Pros & Cons of Esurance Renters Insurance
Compare the benefits and drawbacks of Esurance:
How Much Does Esurance Cost?
To offer you an thought of what the typical policyholder would pay, we known as an Esurance consultant to obtain a quote. Here’s a quote for a single-family home in Richmond, Virginia:
Your Esurance renters insurance coverage deductible can be $250, $500, $1,000, or $2,500.
Before calling to get your quote from Esurance, have the next private info prepared for a fast quote course of:
- Address
- Social safety quantity
- Date of delivery
- Email deal with
- Desired coverage date
- Type of rental
- Number of individuals residing within the unit
- Number of pets
Esurance Renters Insurance Discounts
Esurance solely gives one low cost, which is utilized in some states the place clients bundle renters and auto insurance coverage with Esurance.
Esurance Renters Insurance Coverage
Esurance renters insurance coverage protection protects you and your home from the next:
- Fire or lightning
- Windstorm or hail
- Explosions
- Smoke
- Vandalism, theft, and housebreaking
- Falling objects
- Wright of ice, snow, or sleet
- Freezing
- Volcanic eruption
With a renters insurance coverage coverage from Esurance, you and your rental unit will obtain protection within the following 4 areas:
1. Personal Property Coverage: While your landlord has insurance coverage to cowl the building construction of your rental, this helps cowl the cost of things contained in the home that want restore or alternative attributable to a coated occasion. For instance, if somebody breaks into your home and steals a few of your belongings, private property protection will cowl the cost of the gadgets.
In the quote we obtained, Esurance coated $30,000 for private property.
2. Personal Liability Coverage: If somebody is injured in your home, private legal responsibility protection offers safety from potential authorized motion taken towards you.
In our quote, Esurance coated $100,000 for private legal responsibility.
3. Coverage for Medical Payments to Others: If somebody is injured in your property, this protection helps pay their medical payments as much as a sure restrict. This protection normally doesn’t prolong to you or different members of the home.
Our Esurance quote included $1,000 per person for medical funds to others.
4. Loss of Use Coverage: Loss of use safety covers the extra residing bills you incur in the event you’re unable to remain in your present rental unit attributable to a coated occasion or catastrophe. For instance, if an object falls in your home and renders it uninhabitable, lack of use protection would assist cowl the prices of a lodge room whereas your home is being repaired.
Esurance Range of Coverage
Here’s how a lot protection you should purchase for every safety class based mostly on Virginia location info:
Esurance Bonus Coverage
To make your renters insurance coverage protection extra complete, Esurance permits for the next two coverages to be added to your plan at a further cost:
- Personal Property Replacement Cost: Replacement cost worth (RCV) takes under consideration the worth of your merchandise on the time of buy, ignoring depreciation. Actual cost worth (ACV), however, takes the merchandise’s worth on the time of buy minus depreciation. With private property alternative cost protection, the worth of your gadgets won’t lower with age.
- Special Computer Coverage: Although listed as optionally available protection, Esurance doesn’t go into element on what the protection entails. For most renters insurance coverage corporations with related optionally available protection, clients can elect to obtain elevated protection quantities on their home laptop.
Esurance Renters Insurance State Availability
Esurance is available within the following 21 states. Click in your state to see extra suppliers available in your space.
Alabama | Arkansas | Georgia | Idaho | Illinois | Indiana | Iowa | Kansas | Louisiana | Missouri | Nebraska | New Jersey | Ohio | Oklahoma | Oregon | South Dakota | Tennessee | Texas | Utah | Virginia | West Virginia | Wisconsin
How to File a Claim with Esurance
Esurance gives normal customer support by way of the cellphone at 1-800-378-726 day by day from 6am till 12am CT. Additionally, Esurance permits clients to achieve out with normal questions through e-mail or social media.
For present clients who wish to file insurance coverage claims, Esurance is available on-line or by way of the cellphone at 1-800-378-7262, 24 hours a day, seven days per week. Customers may view claims info and call claims representatives by way of the Esurance cell app.
Our Conclusion
Esurance renters insurance coverage gives policyholders run-of-the-mill protection at an above common value. The quoting course of is brief and easy, giving clients pricing and protection particulars inside minutes.
However, Esurance doesn’t present many optionally available protection choices or reductions and requires you to enter your social safety quantity when getting a quote. Additionally, Esurance didn’t deal with our quote personally, however relatively despatched us to a third-party known as Homesite, which underwrites a few of their insurance coverage insurance policies.
If you’re unsure whether or not Esurance is best for you, contemplate getting quotes from just a few completely different suppliers to match protection and pricing:
Esurance vs Other Top Renter Insurance Providers
If you’re unsure whether or not Esurance is best for you, examine it to different top-rated renters insurance coverage corporations under.
Company Overview
- Company Name: Esurance Insurance Services, Inc.
- CEO: Jonathan Adkisson
- Years in Business: 21
- U.S. States Covered: 21
- Address: 650 Davis Street
- City/State: San Francisco, California
- Zip Code: 94111-1904
- AM Best Financial Strength Rating: A+
*AM Best rankings correct as of August 2023