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  • Best Cheap Renters Insurance In Missouri | Coverage In Minutes!

    Ever been told you need to sign up for renters insurance and you don’t know where to start?  Well, if you’re part of the 32% of people that rent in Missouri, then you’re in luck!

    We made this quick and easy guide to help you work through the daunting task of buying the best renters insurance in MO. Finding cheap renters insurance quotes has never been this easy, and the application to approval process has never been faster.

    If you’re looking for more than just affordable pricing and are also interested in quality protection from top-rated companies, then keep reading.

    How Much Is Renters Insurance In Missouri?

    The average cost of renters insurance in Missouri is $22 per month or $264 per year. Missouri is one of the most expensive states when it comes to renters insurance trumping the U.S. average of $187 per year by $77 annually when renting an apartment or single-family home.

    Who Has The Cheapest Renters Insurance In Missouri?

    Lemonade has some of the best cheap renters insurance rates in Missouri, and they offer one of the easiest and fastest ways to get renters insurance coverage.

    However, renters should compare rates and policies with multiple companies to ensure they get the best deal for themselves.

    With Lemonade, you can also bundle your homeowners insurance and very soon bundle auto insurance policies as well to get even lower rates on your coverage overall.

    What Factors Impact The Renters Insurance Premium?

    The renters insurance cost in Missouri will vary depending on several factors such as:

    Where you live – Different cities in Missouri will always have a different renters insurance rate, depending on environmental risks, such as fire and crime. If your home or apartment has security cameras or you live in a gated community, this could also reduce your cost.

    Your deductible – A higher deductible usually means lower monthly payments. Would you instead pay less monthly and more at once, or would you instead pay more monthly and a lower deductible if you need to use your coverage? It depends on what is best for your budget and your personal belongings.

    How much coverage you need – What items are you covering? If your belongings have a value that exceeds the minimum coverage, you might want to increase the limit on your renters insurance policies. However, such a change might increase the cost of your renters’ insurance.

    What Does Renters Insurance Cover In Missouri?

    Renters insurance covers your personal property and liability if you are legally liable for any injuries or damages caused to someone else. Below we go over each area of coverage in more detail.

    Personal Property Coverage

    Personal property coverage means that if something happens to your belongings, the insurance company will give you money to replace them at either cost or current value (depending on your type of policy).

    Personal Liability

    Personal liability insurance will cover you if someone decides to sue you after getting hurt at your house. The insurance company will pay the legal costs and any settlement to the injured party.

    Medical Payments

    Medical expenses go hand in hand with personal liability protection. So, for example, if someone sues you because they hurt themselves at your house, this coverage will take care of their medical bills.

    Loss Of Use (also called Additional Living Expenses – ALE)

    Loss of use coverage means that if something happens to your home and cannot live there because of the damage, your insurance company will reimburse your living costs.

    What Items Will Renters Insurance Cover In Missouri?

    In Missouri, renters insurance, also called personal property insurance, covers everything you own that’s portable, temporary housing if your home becomes uninhabitable, and injuries sustained by other people at your residence.

    Coverage options include things such as:

    • Clothing
    • Computers
    • Other Electronics
    • Appliances
    • Jewelry (up to a limit)
    • Medical expenses and legal fees if someone is injured on your property
    • Accidental damage to someone else’s property
    • Weather – damage from the weight of snow, frozen pipes, lightning, or windstorms.

    What Type Of Damage Does Renters Insurance Cover In Missouri?

    A renters insurance policy will provide low-cost coverage for you and your belongings for things like:

    • Fire
    • Riots
    • Smoke Damage
    • Vandalism
    • Theft
    • Windstorm
    • Water Damage
    • Visitor injuries
    • Vehicle impact (to property)
    • Damage from the weight of snow
    • Frozen Pipes
    • Lightning

    What Does Renters Insurance Not Cover In Missouri?

    Renters Insurance usually will not cover anything outside your dwelling and might not cover property damage for all perils. Below is a list of a few things usually not covered on your renters’ policy:

    • Bed bugs and pests – The majority of renter’s insurance policies will not cover damages associated with bed bugs, with limited exceptions. Along with other pests, such as rodents, they are considered a maintenance issue and are therefore ineligible for coverage under your typical renter’s policy.
    • Earthquake and flood damage – Renters coverage does not usually include earthquake or flood damage. Still, if you live in a high-risk area and can’t get earthquake or flood coverage through your renters policy, you’ll need to purchase an additional policy for those perils. But, again, speak with your renters insurance company about these options, as they’re often available to add-on.
    • Car theft or damage – If you own a car, the renter’s policy will not cover damage or theft. Your best option is to purchase a comprehensive insurance package that also protects your vehicle from collisions and weather-related damage. This way, your auto and renters insurance can work in tandem.

    Will Renters Insurance Cover My Roommate In Missouri?

    With such high housing costs, many Missouri residents have roommates to offset expenses.

    However, renters insurance does not cover any damage costs associated with your roommate’s belongings unless they are listed on the policy, and you split the cost of renters insurance.

    Renters insurance will cover anyone listed on the policy. Thus, if your roommate’s name is on the policy, they have coverage.

    However, we would not recommend adding roommates unless they are related or a spouse. Adding a non-relative to your policy may save you some money, but it will split coverage among all those assigned to the policy.

    So if your policy covers up to $20,000 in damage, you and your roommate would only be covered for up to $10,000 each.

    Is Renters Insurance Required By Law In Missouri?

    A renters insurance policy is usually not required by law in Missouri, although many landlords may require it for you to live on their property. The landlord’s insurance will only cover the building you live in, so it is wise to consider protecting your property with renters insurance.

    Can A Landlord Require Renters Insurance Coverage In Missouri?

    Yes, a landlord can require renters insurance in Missouri. Since most landlords will make renters insurance required, a landlord can have you put their name or the property manager’s name as an “additional insured” individual on the policy and also may require a minimum amount of coverage.

    How To Reach The MO Department Of Insurance?

    The best way to contact the Missouri Department of insurance is by phone at 573-751-4126 or via email at: consumeraffairs@insurance.mo.gov

    You can reach the Missouri Department of Insurance at the below mailing address:

    Missouri Insurance Department

    PO Box 690,

    Jefferson City, MO 65102-0690

    Their Physical Address is:

    Missouri Insurance Department

    301 W. High St., Room 530,

    Jefferson City, MO 65101

    For more information about the Missouri Department of Insurance, you can visit their website at: https://insurance.mo.gov/help/contact.php

    Where Can I Apply For Renters Insurance In MO?

    Applying for renters insurance in Missouri is easy and can take just a few minutes. The best way to get quotes and apply for coverage is online because most companies have a free online process that will deliver a quote within seconds or minutes.

    Here’s how:

    1. Get Your Personal Information Together. You will need your name, address, and Social Security number. The online forms guide you through several questions to learn more about the rental you will be living in and what coverage you need.
    2. View Your Instant Quote. Once you have your info, you want to click here or any of the above buttons to start the quote process. Once you have your quotes and pick the coverage option that works best for you, it’s time to get covered.
    3. Start Your Online Application. Once you have all of your personal information together, your next step will be to start the application. Again, this will be easy by just following the prompts after you complete your quote.
    4. Pay For Your Policy & Print Your Proof Of Insurance. Once your policy has been approved and paid for, simply print out your proof of insurance, and you’re covered.

    Taking Action

    There are many options for renters insurance in Missouri, and we will help you find the best one.

    Remember, even though renters insurance isn’t required by law, your landlord or community may require you to have coverage before taking possession of your new home.

    If you need coverage now, or you’re having trouble with your current coverage, or just want to explore all of your options, click here to get some instant quotes today.

    Frequently Asked Questions

    How much is renters insurance per month in Missouri?

    Renters insurance costs $22.00 a month on average in Missouri, however, the average cost of renters insurance varies by the size and value of your rental property, so you might find renters insurance is cheaper if it’s worth less than $100K or more expensive for those with larger properties worth over $400K.

    What is the best renters insurance in Missouri?

    Missouri’s best renters insurance company is Lemonade because they have some of the best coverage options, affordable premiums and can cover you in less than 5 minutes 100% online. Lemonade offers renters insurance in Missouri for as little as $22 per month.

    Is renter’s insurance worth it?

    Yes, renters insurance is worth it because it protects your possessions and has other benefits such as paying for some personal property losses, such as the cost of repairing or replacing the furniture that is damaged by fire from a lightning strike.

    Will renters insurance pay for a hotel?

    Yes, your renter’s insurance will cover the cost of a hotel if you cannot live in your home because of an emergency like flooding or an earthquake and can’t find anywhere to stay. This provision is known as Loss of Use coverage and typically covers expenses such as hotel lodging, food, and spending cash on clothing.

  • Best Cheap Renters Insurance In Chicago | Coverage in Minutes!

    Savvy savers in the Windy City know that to get the best insurance rates, you need to shop around.

    If some time has passed since you last looked at policies for renters insurance, Chicago residents can find significant savings and comprehensive coverage by getting a few quotes.

    Is Renter’s Insurance Required in Chicago?

    While renters insurance is not a requirement in Chicago, your landlord or homeowner’s association may require it.

    That said, it is smart to have coverage in case the unexpected happens.

