https://padlet.com/reid14aaa/hm2zej45laav Reid Webster Assignment #2 en-us 2019-03-31 20:57:20 UTC 2019-04-02 02:31:56 UTC hello@padlet.com reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/346949999
Hello my name is Reid Webster and for assignment #2 I will be presenting information on Renters Insurance. You can expect to find information on what this insurance covers, pricing, and other things to consider when purchasing. I have learned a great deal about renters insurance while creating this wall. I hope you will also learn from the websites, videos and images that will follow.]]> 2019-03-31 21:00:25 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/346949999 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/346951445      My first website covers the 3 coverages that renters insurance offers you, which are your belongings, living experiences, and liabilitie claims. It then goes on in detail about how much coverage is available in each category and what dollar values you can expect to see associated with it. Finally you can also get a quote from RBC.
     I have included this website because it has great information on what they will cover and to what extent. I found it interesting that you can get a quote on your rental within minutes. This would be very helpful if you are considering insurance and looking for your best option.]]> 2019-03-31 21:12:45 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/346951445 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/346951932      This website helps you to understand basic renters insurance. It covers many topics that are important when considering and purchasing renters insurance. Some of the topics it covers are why you may need it, what is covered, and the cost on the insurance based on you personally.
     I chose to include this website because I found it was easily understood and gave all the basic information on why it is important to consider renters insurance. One interesting thing that was stated on this website was that most landlords will require the renter/tenant to have insurance, this will be stated in the lease agreement. 

]]> 2019-03-31 21:17:05 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/346951932 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/346955213      In this video it makes the viewer aware that stolen or damaged items or covered under personal property, injury or lawsuits are covered under liabilities, and hotel rentals and or other living expenses due to fire or floods are covered under living expenses. Based off this information it is now easier for renters to pick their coverage. It also states that there will be deductibles based on your claim.
     I chose this video because it goes into further detail about what is covered under each section of the insurance policy. They’re different levels of coverage based on how much you want to spend. I found it interesting that they stated there is no set deductible but rather a deductible based on the degree of your claim.]]> 2019-03-31 21:41:13 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/346955213 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/346955375 This image basically shows what renters insurance is in a very simple but effective way. The 3 Main coverages that are associated with Renters Insurance are plainly shown in this image. ]]> 2019-03-31 21:42:39 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/346955375 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/346976140 The reason I selected this image is because it shows that all your belongings have value. Renters insurance will insure that you have coverage over your belongings, and if something was ever to happen they can be replaced. This is just one of the benefits that come when purchasing renters insurance. ]]> 2019-04-01 00:06:47 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/346976140 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/347001692      On this website it states that young adults that have moved into residents at school may be covered under their parents policy. It also informs the reader that renters insurance can also cover damage to neighboring properties and on upgrades made to the residence. Another key point that was brought up was you should take inventory on you items , to reduce stress if you need to make a claim. 
     I chose this website because it is geared more towards first time and younger renters. The two facts that I found interesting from this website was students in school residence can be covered under their parents. I also found out renters insurance can be as low as $20 a month, this is a reasonable price for young renters that don’t have many belongings.
               ]]> 2019-04-01 02:44:13 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/347001692 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/347012940      This website gives an overview on if you need renters insurance or not, and mistakes that can be made associated with renters insurance. It also says renters insurance is similar to house insurance other than it does not cove the building. Finally it lets the view know that the landlords insurance will not cover your belongings. 
     I enjoyed this website because it made me aware of mistakes that renters make associated with insurance, that I was not able to find on others. A fact that shocked me was that about 50% of renters do not have insurance of any sort. I understand that it can be expensive but when renting a property insurance should be a top priority. ]]> 2019-04-01 03:59:51 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/347012940 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/347430278      In this video it helps the viewer understand the two main types of renters insurance, cash and replacement, and what the pros and cons are. It is also made clear, that renters insurance is not well understood by most people and this causes a low number of people that actually have it, even though it is in expensive. 
     I have included this video because it talks about information that is not covered in any other websites or videos, and talks about it in a way that is easily understood by the viewer. It was not until after watching this video that I learned renters insurance covers more than what’s in your house. Renters insurance can cover many other things such as stollen luggage on a trip or a damaged laptop. If this information was know by more people I’m sure that more renters would be purchasing insurance. ]]> 2019-04-02 00:46:27 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/347430278 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/347435097      During the following video the viewer can expect to find out how renters insurance works. It informs the viewer about what you can expect after making a claim. After a claim, the renter must pay a deductible and the insurance will cover the rest up to your policy limit. Finally it states that renters insurance is not needed unless requested by the landlord.
     The reason for selecting this video was to include one that explains if you need insurance and what happens if you make a claim. I liked that the video informs the viewer that in most cases renters insurance is not required, but is recommended and is a smart move. Even though renters insurance is only required when requested by the  landlord it is always worth getting, to avoid having to pay for what it would have covered out of your pocket.]]> 2019-04-02 01:11:03 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/347435097 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/347439725      This video is unique in the fact that it talks about insurance specific toward students living in school residents. It makes it clear that students that live in school residence are covered under their parents home policy. Even though they are covered, it might be at a reduced rate, this is something that varies with different companies. If you are a student that lives in your own place you will need your own renters insurance. 
     The following video was chosen because I found that is applies more to me and others my age. I found it interesting that if you live on residents you are still covered under your parents. This could be a factor on choosing a place to live if know. Overall I found this video the most helpful for myself.]]> 2019-04-02 01:33:47 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/347439725 reid14aaa https://padlet.com/reid14aaa/hm2zej45laav/wish/347445741 1.  After completing this project I have learned many new things about renters insurance. First off I learned that three things covered by renters insurance are personal property, liabilities, and additional living expenses. I found that even though the cost for renters insurance is as low as $20 a month, only about 50% of people have it. Finally the fact that was the most surprising to me is that students living in residence for school are covered under their parents home insurance. Overall these are the main pieces of information I  have taken from this project.

2.  The reason I selected this topic is because I plan on moving into my first place, which will be a rental. Now that I am aware renters insurance is inexpensive, I will purchasing it for sure. After now researching the topic I believe I can easily pick the correct renters insurance for me, based on my belongings and needs. Finally if it comes to a point were I need to make a claim I will feel comfortable doing so.

3.  The most important thing I can pass on from this is how cost effective it is. You can expect to pay around $20 per month, which is nothing compared to what your  insurance can replace for you. If i can pass this information on to a friend or family member, I believe it will persuade them into not going without renters insurance.]]> 2019-04-02 02:08:49 UTC https://padlet.com/reid14aaa/hm2zej45laav/wish/347445741