Assurant Renters Insurance Review: Can You Trust Their Insurance Policies?

Let's start with a brief overview. 

Founded in 1892, Assurant is a deeply grounded insurance company that offers a variety of coverage choices, including renters insurance. Assurant's renter's insurance protects your personal belongings in case of damage, theft, or disaster. It also covers liability in case somebody is injured in your rented space. Assurant is most popular for its extensive variety of specialized insurance items, including cell phone, flood security, and appliance insurance. With over a century of experience, Assurant can be trusted in the industry by offering reliable coverage across the US.

The following are what I thought were the main pros and cons:

 

Pros

 

·       24/7 claims reporting

·       Solid monetary strength

·       More than a hundred years of involvement with the protection business

 

Cons

 

·       High volume of client grievances recorded through the BBB

·       Reports of exorbitant costs contrasted with different transporters

 Now let’s look at some of the main features that make it stand out from the rest:

Unique Coverage Options

Assurant stands out with its renters' insurance strategy by offering coverage for bedbug damage and extermination, which is not regularly included by different insurers. Additionally, it gives replacement cost coverage to personal belongings, ensuring you are repaid for the full expense of replacing things rather than simply their depreciated value.

Quick and Easy Quotes

Assurant makes it easy to get an estimate for renters insurance. Their site lets you quickly generate a statement, giving you a clear idea of your pricing without waiting for an extensive cycle or agent intervention.

So, the following are who it’s best suited for:

·       Renters in need of specialized coverage

·       Those who value convenience

My overall verdict.

I like that Assurant offers unique coverage options, such as bedbug damage and replacement costs for personal belongings, which separates it from many different insurers. The ability to quickly get a statement online is also a big plus. On the disadvantage, I've seen a few client complaints and the lack of a guaranteed claims reaction time, which could worry some. Overall, I think Assurant is a strong decision for those looking for specialized coverage and a straightforward cycle, however, it probably won't be the best fit for everybody.