    Does Chicago Renters Insurance Cover Floods?

    No, renters insurance does not cover flood damage.

    A policy will cover water damage from a burst pipe or a leaky roof; however, flood damage would require a separate policy.

    What Does Chicago Renters Insurance Cover In 2020?

    Renters insurance covers damage, theft, or destruction of your personal property, as well as the accidental injury of your guests. 

    Don’t know what that means? Let’s review it. 

    Personal Property

    This part of your policy covers the damage or destruction of your possessions. It also covers theft.

    You choose the value of your coverage when you purchase your policy.

    Personal Liability

    If a guest receives an injury while visiting you, this part of your plan will cover any resulting lawsuits. It may also include the cost of their medical expenses.

    This part of your policy also covers accidental damage to your guest’s possessions while in your home.

    Loss of Use

    Loss of use kicks in if you are unable to live in your home or use your possessions due to a covered incident.

    This part of your policy can cover hotel costs and related expenses.

    How Much Does Renter’s Insurance Cost in Chicago for 2020?

    Depending on your location and the liability limits you choose, renters insurance can cost as little as $5 a month up to over $30 per month.

    Will Renter’s Insurance Cover My Roommate?

    No. Your renter’s insurance policy only covers the people specifically named on the policy and their guests.

    Your roommate should purchase their own policy.

    How Do I apply for Chicago renters insurance? 

    To buy Chicago renters insurance you should follow the below steps.

    View Your Instant Quote

    First, you want to click here or any of the above buttons to start the quote process, you won’t need any personal information other than the address to get your quotes fast. Once you have your quotes and pick the coverage option that works best for you, it’s time to get covered.

    Get Your Personal Information Together

    You will need your name, address, and Social Security number. The online forms guide you through several questions to learn more about the rental you will be living in and what coverage you need. 

    Start Your Online Application

    Once you have all of your personal information together, your next step will be to start the application. This will be easy by just following the prompts after you complete your quote. 

    Know The Safety Features Of Your Rental 

    The application might ask about smoke detectors, sprinkler systems, and deadbolts. The best renters insurance will offer discounts for those features.

    Sometimes, the intake form may also ask if you have pets, especially certain dog breeds. Overall the process can take less than five minutes. 

    Answer Your Questions Honestly

    Be sure to answer every question, truthfully. If you do not, and something happens, the company may deny your claim. Even if they do not deny your claim, you still may be committing fraud. 

    Add Any Additional Interest

    Some landlords may require you to add them as an additional interest; this will let them know if the policy has lapsed or when you have renewed your policy. Most companies can add this during the application process or immediately afterward.

    Print Your Proof Of Insurance

    Once your policy has been approved and paid for, simply print out your proof of insurance, and you’re covered.

    Take Action 

    We know which companies offer the best renters insurance for Chicago and for that reason we chose Lemonade as our winner.

    They simplify the process while providing excellent pricing. 

    Don’t waste any time thinking about this, if you need renters insurance, we’ve done the hard work for you get your free renters insurance quote today!

  • The Best Renters Insurance In Florida | Get Cheap Coverage, Fast! (Apr 2026)

    Nearly 34% of the residents of Florida are renters, and if you are one of them, you need to know that if you rent, you will need a policy of your own if you want to protect your personal property. 

    Getting renters insurance quotes online has never been this easy and the application process has never been faster.

    But with so many options out there how do you choose? 

    This blog post will help you find the most affordable renters insurance for your needs based on coverage amounts, premiums and customer service. 

    How Much Is Renters Insurance In Florida? 

    The average cost of renters insurance in Florida is $11 per month or $129 per year. The cost of coverage in Florida is more affordable than the U.S. average of $187 by about $58 per year when renting an apartment or house. However, depending on the company you choose, you may find more affordable rates

    Who Has The Cheapest Renters Insurance In Florida? 

    Lemonade has some of the best cheap renters insurance rates in Florida, and they offer one of the easiest and fastest ways to get renters insurance coverage.

    However, renters should compare rates and policies with multiple companies to ensure they get the best deal for themselves.

    With Lemonade, you can also bundle your homeowners insurance and very soon bundle auto insurance policies as well to get even lower rates on your coverage overall.

    What Factors Impact The Renters Insurance Premium?

    The renters insurance cost in Florida will vary depending on several factors such as:

    Where you live – Different cities in Florida will always have a different renters insurance rate, depending on environmental risks, such as fire and crime. If your home or apartment has security cameras or you live in a gated community, this could also reduce your cost.

    Your deductible – A higher deductible usually means lower monthly payments. Would you instead pay less monthly and more at once, or would you instead pay more monthly and a lower deductible if you need to use your coverage? It depends on what is best for your budget and your personal belongings.

    How much coverage you need – What items are you covering? If your belongings have a value that exceeds the minimum coverage, you might want to increase the limit on your renters insurance policies. However, such a change might increase the cost of your renters’ insurance. 

    What Does Renters Insurance Cover In Florida? 

    In Florida, renters insurance, also called personal property insurance, covers everything you own that’s portable, temporary housing if your home becomes uninhabitable, and injuries sustained by other people at your residence.

    Coverage options include:

    • Clothing Computers
    • Other electronics Furniture
    • Appliances Jewelry (up to a limit)
    • Malicious activities – theft, vandalism, riots
    • Accidents – fire, smoke damage, vehicle impact, or water damage from appliances
    • Weather – damage from the weight of snow, frozen pipes, lightning, or windstorms.

    More specifically, a renters policy typically covers:

    Personal Property Coverage

    Personal property coverage means that if something happens to your belongings, the insurance company will give you money to replace them at either cost or current value (depending on your type of policy).

    Personal Liability

    Personal liability insurance will cover you if someone decides to sue you after getting hurt at your house. The insurance company will pay the legal costs and any settlement to the injured party. 

    Medical Payments

    Medical expenses go hand in hand with personal liability protection. So, for example, if someone sues you because they hurt themselves at your house, this coverage will take care of their medical bills.

    Loss Of Use (also called Additional Living Expenses – ALE)

    Loss of use coverage means that if something happens to your home and cannot live there because of the damage, your insurance company will reimburse your living costs.

    What Does Renters Insurance Not Cover In Florida? 

    Renters Insurance usually will not cover anything outside your dwelling and might not cover property damage for all perils. Below is a list of a few things usually not covered on your renters’ policy:

    • Bed bugs and pests – The majority of renter’s insurance policies will not cover damages associated with bed bugs, with limited exceptions. Along with other pests, such as rodents, they are considered a maintenance issue and are therefore ineligible for coverage under your typical renter’s policy.
    • Earthquake and flood damage – Renters coverage does not usually include earthquake or flood damage. Still, if you live in a high-risk area and can’t get earthquake or flood coverage through your renters policy, you’ll need to purchase an additional policy for those perils. But, again, speak with your renters insurance company about these options, as they’re often available to add-on.
    • Car theft or damage – If you own a car, the renter’s policy will not cover damage or theft. Your best option is to purchase a comprehensive insurance package that also protects your vehicle from collisions and weather-related damage. This way, your auto and renters insurance can work in tandem.

    Will Renters Insurance Cover My Roommate In Florida?

    With such high housing costs, many Florida residents have roommates to offset expenses. 

    However, renters insurance does not cover any damage costs associated with your roommate’s belongings unless they are listed on the policy, and you split the cost of renters insurance.

    Renters insurance will cover anyone listed on the policy. Thus, if your roommate’s name is on the policy, they have coverage.

    However, we would not recommend adding roommates unless they are related or a spouse. Adding a non-relative to your policy may save you some money, but it will split coverage among all those assigned to the policy.

    So if your policy covers up to $20,000 in damage, you and your roommate would only be covered for up to $10,000 each.

    Is Renters Insurance Required By Law In Florida?

    A renters insurance policy is usually not required by law in Florida, although many landlords may require it for you to live on their property. The landlord’s insurance will only cover the building you live in, so it is wise to consider protecting your property with renters insurance.

    Can A Landlord Require Renters Insurance Coverage In Florida? 

    Yes, a landlord can require renters insurance in Florida. Since most landlords will make renters insurance required, a landlord can have you put their name or the property manager’s name as an “additional insured” individual on the policy and also may require a minimum amount of coverage.

    How To Reach The FL Department Of Insurance?

    The best way to contact the Florida Department of insurance is by phone at (850) 413-3137 If you are going to email them, send your message to: askDFS@MyFloridaCFO.com

    You can reach the Florida Department of Insurance at the below address:

    Bureau of Licensing 200 East Gaines St. Tallahassee, FL 32399-0319

    For more information about the Florida Department of Insurance, you can visit their website at: https://www.myfloridacfo.com/.

    Where Can I Apply For Renters Insurance In FL? 

    Applying for renters insurance in Florida is easy and can take just a few minutes. The best way to get quotes and apply for coverage is online because most companies have a free online process that will deliver a quote within seconds or minutes.

