clock September 26, 2013 comments No Comments flowchart Homeowners InsuranceOur Blog tag Renters

Getting your first apartment is one of the most exciting hallmarks of becoming an adult. However, before you start picking out rugs and posters, there are some important things to consider.

Before you even start perusing the classifieds, make sure you have put together a budget. Sit down and figure out how much you’ll be spending on food, transportation, miscellaneous expenses, and fun. This will help you understand how much you can spend on rent each month. If your budget is stretched a little thin, or you just like to have people around, think about getting a roommate or two. This can be a great way to cut costs and make friends in a new place.

Location is everything when you’re looking at real estate. Do you want to be in the middle of it all, or in a quiet neighborhood? Is the location close to your job or school? Does it have easy public transit access? Does it fit into your budget? Think about what you need and want in a neighborhood and narrow your search down to a handful of areas.

Know your Lease
When you’ve found the perfect place and it’s time to commit, make sure you know exactly what you’re getting into. Read through the lease and discuss any questions with your potential landlord before signing. Leases can cover everything from how long you’re locked into renting to whether you can paint your kitchen bubblegum pink. However, know that the lease isn’t everything- if you run into a problem with your renting situation, you might be protected under tenant rights laws.

Renter’s Insurance
It might not be the first thing on your mind as you carry boxes into your new place, but renter’s insurance can protect you and your stuff. While policies vary, most protect your belongings in case of theft, fire or other disaster. Policies are surprisingly affordable, and bring peace of mind in knowing that you won’t have to pay to replace everything you own.

Some apartments may include utilities in the rent. If they don’t, you’ll have to set them up on your own. Depending on your location and landlord, you might have to set up accounts with local companies for electricity, gas, water or trash pickup.

As your trusted agency, we want to make sure that your big move goes as smooth as possible. We hope that these quick tips come in handy as you begin your search.
To learn more about the renters insurance solutions that we can offer, please reach out to our agency.