utility
• Electrical surge damage
In addition to the
standard coverage, you can obtain a rider to cover flood or earthquake damage.
You will also want to know the difference for a policy that covers actual cash
value (ACV) and one that covers replacement cost value (RCV). RCV will pay
provide a cash equivalent payment to your for damaged items for what it will
cost to replace that item. ACV will only provide payment for what the item that
needs to be replaced was worth, considering any depreciation since you purchased
it. RCV will require higher premiums, but will pay out more for a claim. Also,
be sure to notify your insurance company of any extraordinarily valuable items
that you have in your home in order to make sure that you will be able to
recover the full value if there was any damage to that item.
Nick Barber is a licensed real estate broker and the
President/CEO of UMoveFree; one of the largest apartment finding firms
in the multi-family industry. Visit UMoveFree.com for more information
on Apartments in Lewisville, TX. Need more information on Lewisville Apartments or want to learn how you can UMoveFree reviews?