    Here’s how:

    1. Get Your Personal Information Together. You will need your name, address, and Social Security number. The online forms guide you through several questions to learn more about the rental you will be living in and what coverage you need. 
    2. View Your Instant Quote. Once you have your info, you want to click here or any of the above buttons to start the quote process. Once you have your quotes and pick the coverage option that works best for you, it’s time to get covered.
    3. Start Your Online Application. Once you have all of your personal information together, your next step will be to start the application. Again, this will be easy by just following the prompts after you complete your quote. 
    4. Pay For Your Policy & Print Your Proof Of Insurance. Once your policy has been approved and paid for, simply print out your proof of insurance, and you’re covered.

    Taking Action

    If you are a tenant and live in Florida, it is essential for you to protect your belongings with renters insurance.

    With any luck, you know everything there is to know about insurance for your rental or apartment and if insurance in Florida is required by law.

    There is no need to wait around; you can click here or on any of the above buttons to get instant quotes and get covered today.

    Frequently Asked Questions

    How much is renters insurance per month in Florida?

    Renters insurance costs $11 a month on average in Florida, however, the average cost of renters insurance varies by the size and value of your rental property, so you might find renters insurance is cheaper if it’s worth less than $100K or more expensive for those with larger properties worth over $400K. 

    What is the best renters insurance in Florida?

    Florida’s best renters insurance company is Lemonade because they have some of the best coverage options, affordable premiums and can cover you in less than 5 minutes 100% online. Lemonade offers renters insurance in Florida for as little as $11 per month.

    Is renter’s insurance worth it?

    Yes, renters insurance is worth it because it protects your possessions and has other benefits such as paying for some personal property losses, such as the cost of repairing or replacing the furniture that is damaged by fire from a lightning strike. 

    What is a reasonable renters insurance rate?

    The average renters insurance cost in the United States is $168 per year or about $14 per month. This estimate is based on a policy for a hypothetical 30-year-old tenant with $30,000 in personal property coverage, $100,000 in liability coverage, and a $500 deductible. If you can get your monthly premiums as close as possible to your state’s average, that is a good renters insurance rate.

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  • Do I Need Life Insurance? Must Read!

    I am sure like most of us; you have asked yourself; do I need life insurance? It’s easy to think that you don’t need life insurance if you are single or a young adult. You might even be under the impression that life insurance is only for people with kids or married families.

    But here is the honest truth:

    You may need life insurance for several reasons if you are single that probably never came to mind. In this post today, we show you 11 solid reasons you could need life insurance if you are single, but first, we will go over the basics.

    Do I Need Life Insurance? 

    Yes; you probably need Life insurance; especially if you are a parent of young children or if you support a disabled adult or child. If you support any type of dependent you will need life insurance. Along with providing immediate cash upon death, life insurance also avoids probate court.

    Do I Need Life Insurance If I Have No Dependents?

    Yes, you still need life insurance, even if you have no dependents. If you pass away, someone will be responsible for your burial. Also, if you are a co-borrower on a loan or if your parents helped you obtain any student loan debt, you could leave them footing the bills if you pass away. Having even a small policy could be used to cover these expenses. 

    Do I Need Life Insurance If I Am Single?

    Life insurance is necessary if you are a parent of young children or if you support a disabled adult or child. If you support any type of dependent you will need life insurance.

    When Is Life Insurance Necessary?

    If there is anyone in your life that would be financially affected in your life; you need to have life insurance.

    When Is Life Insurance NOT Necessary?

    • Single with no dependents and no debt
    • Independently Wealthy with no debt
    • Super-Duper Rich

    1. You Have A Favorite Charity

    Even though you are single, I am sure you can think of a few causes or charities important to you.

    For me, I am very partial to St. Judes Hospital for Children because I am passionate about helping people out, especially when they need it the most.

    Leaving life insurance to your favorite cause is super simple; all you need to do is name them as the beneficiary on your policy.

    And the best thing is that if you decide to change the cause you support, all you have to do is change the beneficiary.

    And it gets even better:

    If you have more than one cause you want to leave money to, you can have them both as beneficiaries and split the proceeds 50/50.

    Leaving a charitable donation to a cause you honestly believe in is a great reason to have life insurance if you are single.

    2. You Have Student Loans

    Most of us will need a co-signer to get approved for our student loans, and for a large majority of us, it’s going to be a parent or someone close that signs on the dotted line for us.

    While it’s great to have someone willing to merge their financial future with you, but if you pass away, before you pay off your loan, your co-borrower can get stuck with the bill. 

    Getting a life insurance policy to protect their investment and belief in you is probably the least you can do to give them some protection.

    Now, I know what you are thinking:

    Aren’t Federal student loans discharged if I die? While this is true in some cases, you still need to be mindful that private loans usually aren’t forgiven.

    And regardless if you are getting a Federal or Private loan, you must find out what exactly happens to your debt if you pass away.

    The best type of life insurance to buy when you have student loans will be a term life insurance policy.

    This is because you get the lowest monthly premiums and can control how long the policy lasts.

    Your co-signer might even decide to help pay for your policy themselves just to be on the safe side.

    3. You Have A Mortgage

    If you don’t know this, life insurance for your mortgage is a “thing,” and you don’t have to be in a relationship or married to have a mortgage.

    As a matter of fact, you could be one “break up text” away from being a single homeowner.

    If you have a mortgage you should have a life insurance policy especially if you have a sibling or another dependent living with you.

    You want to get a term life policy that has a bit more coverage than your mortgage, but also has the same term length as possible.

    For example:

    If you have a $500,000 home with a 30 year mortgage, you should get a 30 year term life insurance policy for $550,000 which would be enough to pay off the home and leave a small amount of spending cash to your beneficiary.

    4. You Have Co-Signed Debt

    Usually, you will need a co-signer if you don’t qualify for a loan based on your credit.

    If someone does you a favor and co-signs for you, you don’t want to leave them holding the bag if you pass away.

    Your death could put a significant strain on the other person who co-signed for you, especially if they weren’t helping you make payments on the loan.

    Could you imagine dealing with the loss of someone yo u loved or cared for and also getting an instant $300 to $400 increase in your monthly expenses all at the same time?

    The truth is that most of us won’t have enough money in our savings account to cover our debts if we pass away. Life insurance is the best alternative.

    GET AN INSTANT LIFE INSURANCE QUOTE TODAY!

    5. Someone Depends On You Financially

    If you have family members who depend on you financially, you should 100% have life insurance.

    This goes for supporting your parents, grandparents, or an uncle that may need assistance, especially since more than 52% of people turning 65 will need some long-term-care services in the future.

    If you passed away and you have been assisting someone with their Activities of Daily Living (ADL), like helping them to the restroom, assisting with bathing, or helping them put on clothes, imagine how their life would change, could they really afford to lose you?

    You would want to have this life insurance policy in place to cover things like medical expenses, living expenses, or hiring an in-home health worker.

    Now, the best way to determine how much coverage you will need is to figure out how much it would cost someone to replace everything you are doing on an annual basis.

    Also, consider any additional bills you are assisting with monthly to come up with a reliable number.

    6. You Have Business Partners

    Having life insurance when you have business partners is crucial, especially if they are considered a key person for your business. 

    • Buyout their shares of the company
    • Hire a replacement
    • Cashflow until you find a replacement

    There are many reasons you may need coverage for essential employees or business partners. The above is just a small list. 

    If you plan to get a business loan from the SBA, you are required to have life insurance.  

    The SBA will not fund your loan until you have a life insurance policy that is either more or equal in value and has an equal or longer term.

    The goal is to make sure that if you pass away, you don’t leave your partners in financial ruin, and since most businesses start off cash poor, it’s crucial to have some protections in place. 

    7. Cover End Of Life Expenses

    The average funeral costs between $10,000 to $12,000 nationally. Now, here’s the thing: You might think that this isn’t much, but the truth is that the average person doesn’t have $3,000 in their savings account. Almost no one is ready to cough up $10,000 for an unexpected burial. This is why there are so many Go Fund Me accounts asking for assistance with burials. And even though burials are expensive, they aren’t the only end of life expenses, someone may come up against.

    Medical bills can get very expensive, especially if you have to be in a hospice or require long-term treatment until you pass away. Covering the costs of those bills would be comfortable with a life insurance policy.

    8. Leave A Legacy

    No one wants to be forgotten; everyone wants to leave their stamp on the world to show that they were here, to show that they existed.  One of the best ways to do this is by leaving a legacy to your family; they are the ones that we will be leaving behind. 

    But what should someone do if you leave them a legacy? We actually asked some personal finance experts how a surviving spouse should handle their life insurance proceeds. The answers were surprising.

    Most experts state that you should do nothing with the life insurance payout for about 1 year before you start buying things or making drastic changes to your lifestyle. 

    You could also leave a legacy by funding and setting up a scholarship in your name. 

    9. Plan To Have Kids In The Future

    If you are in your twenties or thirties and don’t have kids now but expect to have them in a few years or so, you need life insurance.Not only will you get the best rates possible, but it’s going to be super easy to add them as a beneficiary the day they are born. If you go with a 30-year term, this gives you the most extended coverage for any life events like marriage, having kids, or adopting kids.

    10. You Have A Pet

    If you have a pet, then you need life insurance.  If something happens to you, who will be financially responsible for your furbaby? Who will cover their annual living costs of up to $1,500 for things such as food, having someone come walk them, or pet insurance?

