Do You Know The Value Of Your Belongings?

FOR IMMEDIATE RELEASE
Atlanta, Georgia, United States of America (Free-Press-Release.com) October 18, 2011 -- No matter the time of year, renters should always ask themselves this simple question: If my apartment suffers severe damage due to a storm, burns down, or is burglarized, would I have money to replace my personal belongings?

Most renters don’t realize their landlord’s insurance covers only the building structure and does not cover tenants’ possessions. Well, for about the price of a large pizza per month, you can protect all of your valuables. Renters insurance is available to protect personal belongings from fire, theft, vandalism, and damage from faulty plumbing.

Renters insurance also can cover more than personal belongings. Options are available to cover the renter if a guest is injured while in the apartment or if the policyholder or family member causes damage to another property. There are also options to cover reasonable increases in certain living expenses necessary to maintain your normal standard of living, for up to the amount of time specified in the policy, if a covered loss makes your residence uninhabitable.

“Most people need to be educated about the advantages of renters insurance,” said Allstate spokesman John Heid. “Renters are surprised to learn just how much they risk losing without proper insurance for both their personal belongings and personal liability.”

Allstate Insurance Company wants you to become familiar with the facts about protecting yourself and your property in a rental situation:

• According to recent FBI statistics, 70.3% of all burglary offenses occurred in homes, condos, or apartments, with an average loss of $2,079 per burglary.
• Renters insurance may cover you against theft both at home and away from home. This coverage includes protection against robbery, pickpocket theft, and even credit card loss, forged checks, and counterfeit money.

• Discounts are available to renters who are age 55 or older, and to those whose dwellings have a protective device, such as fire extinguishers, smoke alarms, burglar alarms, and dead bolt locks. This includes a discount to renters who live in buildings that provide 24-hour security personnel.
• You can increase your coverage for certain losses based on your individual needs, such as for jewelry, silverware, and personal computers.

Coverage and discounts are subject to availability and qualifications. Other terms, conditions and exclusions may apply.

For more information on renters insurance, contact your local Allstate agent.

About the Allstate Corporation

The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer known for its “You’re In Good Hands With Allstate®” slogan. Now celebrating its 80th anniversary as an insurer, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®.

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