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Extra Protection With American Integrity

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During October, we’ve introduced you to one of our trusted partners, American Integrity. Not only does American Integrity offer programs for small boat owners and owners of high value homes, they also write coverage for more modest homes, condos, manufactured homes, renters insurance, and more, including:

Coverage for rental properties. If you own rental property, American Integrity writes DP-1 and DP-3 policies.

Umbrella policies.

Cyber attack coverage. In conjunction with a homeowners or renters policy.

Golf cart coverage.

Home Systems Protection. This policy covers repairs or replacement when certain home systems, such as your central air conditioning or conventionally installed water heater, break down and cause physical damage. Most standard homeowners policies don’t cover this kind of damage. Home Systems Protection is included in their Silver, Gold, and Diamond Reserve endorsements for your homeowners or condo insurance, or can be purchased as stand-alone coverage under certain programs.

Identity theft insurance. This coverage includes identity restoration case management as well as reimbursement for the expenses you face when restoring your identity. This coverage is also included in American Integrity’s Silver, Gold, and Diamond endorsement bundles, or as stand-alone coverage for a $25 fee in conjunction with a standard homeowners insurance policy.

Don’t forget the discounts!

American Integrity also offers many different types of discounts, including discounts for newly-built homes (within the past five years), alarm systems, secured communities, recent updates to your roof and/or other major systems like electrical or plumbing—even a discount if the policyholder is 55 or older. Be sure to consult with your L & M Insurance Group agent to see if you’re receiving all the discounts you’re entitled to.

If you have any questions about American Integrity, or any of our other carriers, please call L & M Insurance Group at 813-672-4100 (or click here to email us). As your local independent insurance agency, we want to help you find the insurance coverage that will give you financial peace of mind. 

Think You Don’t Need Renters Insurance? Think Again!

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Renters Insurance in Brandon, Riverview, Tampa, and Florida

Renters Insurance Brandon, Tampa, Riverview Florida

Renting a place rather than buying can make good financial sense for many reasons. But what if a fire destroys your apartment, or a leaky roof saturates your furniture? Who would pay for your damaged belongings? If you think it’s your landlord, think again.

A 2016 survey indicated that while 95 percent of homeowners carry homeowners insurance, only 41 percent of renters carry renters insurance. This could be a big financial mistake. Here are four reasons renters insurance is a good idea for most people.

Renters insurance covers your belongings

To make sure your policy limits are adequate to replace your belongings, create a home inventory and add up the cost of replacing your major items, then double it. We recommend that you carry replacement cost rather than actual cash value. (Replacement Cost: what it would cost to replace your item with a comparable brand new item. Actual Cash Value: the value of your item, less depreciation.)

Renters insurance protects your liability

What if one of your friends trips and falls and breaks her arm? Or maybe your friend’s iPhone is stolen while he’s at your house for a party? Renters insurance has you covered. Most renters insurance policies come with $100,000 liability coverage. You may want to discuss with your L & M Insurance Group agent whether this is enough. Most of the time, it only costs a little more to raise your limits.

Renters insurance is cost effective

Since a renters insurance policy doesn’t cover the structure itself, the actual cost is fairly low. In fact, the average cost of a renters insurance policy is about the same per month as the cost of having a pizza delivered! This is just a fraction of the cost of replacing all your belongings if they’re damaged or stolen, or defending yourself against a lawsuit if someone is injured at your home. Check with your agent about discounts for safety features like a burglar alarm or sprinkler system to further lower your cost.

Renters insurance helps with additional living expenses

If you can’t live in your rental after a covered loss, your policy may help pay reasonable costs of temporary lodging while it is being repaired. Check your policy for financial and duration limits. We specialize in rental insurance in Brandon, Riverview, and Tampa but serve all of Florida.

Please give us a call at 813-672-4100 if you have any questions about renters insurance, or if you’d like a quote. We’re here to serve you.