    It’s nice to think that our friends and family would step in to take care of our pets; however, the truth is that you should pre-plan this event. Who should your pet go to if something happens to you?  Will you make them the beneficiary for part of your life insurance policy to make sure your pet is taken care of. 

    11. Pandemics

    We can all agree that COVID 19 has shaken the world and how we live in it.

    People are passing away daily, and while there is a vaccine on its way, the pandemic has changed how the world functions forever. While the people at the top might have known this was coming, the little guys had no clue, and we weren’t ready for it at all. Life insurance would have been able to help a ton of families when the pandemic hit.

    Being single doesn’t mean people don’t depend on you, and this pandemic probably won’t be the last.

    Taking Action

    Hopefully, this post has helped you answer the question of needing life insurance if you are single. There is no need to wait around; if you are single and any of the above reasons are part of your life, you need to get covered now. You can click here or any of the above buttons to get started.

    Frequently Asked Questions

    Who needs life insurance the least? 

    ​A single person with no dependents and no debt needs life insurance the least – at least for now. If you are financially responsible for children, your spouse, or any relative, we recommend you get life insurance.

    Is life insurance a waste of money? 

    ​Life insurance isn’t a waste of money because we don’t buy life insurance for ourselves; we purchase life insurance to protect the ones we leave behind. It’s more about protecting your loved ones when you aren’t around. If someone financially depends on you, life insurance is usually always worth the cost.

    At what age should you stop life insurance? 

    ​There isn’t a set age to stop your term life insurance policy. Still, people usually cancel their policies if they no longer need to leave money to the family or if the time ends for divorce court-ordered life insurance.

  • Encompass Home Insurance Review For Apr 2026

    Our Verdict – 4.7/5.0

    You’ve invested a lot in your home, and without home insurance, that investment is vulnerable.

    An incident or accident that’s beyond your control can take everything you’ve worked so hard for away from you in the blink of an eye.

    With millions of homeowners uninsured and 59% not carrying enough insurance, choosing the right company to safeguard your investment can be overwhelming.

    Insurers offer varying coverage based on the state you live in, and many companies don’t write policies for all 50 states.

    Further, depending on a company’s risk analysts, geographical expertise, and other black box factors, there can be a wide range in policy prices from one insurer to the next.

    That’s why we’re taking a look at Encompass Insurance.As you search for the right home insurance fit, we’ll help you narrow down your choices and determine if Encompass Insurance is right for you.

    Pros

    • Rates can be competitive if you bundle policies
    • Generous stipulations for additional living expenses
    • Property location limit pays up to 200% of your home’s value
    • 24/7 claim filing available
    • High customer satisfaction ratings

    Cons

    • Higher rates than competitors
    • No online claims process or instant quotes
    • Not available in all 50 states 

    Who Is Encompass Insurance?

    With a history dating back more than 100 years, Encompass Insurance isn’t likely to go anywhere for the foreseeable future.

    However, it wasn’t until 1999, when the company was purchased by Allstate that the name Encompass came into existence.

    After being in business since 1897, the folks at Encompass have learned a thing or two about how to serve their customers.

    For example, they have a remarkably low level of customer complaints.

    According to the National Association of Insurance Commissioners (NAIC), Encompass Home Insurance has a complaint ratio of .64, which is well below the industry average of 1.0.

    To top it off, Encompass Insurance has an A.M. Best Financial Strength Rating of A+ Superior, which is the second highest rating.

    This speaks to the fact that Encompass Insurance is financially secure.

    Knowing that your insurance company is solvent and stable can give you peace of mind.

    A smaller company could be devastated by a natural disaster in an area if they don’t have a high rating.

    What Makes Encompass Insurance Different?

    Encompass Insurance has added a feature to some of the plans called “property location limit.” This feature gives policyholders coverage of up to 200% of your home’s value.

    Think of it like a blanket policy that helps you cover the cost of whatever needs to be replaced, whether it’s your home, your personal belongings, or a structure on your property.

    Everything you own is covered under one umbrella policy with a generous limit, which helps you avoid being surprised with uncovered claims.

    For example, a standard policy with another company might cover you for $500,000, but that coverage would be divided among your different property categories.

    If that $500k policy included $50k of personal property insurance, but you sustain damages of $75k, you would be on the hook for the other $25, unless you choose Encompass.

    In that case, the category of damage wouldn’t matter. Your coverage would extend to all property categories, up to your limit.

    Features & Benefits

    If you’re looking for the Cadillac of homeowner’s insurance, look no further than Encompass.

    Take a look at some of these awe-inspiring features:

    Special, Deluxe, and Elite Packages

    Depending on your budget and needs, you’re bound to have unique coverage requirements.

    Encompass Insurance allows you to determine how much coverage you need while making it easy to stay within your budget.

    The three packages that they offer – Special, Deluxe, and Elite, allow you to choose only the features you want, without having to pay for what you don’t need.

    Additional Living Expenses

    When you bundle your home and auto insurance policies, you’re eligible for EncompassOne plans, which grant additional living expenses if your home is uninhabitable.

    The timeframes range from one year to unlimited, and they include both restaurant and hotel bills.

    Opportunities for Discounts

    Encompass Insurance isn’t necessarily the cheapest insurance, but it can be an incredible value if you take advantage of all the opportunities to save money.

    Newer homes, renovated homes, and properties with safety devices like fire extinguishers and burglar alarms are eligible for generous discounts.

    You can also get a claim-free discount of 15% off your premium if you don’t file a claim after five years.

    Product Availability

    Though not available in all 50 states, you can get an Encompass policy in 40.

    The states not included in coverage include Alaska, Hawaii, Florida, and the Dakotas.

    Policies are sold through a network of more than 2,400 independent agents.

    It’s likely that these agents will try to sell you a bundle of home and auto insurance, which offers additional coverage at a discount.

    Keeping in mind that Encompass naturally tends toward the higher end of the price spectrum, we would advise comparing the cost of single versus bundled insurance before proceeding.

    There are going to be some instances where bundling in a no-brainer decision, and circumstances when it makes sense to keep them separate with independent companies.

    Claims Process & Guarantee

    Perhaps it’s the overall age of the company, but there’s no denying that the claims process is old-fashioned.

    You must call the company to file a claim; there’s no option to get started online or check the status of your claim digitally.

    To get started, dial 1-800-588-7400. Fortunately, help is available 24 hours a day, seven days a week.

    On a positive note, Encompass does allow you to choose your contractor.

    You can still opt to have Encompass select one for you, but if you already have a contact you trust in the industry, you are welcome to use them for your repairs.

    Taking Action

    If you’re digitally inclined and not being able to file a claim online is a deal-breaker, you might want to go with another company.

    However, if having top-of-the-line coverage is a priority, then Encompass is an ideal solution.

    When (and if) Encompass Insurance offers an online portal for filing a claim, we will update this review.

    Ready to learn more about how Encompass Insurance can protect your home and how much it’ll cost? Click here to get started.

  • Compare Online Condo Insurance Quotes & HO-6 Insurance!

    What Is Condo Insurance?

    Condo insurance, often known as H06 Insurance, is protection against a covered loss for your condominium. You don’t own the building or land on which your unit is located when you purchase a condo; nevertheless, you do own everything inside the condo, including the internal walls.

    This is where personal property insurance comes in handy because you aren’t renting the apartment and you don’t really own the structure; therefore, you will need coverage for personal items, liability, loss of use, and personal electronics.

    How Much Does Condo Insurance Cost?

    The average cost of condo insurance is about $478 per year, this is just shy of about $40.00 per month. Now, keep in mind that this is a national average and that the cost can vary depending on where you live, your deductible amount, and the other limits you choose.

    What Determines The Cost Of A Condo Insurance Policy?

    • The Age Of Your Building – The age of your building affects your policy costs. How old is the plumbing? Is the wiring copper or aluminum?
    • The Location Of Your Condo – The location of your home is one of the largest factors insurance companies use to price out your policy.
    • Your Credit History – You might not be aware of this but you have a completely separate credit score that was made specifically for insurance products. The better this score, the lower your rates. 
    • Coverage Levels – Your insurance company will give you several coverage options. This amount varies based on your choices. Most of these options can be adjusted. 
    • Deductibles – This is another option that you can adjust to suit your financial needs. A deductible is the amount of money you must pay before insurance kicks in and pays out.
    • Discounts -Everything from bundled policies, military discounts, or corporate rates can lower the average cost of homeowners insurance as well as things like making your home safer.

    Sample Condo Insurance Quotes By Coverage Amount

    On average, a condo insurance policy for $150,000 to $175,000 in coverage is going to run you about $35.00 per month.  Houses in the range of $400,000 to $500,000 will run you about $122.00 per month. We cover more sample quotes below:

    What Does Condo Insurance Cover?

    It’s essential to understand what your condo insurance policy will actually cover, below we go over everything a condo policy covers:

    Personal Property

    The most important aspect of a condo policy is the coverage of your personal property, if your items are stolen or destroyed by a covered loss such as fire or water damage, your items will be covered. These policies will usually cover your items on a replacement cost basis, which means the insurance company will pay out what it would cost to replace your item today; not the price of what you originally paid for the item.

