Why buy renters insurance in Ohio?
Blizzards
Blizzards can severely impact most of the Midwest and Northeast region of the United States, including Ohio. In January 1999, a major blizzard hit portions of the Midwest, producing 22 inches of snow in Chicago. The blizzard the second worst blizzard of the 20th century by the National Weather Service. The surrounding areas within Illinois, Michigan, Indiana, Wisconsin and Ohio experienced over 15 inches of snow. In 1996, a blizzard piled on 20 inches of snow in New York City, and damage costs to the New York area were estimated at $1 billion.
Theft
U.S. Department of Justice's Bureau of Justice Statistics reports that rented households were burglarized at rates 79 percent higher than owned households. In 2001, the bureau reported that rented households experienced 210 property crimes per 1,000 households nationwide, while owned households experienced only 146 property crimes per 1,000 households. In 2004 alone, 424,892 burglaries occurred in the Midwest according to statistics reported by the Federal Bureau of Investigation. As you can see, the most common threat to an apartment unit in the nation, as well as in Ohio, is burglary. Unfortunately, your apartment community's insurance policy does not insure your personal belongings lost due to theft. Do not let fences or gates at your community mislead you to think you are safe from burglary, since the main purpose of gates or fences for most apartment properties with relatively low crime is to provide the sense of exclusivity and privacy.
Renters Insurance Provider
Balboa Insurance Services is dedicated to being your premier provider of insurance choices and solutions. Your personal property is a valuable asset. Computer and stereo equipment, televisions and other household items are expensive to replace if they are damaged or stolen. While these personal possessions are not covered under your landlord's insurance policy, you can protect them with Renters Insurance from Balboa.
 |
