Hot Tip: Tenants’ Renters Insurance Is a Must

With winter months ahead, renters should make certain they have a contents insurance policy that covers fire damage. According to the U.S. Fire Administration, residential fires are more prevalent in winter months than in spring or summer months. A residential fire can completely destroy a home and all of its contents. RentersInsurance.net discusses the importance of having a comprehensive policy. Residential fires are more common in winter months partly because of the increased number of cooking and heating fires. As the cost of heating homes increases with the colder temperatures, people will turn to using fireplaces, wood stoves, space heaters and other cheaper alternatives to expensive utilities. Although these are valuable options, they do come with major risks that are preventable. Safety precautions should always be taken to avoid residential fires. Fires are detrimental to a home. If the entire complex and contents are not destroyed by the flames, they likely will be by smoke or water damage. Many people who rent think their personal belongings are covered by their landlord’s insurance policy; however, this is generally not true. Unless a landlord has a specific rider in their policy that covers their tenant’s contents and belongings, the responsibility of replacing the items is that of the renter. This is why a contents insurance policy is necessary. Replacing all the items inside a home is expensive. A renter should consider the cost of their computers, televisions, DVD players, electronics, furniture, kitchen appliances and supplies, clothing, jewelry, and other items that would need to be replaced. Most people cannot afford to do so without assistance from a contents insurance policy. Standard renters insurance policies cover 16 types of perils, one of which is fire. A general policy covers the following: fire or lightning, windstorm or hail, explosion, riot or civil commotion, damage caused by aircraft, damage caused by vehicles, smoke, vandalism or malicious mischief, theft, volcanic eruption, falling objects, and weight of ice or snow or sleet. They also cover specific water damage, plumbing damage, and electrical current damage. These items all are covered on a standard policy for the average of $10 to $20 a month.

Joyce Corsi Hazen, REALTOR®, CNE, SFR
Long Realty Arizona Properties
Member of the Peoria Chamber of Commerce
Cell:  602-284-9822
Office:  623-209-2400
Fax:  623-505-4346
Toll Free: 877-477-2578 (U.S only)
Website:  www.JoyceHazen.com
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About Joyce Hazen, REALTOR, CIPS, CNE, SFR

An Arizona and Greater Metropolitan Phoenix Realtor, I am a full service professional with an International Designation, CIPS, who works with Buyers, Sellers & Investors all around the world. I have experience in both the residential and commercial communities. In addition, as a Certified Negotiation Expert I work my hardest to utilize my negotiation skills to benefit all clients. I also speak French, English and Italian. Originally from Canada, having moved to the Valley in 2000, I pay special attention to your personal individual needs and desires, to find you the home, land, or building that you’ve been dreaming of. Real Estate has given me the privilege of working with so many wonderful people and with my knowledge, tools and skill set I have been fortunate to realize that individual needs change from person to person, business to business, culture to culture, and that every request is important to you. For that very reason, when I embark on a journey, I work closely with you, whether you are buying or selling a home or commercial space, whether it is a tradition sale, short sale or foreclosure. I will help you as I am highly motivated, results driven and have taken time to research the marketplace, trends and opportunities to know how to best serve you. With my experience, culture and languages, you can rest assured that your best interests are my priority. I will help you find the home or property of your choice and professionally negotiate on your behalf. It is for these reasons that so many of my clients refer me to their friends and families. The Valley of the Sun has been one of the fastest growing U.S. metropolitan communities, Phoenix has grown tremendously over the past couple decades. Financial Institutions are working with Americans, offering terrific mortgage deals, as well as with foreign investors who are interested in purchasing second homes… the opportunities are endless. My mission and goal is to provide you with superior service. Welcoming new residents to Arizona including Americans and International clients who want to relocate permanently, a home away from home or to escape cold winters, is a pleasure! I enjoy meeting new people and always set my goals high and strive to achieve them. If you’re ready to search for the perfect property, I am here to show you the very best homes that meet your criteria.
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