    Personal liability

    If you have ever found yourself watching an episode of Judge Jerry, (Yes, Jerry Springer has a show as a judge now) you might find it odd that family and friends sue each other. This is exactly why you  need this type of coverage; if your friend or family member is injured inside your unit, condo insurance will help pay for their medical expenses and protects you financially if they decide to sue.

    Damage to Interior structure

    The one thing you have to remember is that when you buy a condo, you only own what’s inside the unit. This means you still need coverage for your walls, floors, ceilings and counter-tops and these items are specifically covered by your condo insurance.

    Loss Of Use

    If you can no longer live in your unit because of damage caused by a covered loss, your policy will help cover your living expenses such as a hotel and traveling costs, while your unit is being repaired.

    Loss Assessment

    If a common area is damaged by a covered loss, and there aren’t enough funds to cover it within the HOA, each unit owner will be responsible for covering their share of the loss.  This is where loss assessment coverage kicks in by taking care of those expenses. 

    Now that we have a clear understanding of what condo insurance will cover, let’s talk about what it won’t cover.

    What Condo Insurance Doesn’t Cover?

    While condo insurance does cover a ton of things, there are still a few items that won’t be covered by your condo insurance policy:

    • Floods
    • Earthquakes 
    • Wear And Tear
    • Nuclear Hazards
    • Intentional Injuries To Others
    • Damage From Birds, Rodents And Insects
    • Damage From Underground Water (Like Sewer Backups)

    What If You Need Landlord Insurance For Your Condo?

    Often called buy-to-let home insurance, a Landlord Insurance Policy is insurance for people who rent out a home they own to a tenant.  It provides a layer of extra protection because it treats your rental properties as a business.

    You don’t have to think too much about the type of coverage you will need, most online quotes will ask what type of home you are insuring so you will have the correct policy.

    How Much Condo Insurance Do I need?

    Most condo insurance policies come with a minimum of $100,000 in coverage, and on a condo with a mortgage, they usually cover up to the value of your condo un it. However, you should have at least $300,000 to $500,000 if you can afford it. The final amount of homeowners insurance that you need is going to depend on the costs of replacing several things:

    Your Home Office

    The equipment inside of your home office can’t be forgotten about either. Our home offices are just as equipped as actual offices now days so be mindful of the costs.

    Refurnishing Your Home

    It’s easy to stack up over $25,000 in furniture when you think about furnishing your home with dining sets, bedroom sets and other types of chairs and ottomans.

    Things Like Art

    While some people collect coins and stamps, others (like myself), have an action figure collection. Anything that is considered to have Exceptional Value should be covered.

    Your Personal Property

    Things like your clothes, shoes or other personal property should be accounted for. You don’t want a policy that can’t cover all of your personal items due to a covered loss.

    Use Our Calculator For Extra Help

    We created a pretty cool condo insurance calculator that you can use to get a more solid understanding of how much coverage you need.

    When you are deciding on how much home owners insurance you need, it’s best to act like a detective. You should also determine if you have specific risks like an exotic pet.

    Along with the other factors above, come up with a number and if you can afford it, double the amount of coverage, if not, you still have a great starting point.

    What Are The Best Condo Insurance Companies?

    In my professional opinion, as a licensed agent for over 13 years, the best companies for homeowners insurance are State Farm, Lemonade, and Progressive. All of them offer an online application process, no waiting periods, and prices that are comparable or sometimes better than the industry standard.

    GET AN INSTANT LIFE INSURANCE QUOTE TODAY!

    Condo Insurance Vs Home Insurance & Renters Insurance

    When it comes to owning a condo or a home and renting a home there is a lot of confusion misunderstanding about what homeowners insurance covers, what condo insurance will cover, and when someone will need renters insurance. 

    While all of these types of overages will have personal property insurance attached, cover personal liability, and have a replacement cost option, they are three completely different types of insurance coverage and also offer different insurance discounts.

    Condo Insurance

    Condo insurance is only for your personal property and internal structures, your condo policy will cover:

    • Personal Property
    • Personal Liability
    • Medical Coverage
    • Loss Of Use Coverage
    • Loss Assessment Coverage

    Homeowners Insurance

    Homeowners insurance is the best defense you can give your family from a disaster and usually covers:

    • Personal Property
    • Personal Liability
    • Medical Coverage
    • Loss Of Use Coverage
    • Loss Assessment Coverage

    Renters Insurance

    Renters insurance is only for your personal property, your renters policy will usually cover:

    • Personal Property
    • Personal Liability
    • Medical Coverage
    • Loss Of Use Coverage
    • Loss Assessment Coverage

    As you can see, these policies have just enough differences to make them all necessary, if you own a condo, you will need a condo policy, for your home a home policy and if you are renting, a renters policy.

    How To Buy Condo Insurance Online?

    Buying condo insurance online has never been easier; regardless of whether you are getting insurance on your first home or looking for lower rates, you can get quotes and coverage in minutes.

    Believe it or not, it’s only five steps to go from quotes to being covered:

    • Gather Your Personal Info – You will want to have information about your home “in-hand” so that you can get the most accurate quote.  Things like age, size, and value of home.
    • Get An Instant Quote – Once you have the information on your home together it’s time to get a fast quote.  Most companies will show you a “Good, Better, Best” layout with the ability to customize your policy.
    • Choose Your Policy Options – After reviewing the quotes, you should look over the coverage amount and policy deductibles to make sure you have the options you need for your policy. 
    • Complete An Online Application – Once you have viewed your quotes and picked out your policy options it’s time to complete your application.  You can usually do this in one sitting (less than 10 minutes)
    • Pay For Your Policy (You’re Covered) – Upon submitting your application your next step will be to pay for your policy so that it goes “in-force,” and then You’re covered!  

    Frequently Asked Questions

    Who has the cheapest Condo insurance?

    Hippo is shown to have some 25% lower rates than most traditional condo insurance companies.  Along with 60 second quotes and instant online approvals, we pick Hippo!

    How much is a typical condo insurance policy?

    The average cost of condo insurance is about $478 per year. Some 95% of homeowners in the United States have homeowners insurance, but about 60% are under-insured on their policy.

    What is the average monthly cost for condo insurance?

    The average monthly cost of condo insurance is about $40 per month; however, several factors play a part in determining how much your coverage will cost.

    Who has the best condo insurance?

    The Best condo insurance goes to State Farm insurance, they have a fast policy along with affordable rates and a 100%  online application.

  • Cheap Life Insurance for Smokers + Savings Tips!

    If you smoke, you may wonder whether you can get life insurance at all, let alone at a reasonable rate.

    You can!

    Life insurance for smokers doesn’t always break the bank.

    If you know where to look you can find cheap policies easily.  Here’s everything you need to know to get cheap life insurance as a smoker in 2020.

    How Much More Do Life Insurance Companies Charge For Smokers?

    Life insurance for smokers typically costs much more than it does for non-smokers. Smokers may pay up to 350% more for life insurance, depending on the coverage amount and company.

    Even if you are in otherwise good health, insurance companies consider you a higher risk as a smoker, due to the potential health problems associated with smoking. If you’re an older smoker, the premium rates only go up.

    The cost of your coverage still depends on factors like your family history and your coverage amount.

    However, as a smoker, you’ll see a significant difference in premiums on the same policy for smokers vs. non-smokers.

    For example, if you’re in your 30s and you want to purchase a $500,000 life insurance policy, you could pay over $1,000 more per year in premiums as a smoker.

    How Does Life Insurance Define Smokers?

    When a life insurance company asks if you smoke, you may think they only mean tobacco.

    However, if you smoke something other than tobacco, you may still fall into the smoker category based on the company’s criteria.

    Insurance may also consider you a smoker if you use tobacco without smoking it.

    Life insurance companies will consider your smoking status differently based on the following forms of smoking and tobacco use.

    Chewing Tobacco

    You may know the risks of smoking cigarettes, but chewing tobacco presents its own potential health problems.

    While smoking tobacco increases your risk of lung cancer and other types of lung disease, chewing tobacco means a 50% higher chance of oral cancer.

    Chewing tobacco also has a high concentration of nicotine, equal to about 60 cigarettes.

    Therefore, even if you don’t smoke tobacco, insurance companies still see you as a higher risk, especially as chewing tobacco is more difficult to quit.

    Not all life insurance companies consider tobacco chewers the same as smokers.

    Make sure to research different providers, such as those covered in a Colonial Penn Life Insurance Review Plus Sample Rates!, to see who offers lower rates and check their premiums for smokers and tobacco users.

    Cigars

    While you may only smoke cigars occasionally, they still contain tobacco. That means insurance providers include them when they ask you if you smoke.

    Many people smoke cigars differently than they would smoke a cigarette. Instead of fully inhaling the smoke, they pull the smoke into their mouths and then exhale to avoid breathing it in.

    However, that means your lips, teeth, tongue, and the entire area inside your mouth is still exposed to tobacco, leading to health risks like oral cancer.

    Whether you smoke little cigars or cigarillos, it doesn’t matter to insurance companies.

    Your provider will see that you risk cancer, lung disease, heart disease, and other issues that come with smoking tobacco in any capacity.

    Nicotine Gum/Patch

    It may seem like wearing a nicotine patch or chewing nicotine gum would put you in a better position with insurance companies, but it’s the opposite.

