Securing Your Home with Deans & Homer Renters Insurance

Renting an apartment or house comes with certain risks. Damage to your possessions can happen in an instant, whether from fire, theft, or other covered disasters. Having renters insurance is essential to protect your financial interests. Deans & Homer offers customized renters insurance policies designed specifically for apartment communities and multi-family housing.

Overview of Deans & Homer Renters Insurance

Founded in 1856, Deans & Homer is a leading insurance provider specializing in commercial property and specialty programs. The company partners with prominent “A”-rated carriers to offer renters insurance tailored to the needs of apartment residents.

Some key features of Deans & Homer’s renters program:

• Pre-approved residents – All residents of partner apartment communities are pre-approved for coverage.

• Real-time tracking – Automated reporting provides real-time tracking of resident’s insurance status.

• Same-day issuance – Policies can be issued the same day, speeding up the leasing process.

• Multiple residents – Option to include multiple residents in the same apartment unit.

• Direct claims handling – Deans & Homer handles all renters insurance claims directly.

• Flexible limits – Standard $100,000 liability coverage can be increased. Property limits from $15,000 to $75,000.

• Deductible options – $250 and $500 deductibles available.

Benefits of Renters Insurance

Renters insurance provides important financial protections that every tenant should consider:

• Covers possessions – Protects against loss/damage to personal property from perils like fire, lightning, theft, and windstorm.

• Liability protection – Covers injury to others or damage to their property that occurs in your rental. This includes slip and falls.

• Additional living expenses – Pays for hotel, food, and other costs if you are displaced from your rental due to a covered loss.

• Medical payments – Provides limited medical expense coverage for others injured on the rental premises.

• Worldwide coverage – Protects belongings even when traveling or temporarily removed from the rental unit.

• Easy claims process – Deans & Homer handles the claims process directly for faster resolution.

Why Renters Need Insurance

Some tenants mistakenly believe their landlord’s insurance will cover their possessions. But property owners’ policies only insure the building itself, not tenants’ personal items. Without renters insurance, tenants risk severe out-of-pocket costs for losses.

Renters insurance also fills coverage gaps left by other policies. For example, if possessions are stolen out of your car, your auto policy likely wouldn’t cover them. Or if your laptop gets damaged during a trip, homeowners insurance may not pay for it. Renters insurance protects your property worldwide.

With liability limits starting at $100,000, renters insurance can be a financial lifesaver in the event an injury claim is filed against you. The policy provides a legal defense and covers judgements up to the liability limit.

Deans & Homer Renters Insurance Eligibility

To be eligible for Deans & Homer’s renters program, the following criteria must be met:

• Professionally managed apartment community

• Residential building age of 20 years or less without major updating

• Well-maintained property with no hazardous conditions

• Lease requires tenants are financially responsible for possessions/actions

If your rental home or apartment community meets these basic eligibility standards, you can likely qualify for a Deans & Homer renters policy. The company partners with pre-approved property management firms to streamline the underwriting process.

How to Obtain Coverage

Obtaining Deans & Homer renters insurance is quick and convenient:

Existing residents – Check with your on-site leasing office. They can guide you through the application process and verify any required documents. Coverage can often be added to your current lease.

New residents – Inquire about renters insurance when you apply to rent the apartment. The leasing agent can add it to your lease paperwork. The cost may be included in your monthly rent payment.

Apply online – If your rental community is eligible, you can get an instant quote and purchase a policy on Deans & Homer’s website in minutes.

Policy Options & Customization

Deans & Homer allows tenants flexibility in customizing coverage to meet their specific needs:

• Liability limits – The standard $100,000 in liability insurance can be increased if higher coverage is desired.

• Property limits – Personal property coverage ranges from $15,000 to $75,000 depending on the state. Select limits sufficient to cover all your possessions.

• Deductibles – Opt for a $250 or $500 deductible. Higher deductibles reduce the policy cost but mean you pay more out-of-pocket per claim.

• Worldwide coverage – Policies automatically cover belongings anywhere in the world, with higher sub-limits for certain items.

• Additional living expenses – Increase this coverage if you feel you may need more for temporary housing.

• Scheduled items -separately insure specialty items like jewelry, musical instruments, bicycles, etc.

Bundling for Added Savings

If you already have an auto or business owners policy through Deans & Homer, bundling your renters insurance with them can qualify you for multi-policy discounts. Adding renters to existing policies provides the convenience of working with one agent for all your insurance needs.

Deans & Homer also offers competitive group rates for eligible apartment communities with multiple tenant policies.

Premium Cost Factors

Your exact renters insurance premium at Deans & Homer depends on these key factors:

• Location of the rental property
• Selected liability and property coverage limits
• Selected deductible amount
• Discounts for which you qualify
• Claims history
• Credit-based insurance score

Using Deans & Homer’s online quote tool allows you to compare premiums for different policy options and limits. This enables you to find the optimal balance of premiums and coverage.

Claims Process Overview

Deans & Homer encourages tenants to take pictures/videos and keep receipts for all belongings to accurately value them if a claim occurs.

To start a claim:

• Document damage and protect property from further loss.

• Notify your leasing office and have repair/estimates done.

• Call Deans & Homer or login online to submit the claim.

• Provide information on what was damaged/stolen and estimated loss amount.

• An adjuster will contact you to investigate and settle the claim.

Deans & Homer has a reputation for fast claim payments, often within days for straightforward claims. With their extensive experience, the claims process is hassle-free.

Why Choose Deans & Homer?

There are many good reasons to trust Deans & Homer with your renters insurance needs:

• Industry experience – Protecting rental homes since 1856. Deep expertise serving apartment communities.

• A-rated carriers – Policies issued by prominent carriers with excellent financial strength.

• Superior service – Dedicated support team provides personalized assistance.

• Streamlined process – Pre-approval and same-day issuance delivers convenience.

• Rave reviews – Consistently earns high marks for customer satisfaction.

• Stability and trust – Financially sound company known for keeping promises.

• Proactive protection – Helps identify risks and prevent losses.

For renters seeking a quality insurance provider they can depend on, Deans & Homer’s customized renters coverage offers an optimal solution. Their combination of robust policies and outstanding service provides tenants peace of mind and excellent value.

Getting a Free Quote

Ready to protect your possessions and enjoy peace of mind? The quick and easy way to get started is by requesting a free renters insurance quote from Deans & Homer.

In just minutes you can compare policy options side-by-side and find an affordable premium tailored to your specific rental situation. Either apply online or enlist the help of their friendly insurance advisors.

Don’t wait until it’s too late – get covered with Deans & Homer renters insurance today!