Why do I need renter's insurance?

Why do I need renter's insurance & how much coverage should I choose?

Replacing all of your stuff can get extremely expensive. Renter’s insurance is important coverage to help you replace your personal possessions in the event of a loss. Consider all the moveable property you own in your home - clothing, furniture, electronics, dishes & kitchen stuff. Go room by room. Imagine if you had to go out and purchase everything again because of a fire - how much would it cost? That's the amount of coverage you should choose. SmartBunny's Renter's policy provides a 'Replacement Cost' basis of settlement, meaning your belongings will be replaced with new items (of similar kind and quality) if they're destroyed or stolen (up to the dollar limit of coverage you select).

What will the liability coverage do?

Liability insurance protects you if you are sued for injuries or property damage that happens to someone else and can help pay your legal bills. For example, what if someone falls and injures themselves while visiting you? Even if that person is not badly injured, they can sue you personally for damages, including medical costs, as well as pain and suffering and lost wages in some states! SmartBunny's $100,000 liability coverage is a great way to protect yourself from the unexpected.

Are there any special limits of coverage for certain types of property I own?

Yes, this is common for most Renter's policies. SmartBunny's Renter's policy provides special limits due to theft and burglary coverage for watches, jewelry, firearms, business property, and items that are temporarily away from your home. Check the policy wordings for the full list.

Can my roommate and I get one policy to cover both of us?

We offer single and family policies. If you have an unrelated roommate, they must buy their own policy to have coverage.

When does the policy expire?

The coverage renews monthly and continues until it is canceled.

Who underwrites this policy?

Renter's Insurance is underwritten by Sutton National Insurance Company, rated A- (Excellent) by AM Best, and is managed by Millenial Specialty Insurance (MSI). The policy is  produced by SmartBunny Insurance Services Inc, a licensed insurance agency.

How do I report a claim?

To report a loss, you should notify MSI by calling (844) 788-0873, email claims@msimga.com, or on their website MSI Website.

For more information, to obtain a quote, or to buy a renter’s insurance policy, download the SmartBunny mobile app! You can get your quote in about 60 seconds. Prefer to talk to one of our fully licensed agents? You can reach us via live chat, by email at support@smartbunny.com, or by phone at 888-388-0009. Our agents are available Monday thru Friday from 6 am to 6 pm PST.