    When your provider sees a patch or gum, they may see you trying to quit, but they will also know that patches and gum still contain nicotine.

    Because nicotine still enters your body, you still have health risks like heart disease despite that you don’t smoke or chew it. Insurance companies may then raise your premiums on that basis.

    At the same time, not all insurance companies equate nicotine patches and gum with smoking tobacco.

    Make sure you research different providers to understand their tobacco consumption rates, as you may find some with more lenient policies on nicotine gum and patch use.

    Vaping and E-Cigarettes

    As with chewing tobacco and nicotine patches, rates for people who vape and use e-cigarettes vary between life insurance companies.

    Because vaping poses a lower health risk than smoking cigarettes, many insurance companies classify it separately.

    However, this distinction does not necessarily mean you qualify as a non-smoker or that you will permanently.

    For example, Prudential previously classified vapers as non-smokers. They have recently changed that designation to include people who vape and use e-cigarettes as smokers, in light of information that shows health conditions connected to vaping.

    Marijuana Smokers

    If you smoke marijuana, you should do plenty of research when you want to buy life insurance. Marijuana does not carry the same health risks as tobacco.

    However, some insurance companies still raise their premiums, especially for recreational users.

    Other companies will allow non-smoker coverage if you use medicinal marijuana.

    Before you commit to a policy, understand your provider’s rules for smoking classifications. You may be able to get better coverage and rates elsewhere.

    Best Life Insurance Rates For Smokers

    The best life insurance for smokers depends on your smoking habits.

    Almost all insurance companies will raise your rates if you are a smoker, but they won’t all raise them the same amount or based on the same factors.

    Northwestern Mutual offers some of the best rates for smokers, along with Banner and TransAmerica.

    Prudential may have raised their premiums for vapers, but you may get a lower rate if you chew tobacco or use a nicotine patch, as opposed to smoking.

    If you plan to quit smoking, or if you are currently trying to quit, you can consider other options. Most life insurance companies will classify you as a non-smoker if you have not smoked within the last 12 to 24 months.

    You might want to wait to purchase your policy, but that’s not always an option, and some insurance companies offer other solutions.

    If you need life insurance now, short term life insurance for smokers offers coverage without the commitment to pay the same premiums for the next twenty years.

    Some companies also offer health class reconsiderations. In these cases, if you quit smoking, you can qualify as a non-smoker if you stop at least one year prior.

    Not all insurance companies offer these options. Before you purchase a policy, ask the provider about their rules for smokers.

    That way, you can prepare and understand if your premiums will adjust based on your smoking status.

    Try No-Exam Life Insurance For Smokers

    When you need life insurance immediately, consider no-exam life insurance for smokers.

    This type of life insurance may not offer you the same coverage you would get with an exam.

    However, you have this option if you can’t get coverage with a policy that requires an exam.

    No-exam life insurance usually offers a smaller death benefit, but you can get both whole and term life insurance for smokers.

    You’ll likely pay more for no exam insurance, as your provider can’t confirm your health situation through tests.

    With no-exam life insurance, you receive coverage faster than if you purchase a policy that requires an exam.

    Your provider doesn’t have to wait for your exam results, and while they will still ask questions about your health, they can process your application more quickly.

    No-exam life insurance does not guarantee coverage approval, as some knockout conditions may still prevent you from getting a policy.

    However, if smoking proves your most significant barrier to getting coverage with an exam, you can get better coverage this way.

    Don’t Lie On Your Application About Smoking

    Whether you opt for no-exam life insurance or take an exam required by the insurance company, lying about smoking on life insurance won’t work in your favor.

    A medical exam will show nicotine and other chemicals related to smoking through blood tests.

    While you may think you can quit smoking for a period before you apply and have your exam, nicotine can linger in your body for months.

    If you lie about smoking, assume your life insurance provider will find out at some point.

    Additionally, while you may hide your smoking status, your insurance company can learn after your death that you smoked.

    This information can mean your beneficiaries don’t get a death benefit, leaving them to cover your end-of-life costs out of pocket, even if you spent years paying premiums.

    Does Smoking Void A Life Insurance Policy?

    While smoking does not void your life insurance policy, it can complicate things for you or your beneficiaries.

    You may have purchased your policy as a non-smoker and started smoking later, which isn’t the same as lying on your application.

    In this case, you provided truthful information, and you may not have smoked long enough for long-term health risks from smoking to affect you.

    At the same time, when you started smoking can affect your life insurance policy and premiums.

    If you start smoking during the contestability period—typically one year after an insurance company has approved your application—the company can investigate your policy.

    This investigation can result in increased rates, among other changes to your coverage.

    If you die of smoking-related causes when you have a policy as a non-smoker, your insurance company might suspect fraud.

    The company may then deny the full or partial death benefit, especially if they find proof of long-term smoking.

    The designation between whole and term life insurance for smokers matters here, too. Your policy doesn’t expire with whole life insurance, and you’re covered as long as you pay your premiums.

    However, with term life insurance, if you started smoking after purchasing your initial policy, you’ll have to renew or buy a new policy as a smoker.

    This new policy will cost more, as you’ll fall under a new designation. You’ll also be older, which increases your premiums even further.

    GET AN INSTANT LIFE INSURANCE QUOTE TODAY!

    How Long After You Quit Are You Considered A Non-Tobacco User?

    Most insurance companies require you to quit smoking at least 12 months before applying for life insurance to be considered a non-tobacco user.

    That includes quitting chewing tobacco and not wearing a nicotine patch or using nicotine gum.

    Your exam results must show a complete absence of nicotine in your body for your insurance company to consider you a non-smoker.

    It can take several months for nicotine to leave your body, so even if you’ve quit smoking for six months, that may not be long enough.

    Some insurance companies have more stringent rules regarding smoking. They may require you to quit smoking at least 24 months prior to applying for life insurance.

    Others, like John Hancock Life Insurance, may offer you a discount if you intend to quit and show progress toward your goal.

    Even if you consider yourself an occasional smoker, life insurance companies may not.

    Some will let you qualify as a non-smoker if you smoke less than one cigarette or cigar per month. Others classify you as a tobacco user regardless of the type of tobacco you use..

    What About Life Insurance For Former Smokers?

    If you haven’t smoked for over a year, you may qualify for a lower life insurance premium.

    Life insurance for ex-smokers may cost slightly more than it would for a non-smoker, but your rates become considerably lower as a former smoker.

    For example, the premiums for a 35-year-old former smoker purchasing a $500,000 10-year policy can cost approximately $40 less per month than a current smoker’s policy. For a 30-year policy, it can mean a difference of $100 per month.

    If you are a former smoker who hasn’t smoked for over 12 months when you apply for coverage, you present a lower risk for insurance companies, and companies are more likely to offer you lower premiums despite your former tobacco use.

    Workers Comp Insurance Made Simple

    Compare Free Quotes From The Hartford . Get a Policy in Minutes.

    __CONFIG_colors_palette__{“active_palette”:0,”config”:{“colors”:{“62516”:{“name”:”Main Accent”,”parent”:-1}},”gradients”:},”palettes”:}}]}__CONFIG_colors_palette__ VIEW RATES

    Taking Action

    As a smoker, you risk higher premiums due to the potential health issues that accompany smoking. And while that doesn’t mean you can’t get life insurance, it does mean that you should weigh your options and research companies that offer life insurance for smokers.

  • What Is Level Term Life Insurance & How Much Does It Cost?

    Wouldn’t it be horrible to check your email or (snail mail) and find a notice that your monthly life insurance premiums have increased or that your coverage has decreased?

    Unfortunately, it happens all of the time; especially if you purchase the wrong policy.

    But there is a way to avoid this, and that is buy purchasing a level term life insurance policy. In this post we will discuss the cost of a level term life insurance policy, how level life insurance works, and how you can get the best level life insurance quotes today!

    How Much Does Level Term Life Insurance Cost?

    The average cost of level term life insurance is $631 per year.  However, keep in mind that your final rate will be based on your individual situation in regards to tobacco use, health, age, and other factors.

    How Much Does Level Term Life Insurance Cost Per Month?

    The average monthly cost of level term life insurance is about $53 per month.  As stated above, keep in mind that your final rate will be based on your individual situation.

    What Is Level Term Life Insurance?

    Level term life insurance is a term insurance policy that guarantees the premiums will stay the same for a specific term length; usually these terms are for5, 10, 15, 20, 25, and 30 years. This means that no matter what your premiums are when you get approved for your policy, it will stay the same until the end of the term.

    These policies have also been called fixed rate term life insurance since your rates are considered to be “Fixed” and non moving for the entirety of the policy. It also doesn’t matter if your policy requires an exam or if you are looking at life insurance no medical exam quotes, both of these policies can be level term.

    If we keep in mind that our rates never change for the life of the policy, then it starts to make sense why the longer level term you choose, the higher the premiums. So, all things being the same, a 30 Year level term policy will always cost more than a 5 year level term policy. A majority of level life insurance plans, also known as traditional life insurance, policies include the option to renew your policy.

    However, when you renew your policy at the end of the term your rates will increase. For a comprehensive explanation of policies with this renewal characteristic, explore What Is A Renewable Term Life Insurance Policy?

