| Copyright: | Business Wire | | Source: | Business Wire | | Wordcount: | 380 |
Business Editors/Insurance Writers
WASHINGTON--(BUSINESS WIRE)--November 14, 2008--GEICO understands that renting a first apartment or home is an important milestone. With all of the excitement surrounding the big move, it’s easy for first-time renters to overlook safeguarding their personal belongings. Renters need to understand that their possessions are not insured under a landlord or commercial policy, but GEICO is here to make sure they are protected.
“For as little as $12 per month, renters can protect their valuable items and other personal property in the event of theft, fire or even wind damage from a hurricane,” said John Zinno, GEICO assistant vice president.
A landlord or commercial policy only covers the physical dwelling of the building. It’s the renter’s responsibility to protect their belongings such as electronics, furniture and clothes.
A renter’s policy also includes liability protection to cover damages for unintentional bodily injury or property damage to another person. “For example, you have some friends over and one of your guests has a fall,” explained Zinno. “Medical payments, if necessary, would be covered up to the policy limits.” A renter’s insurance policy through GEICO may even pay for the renter’s legal defense in these circumstances.
GEICO provides customers with a variety of insurance coverages including homeowners, RV, boat, motorcycle, classic auto insurance and much more.
For more information or an easy rate quote on renter’s insurance, visit GEICO.com or call 1-877-609-5669.
Renters, homeowners and boat coverages are written through non-affiliated insurance companies and is secured through Insurance Counselors Inc., the GEICO Property Agency, doing business under the name GEICO Insurance Agency in CA, MA, MI, NJ, NY, OK, SD, and UT.
GEICO (Government Employees Insurance Company) is the third-largest private passenger auto insurer in the United States based on the latest 12 months written premium. It provides auto insurance coverage for nearly 8.5 million policyholders and insures more than 14.4 million vehicles.
As a member of the Berkshire Hathaway group of companies, GEICO is rated A++ for financial stability by A.M. Best Company and ranks at the top of several national customer satisfaction surveys. For more information, go to http://www.geico.com.
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