    Level Term Life Insurance Benefits

    Some additional things to note about level premium term life insurance policies are:

    • Your Coverage Amount Will Never Change For The Life Of The Policy
    • As Long As The Policy Is In-Force The Premiums Stay The Same
    • It Is The Most Affordable Type Of Life Insurance Coverage
    • It Expires Based On The Term You Choose, In Either 5, 10, 15, 20 Or 30 Years.

    Remember, your premiums will not fluctuate, they won’t go up or down no matter what happens to your health while you own the coverage. This is always the best option for anyone who is on a fixed budget and can’t have their monthly expenses start to suddenly increase.

    Why You Need A Level Life Insurance Policy?

    The main reason to purchase a level term life policy is because they are the most affordable and they allow you to save money over the life of your policy. You will know exactly how long the coverage you have will last, and you will also know what you exact cost will be month to month.

    There are other product types that aren’t level like a graded death benefit policyor and mortgage protection insurance policy.  The two policies both have limitations when it comes to being level.

    How A Graded Death Benefit Policy Works?

    A Graded death benefit policy will have a level premium, but not a level death benefit for the first 2 to 3 years. During the first few years, your coverage amount (death benefit) is only the premiums you have paid into the policy + a few percentage points. This means you must live for the specified period before your benefits will “Grade Up” to the full benefit amount.

    How Mortgage Protection Life Insurance Works?

    Mortgage protection insurance, which is also called decreasing term life insurance policies work in the exact opposite way as a level term. Therefore the longer you have a decreasing term policy, the lower the coverage will be and the lower the premiums will go. Eventually you won’t have any coverage at all. Decreasing term policies are sort of dated and most companies are starting to not offer them anymore. Based on all of the options, your best bet is going to be a level term life policy.

    The Future Of Level Term Life Insurance

    Level term life insurance is the most common type of term life insurance in the market.

    The companies that I mentioned above are some of the pioneers of this industry because of the technologies that they created surrounding their life insurance products.

    Several life insurance companies are entering the arena now like Bestow with their Instant Life Insurance products. Currently, they are the only company that plan to offer both direct and instant coverage online.

    This means that not only will you be dealing directly with the insurance company, but you will be able to get a quote, apply online and be covered before the end of the day.

    I can see the Level Term Life market to continue to grow because most other options just don’t make sense.

    Taking Action

    Either way, choosing a level term insurance policy will help keep your family protected, decrease your overall costs over time and help you avoid random expenses.  Don’t wait around, you can click on any of the above buttons to get an instant quote and immediate coverage.

    Frequently Asked Questions

    What is the difference between level term and decreasing term life insurance?

    The primary differences between a level term policy and a decreasing term life insurance policy is that the death benefit of a level term policy will never change.  Death benefits of a decreasing term policy will decrease over the life of the policy down to a specific amount. These policies are usually used for mortgage protection insurance.

    How does a term life insurance policy work?

    The way a term life insurance policy works is that you are given a set amount of coverage, for a specific monthly premium, over a set period of time.

    Should I get level term or decreasing life insurance?

    In my professional opinion, in any case of purchasing life insurance you should always get a level term life plan. There isn’t any real reason to purchase a policy that will decrease in its benefits over time.

    Should I get decreasing life insurance?

    At Simply Insurance we do not recommend purchasing a decreasing life insurance policy for any reason.

    Does Term Life Insurance decrease in value

    Term life insurance itself does Not decrease in value; however, there are some policies that have a decreasing feature attached to them, always ask if your policy is level or not when dealing with life insurance.

    What is annual renewable term life insurance?

    An annual renewable term life insurance policy is a life insurance policy that will renew once per year with a new rate. This product is also known as short term life insurance.

    How does decreasing term insurance work?

    The way decreasing term insurance works is that your death benefits will start out at a high amount, let’s say $500,000 and then over the term, let’s say 20 years; it will decrease down to maybe a $50,000 death benefit, the monthly premiums will decrease as well.

  • Best Pet Insurance In Virginia For Cats & Dogs!

    If you’re a Virginia pet parent, you know that our furry friends’ medical care can be pretty expensive.

    But it doesn’t need to be, and since 55.5% of Virginia residents are pet parents, finding the best pet insurance companies in Virginia has never been easier.

    Whether you’re looking for comprehensive coverage for your dog or just basic coverage for your cat, we’ve got you covered.

    We’ll cover the average cost of pet insurance in Virginia, show you how to get cat health insurance quotes, and get covered for your policy instantly, all online without an agent.

    More Of The Best Pet Insurance Companies In Virginia Below:

    How Much Does Pet Insurance Cost in Virginia?

    The average monthly cost of a pet insurance plan in Virginia for a cat is $27 per month and around $45 per month for a dog. However, consider that your pet’s monthly premiums will be determined by many factors. These factors include their age, policy benefits, and the number of pets you cover.

    How Virginia Pet Insurance Costs Are Determined

    The cost of a pet insurance policy in VA is determined by factors like your pet’s age and breed and where they live, and whether the pet insurance company you chose gives policy discounts.

    Age

    Like their pet parents, the older our pets get, the more health issues they have, which means obtaining their insurance will be both difficult and expensive.

    Breed

    Depending on the breed, specific health problems are more common. As a result, premiums for breeds with many recognized health issues are higher. In comparison, premiums for breeds with fewer known health issues are lower.

    Location

    The cost of your pet insurance is determined by various factors, including where you live. Pet insurance companies cover pets in every state, and vet checkups will be more costly in big cities than in small towns.

    The Coverage Amounts You Choose

    The amount of coverage you choose for your pet insurance policy will also affect the cost of your policy. If you want comprehensive coverage for your pet, expect to pay more each month than if you just want basic coverage.

    Policy Discounts!

    Most pet insurance companies will offer you a multi-pet discount if you have more than one pet to cover. You can also find discounts for first responders, students, military veterans, and active military members of the U.S. Forces.

    How To Get the Cheapest Pet Insurance Coverage in Virginia Fast?

    The fastest way to get the cheapest pet insurance in Virginia is to get your furbaby insured right now and compare quotes from multiple companies.

    Like with most insurance, the younger your puppy or kitten is, the lower your pet insurance premiums will be when you get them covered. And because a newborn kitten or puppy is less likely to have any severe health issues, it will be easier to get them covered. 

    Insuring your pet before health problems appear ensures that you won’t worry about having pre-existing conditions covered or additional waiting periods for your pet.

    Is Pet Insurance Required By Law In Virginia?

    Pets are not required by law to have pet insurance in Virginia. However, we always recommend obtaining pet insurance because it may help you save money on unanticipated veterinary expenses. And, since 95% of pet owners consider their dogs part of the family, having insurance gives you peace of mind knowing that your dog will be cared for if something happens.

    Can I Visit Any Veterinarian or Pet Hospital in Virginia?

    You can visit any Virginia-licensed veterinarian or pet hospital when you have pet insurance. There are no networks, and you don’t have to pick a primary care veterinarian. Most pet insurance providers give you the option to pay in advance and then get reimbursed the difference. However, a few are working to be able to pay the pet owners’ vet directly.

    What’s The Average Vet Cost For Owning A Dog Or Cat In Virginia?

    According to the ASPCA, the first year’s vet bills and expenses for a dog can range from $2,000 to more. The cost of having a cat is significantly lower at an average of $1,174 in the first year. When budgeting for a pet, it’s essential to take into account your vet bill, expenses, as well as insurance.

    Is It Safe To Take My Pet To The Veterinarian during COVID-19?

    Yes, you may take your pet to the veterinarian during COVID-19; some veterinarians have set up Online Vet visits. Online vet visits allow pet owners to stay at home and only depart if there is a true emergency.

    Types of Pet Insurance Plans In Virginia

    The three most common pet insurance policies in Virginia are outlined below:

    Accident And Illness Pet Insurance Plan

    Accident And Illness coverage is the most popular pet insurance plan (and most common) coverage offered by insurance companies for pet owners. Individual companies will differ in what is covered. Still, these plans generally cover accidents, emergency treatment, surgery, hospitalization, cancer, allergies, diabetes, foreign body ingestion, and other factors.

    Accident Only Coverage

    Accident-only pet insurance coverage will cover injuries caused by unexpected events and crises such as culinary mishaps, broken bones, and bite wounds. Premium costs are lower because these plans do not cover sicknesses or hereditary or congenital conditions.

    Wellness And Routine Care Plans

    Even though wellness and maintenance plans are not considered pet insurance, more technology-focused insurance companies are beginning to include them as a built-in benefit. This is fantastic news because until recently, just a few firms in the United States offered these benefits, but for an additional cost.

    However, keep in mind that each company’s policy benefits may vary, so studying your policy perks before purchasing one is critical.

    What Does Pet Insurance Cover In Virginia?

    As a pet parent, it’s essential to know what’s covered in your pet’s insurance policy. Below are the things traditionally covered in an Accident & Illness pet insurance policy:

    • Illnesses
    • Accidents
    • Hereditary Conditions
    • Cancer
    • Surgery
    • Prescription Medications
    • Congenital Conditions
    • Chronic Conditions
    • Diagnostic Treatment
    • X-Rays, Blood Tests, Ultrasounds
    • Hospitalization
    • Alternative Treatment
    • Emergency Care

    You’re covered if your pet needs treatment for any accident or sickness, and it isn’t a pre-existing condition. It’s that easy. 

    What Does Pet Insurance Not Cover In Virginia?

    Virginia pet insurance plans do not cover pre-existing conditions, behavioral disorders, exam costs, preventative care of your pet, or dental cleanings. Depending on the company, they may or may not cover hip dysplasia in the first year.

    However, as we saw above, any of the best pet insurance providers can offer preventative and wellness treatments at an extra charge or include them as bonus benefits in your policy.

    Comparing The Top Best Pet Insurance Providers In Virginia

    We’ve outlined the top best pet insurance providers in Virginia for 2022 below, along with their strengths and weaknesses:

    Best For Unlimited Coverage

    Best For Alternative Therapies

    Best For Puppies and Kittens

    Best For Hereditary Conditions
    Cell

    Spot

    Healthy Paws

    Pumpkin

    ASPCA

    Co. Highlight

    No co-payment

    No per-incident, annual or lifetime caps

    Preventative care packs

    Covers stem cell therapy

    Deductibles

    $100-$1,000

    $100, $200, $500

    $100, $250, $500

    $100-$500

    Reimbursements

    70%, 80%, 90%

    70%, 80% or 90% for pets up to 7 years

    90%

    70%, 80%, 90%

    Annual Limits

    $2,500 – $20,000, Unlimited

    Unlimited

    $10k – Unlimited for Dogs, $7k – Unlimited for Cats

    $3,000-$7,000

    Available Discounts

    Multi-pet discount

    N/A

    Multi-pet discount

    Multi-pet, Employee discount

    Best Top Alternative To Pet Insurance In Virginia

    While it’s not pet insurance, Pawp is a secure approach to keep dogs healthy and avoid them from being in hazardous situations. The company is governed by membership models where subscribers pay monthly fees.

    They also offer an intelligent 24/7 digital health platform with unlimited video chats and messages for a single, flat subscription price.

    They also provide a $3,000 maximum in annual vet expenses for unforeseen medical problems or illnesses. 

    Best Pet Insurance Alternative

    Pawp is a cost-effective alternative to pet insurance that covers one emergency visit per year for one of up to six pets in your home. It also offers a smart 24/7 digital health platform with unlimited video chats and messages for a single, flat subscription price.

    Choking, blockages, and poisonous meals are examples of covered emergency situations. However, Pawp does not provide any health or preventative coverage.

    How To Get Free Pet Insurance Quotes In Virginia?

    Overall, pet insurance is a great way to financially protect yourself and your furbabies. When it comes to finding the best pet insurance quotes in Virginia, doing your research is vital!

    So what are you waiting for? Click on any of the above buttons to get free quotes and compare plans today to find the best insurance in Virginia for your pet.

    Frequently Asked Questions About Pet Insurance Virginia

    Is pet insurance worth it in Virginia? Does pet insurance work?

    Yes, pet health insurance is worth it in Virginia. Pet insurance can cover accidents, illnesses, surgeries, and hospitalizations, depending on the policy. This can be a great way to financially protect yourself and your pet in case of unexpected medical expenses.

    How much is dog insurance a month in Virginia?

    The average monthly cost of dog insurance in Virginia is around $45 per month. However, your dog’s premiums will be determined by many factors, such as their age, policy benefits, and the number of pets you are covering.

    Do all pet insurance companies offer the same coverage in VA?

    No, not all pet insurance companies offer the same coverage in Virginia. It’s essential to read the terms and conditions of any policy before signing up to make sure you’re aware of what is and isn’t covered. Especially if you have a pet with pre-existing medical conditions.

    How much is cat insurance a month in Virginia?

    The average monthly cost of cat insurance in Virginia is around $27 per month. However, your cat’s premiums will be determined by their age, policy benefits (such as preventative care), and the number of pets you are covering.

    Best Pet Insurance In VT

    Best Pet Insurance In Washington

  • What Insurance Do I Need For A Home Remodel In Apr 2026?

    After cooking what feels like 3,985,464 meals in a cramped space, are you finally getting the kitchen of your dreams?

    Are you adding a sunroom, updating the bathrooms, or finishing the basement? 

    Maybe your replacing your roof?

    Whatever your home renovation project is, you have likely worked hard, saved up, and waited patiently for this day to arrive. Insurance is an essential component of any home renovation project—and for good reason.

    Your remodel will involve major machinery and probably electrical and plumbing work too. Construction is dangerous, machinery fails, and even the most talented, experienced tradesmen make mistakes and get hurt. 

    Insurance will protect your home, your investments, and the people working on your property to make your home updates possible.  Below are specific requirements and laws surrounding insurance for home remodels.

    Am I required to have insurance?

    Unlike car insurance, insurance is not required to own a home. However, if you finance your home, your lender will likely require home insurance coverage. 

    In addition (pun intended), home insurance is not required to add an addition to your home.

    But, since you care enough about your home to be spending money to improve it, insuring it should be a no brainer for you.

    Will my homeowners’ insurance cover remodel work?

    Maybe, but probably not. It depends on your coverage and the work that is being done. It is very important that you talk to your insurance agent to find out what you need for your renovation.

    In the world of insurance, there are millions of loopholes—loopholes within loopholes.

    For instance, if you and your family are not living in your home during any part of the renovations, your homeowners’ insurance policy can deny all claims for damages caused while you were away.

    Another thing that you need to think about is the increased value of your home.

    The updates you are doing will change how much your home is worth, and you could be left drastically underinsured. 

    Plus, home upgrades that improve the safety and security of your home will lower your home insurance payments up to 35 percent, so don’t delay on updating your policy.

    What insurance should I get?

    Before you begin your home remodel project, you should seriously consider investing in Renovation Insurance.

    This coverage is designed specifically for the job and will keep you from losing thousands of dollars due to lost, stolen, or damaged items. 

    Renovation Insurance covers the cost of construction materials while they are in transit and are being stored at your home before they are used.

    These materials are very expensive, and therefore a prime target for thieves. 

    If you won’t be living in your home for over 60 days during the renovations, you should look into Vacant or Unoccupied Home Insurance.

    This will cover damages, vandalism, and even theft while you are away. 

    When hiring for the job, take these steps

    Step #1 – Ensure workers are licensed, bonded, and insured.

    Most often, state laws require construction workers to be licensed before they can be paid to do construction work.

    Also, you need them to be bonded in case anything goes wrong causing them to not complete your job. 

    Additionally, you need to make sure everyone who works on your home is covered by general liability insurance and workers compensation.

    If they aren’t covered by their own insurance, you potentially face getting sued and having to pay all of the medical expenses if someone gets injured on your property.

    Step #2 – Check for coverage on vehicles, supplies, and subcontractors

    You need to make sure that the insurance your general contractor carries also covers his subcontractors, business vehicles, and equipment.

    You do not want to get stuck paying for damaged or stolen vehicles, machinery, tools, or worse, someone trying to scam the system. 

    And again, if someone working on your property isn’t insured, you could wind up being forced to pay their medical bills on top of your expensive home renovation project.

    Step #3 – Confirm there’s adequate coverage

    Remember insurance has loopholes and limits. It’s your responsibility to make sure they carry enough insurance for the job you’re hiring them for.

    All construction workers that you hire should have at least $1,000,000 in general liability and workers compensation coverage. 

    Insurance can make the difference between thousands of dollars lost due to major damages and a minor setback.

    Angel O’Neill, co-owner of Huntingdon Roofing, explains this with a real-life example:

    “We had one of those unpredictable storms come through in the middle of a two-day roofing job, and it damaged the home. The insurance covered everything, and it ended well, even though it had been a horrible thing to go through.”

    Step #4 – Get added to their policy

    Now, this is a trick most people don’t know about. You can get added to your contractor’s general liability policy for little or no charge at all. 

    “This verifies the insurance is active, as it’s dated and comes from the insurance agent, and if he misses a payment and the insurance is canceled, they have to send you notice.” 

    – Bob Davenport, president of Humble & Davenport Insurance Brokers

    Plus, if the insurance pays for damages, your name is on the insurance check. This prevents a dishonest worker or company from taking your insurance money and disappearing with it. 

    Step #5 – Keep a record

    Take pictures before the work starts and through the entire process. Save receipts for all supplies and work you sign off on.

    If you have to file an insurance claim, you will need proof of what the supplies, materials, and time were worth.

    Investments that Pay Off

    Was this more than you budgeted for?

    Don’t rush your remodel if you aren’t able to do it right.

    You have to spend time and money to protect your home and finances if anything goes wrong during the entire process of the job.  

    It might seem like a lot of work, but you don’t want to get stuck paying for lost, stolen, or damaged items.

    Taking Action

    Remember, construction materials are expensive. Taking these steps will keep you from getting scammed or ending up having to pay thousands for damages or injuries sustained during the renovation. 

    This part of the renovation research won’t be as fun as the online browsing, home inspiration photos, and idea boards, but investing in adequate insurance and the right construction team will keep a nightmare from becoming a reality.

    You will want to do all you can to avoid thousands in unexpected bills and years of litigation.