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  • What Is Personal Property Insurance & How It Works In Apr 2026!

    If you have homeowners, renters, or condo insurance, you likely have personal property coverage.

    You may not understand exactly what that means, but that’s okay.

    As you know, I am a huge fan of talking about insurance in “plain English.”

    In this article, we’ll explain what personal property insurance covers and what that means in conjunction with your homeowners or renters insurance.

    What is Personal Property Coverage?

    So, what is personal effects insurance? The personal property section of your insurance policy is also known as contents coverage, contents insurance, or coverage C.

    It is the part of your renters or homeowners insurance that covers your personal belongings in case of loss, vandalism, or ruin.

    Contents insurance protects you against damage, destruction, or loss in the case of a covered peril.

    It will help you recover the cost of your items so that you can repair or replace your belongings up to your policy limit.

    What Does Personal Property Insurance Cover?

    The personal property insurance definition is: “the stuff you own,” according to Lemonade Insurance. It is, for all intents and purposes, your home’s contents.

    Every insurance policy is slightly different, but typically, the following items are covered by your personal property insurance coverage, up to your policy limits.

    • Furniture (both indoor and outdoor)
    • TVs, appliances, and rugs
    • Cameras and other electronics
    • Some plants
    • Clothing, uniforms, and gear
    • Bicycles and other sporting goods
    • Computers, tablets, and gaming systems

    What is essential to understand is that your contents insurance only covers your belongings up to your policy limits.

    You set these limits when you set up your policy—the higher your limits, the higher your monthly premium.

    As an example, say that someone steals your laptop from your car.

    Your personal property insurance claim can help you to pay for a new one. In another scenario, say that your friend brought his Dungeons & Dragons books over for a game.

    During the evening, lighting strikes and starts a fire. You and your friend are okay, but the fire destroyed his manuals.

    They would be covered by your personal property insurance (if not already covered by his) because they were in your home when the damage happened.

    If you have high-value items like jewelry or art, your insurance policy may not cover these fully. We’ll discuss this in more depth later in this article.

    What Isn’t Considered Personal Property?

    Now that you have a good idea of what your personal property insurance covers, let’s look at what it doesn’t cover.

    • Cars, motorcycles, boats, and other motorized vehicles
    • Animals and pets
    • Your landlord’s, roommate’s, or sub-lets belongings
    • Costs above your policy limit

    What are Covered Perils?

    Your homeowners or renters insurance will only pay out for damage, loss, or destruction that they cover—and sometimes the lines can get a little blurry.

    For example, if a burst pipe floods your home, damaging your items, your insurance policy will cover them.

    However, if a flood originating outside of your home destroys them, your belongings will not be covered, unless you flood insurance as well.

    Most policies cover the following:

    • Smoke and fire damage
    • Lightning, wind, and hail damage
    • Vandalism and theft
    • Internal water and freezing damage
    • Riots and explosions
    • Airplane crashes

    If you live in an area known for floods, mudflow, earthquakes, or sinkholes, it is smart to purchase separate policies to protect against these types of natural disasters.

    Some mortgage companies require such policies at signing.  As always, it is best to look at your policy and understand what your covered perils are.

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    Coverage for Jewelry and High-Value Items

    As mentioned, most insurance policies only cover high-value items like jewelry, art, firearms, investment metal, and others up to a specific limit.

    If you own these items, it is wise to get extra coverage on your personal effects policy.

    Some companies refer to this as “scheduling personal property” or “endorsements,” while others may recommend a separate policy altogether.

    It depends on your insurance agency and the value of your high-ticket items.

    How Much Personal Property Coverage Do I need?

    Your personal property insurance coverage should be an amount equal to or higher than the value of your belongings.

    We recommend that you spend some time going through your home and taking an inventory—make a list, take pictures, or make a video of your belongings.

    You don’t have to list every single shoe, but you should know the general cost of replacing your shoes as a whole.

    Once you have a final number, round it up to the nearest $10,000.

    Some insurance companies have a home inventory worksheet, but you can find templates for Excel or Google Sheets for free online.

    Then, you need to consider the type of replacement cost you want in your policy: the actual cash value or the replacement cost value.

    Actual Cash Value

    Most insurance policies replace your lost or damaged items at their actual cost value. That means they are paying you the depreciated cost of your item.

    You’ve likely heard that your car loses value as soon as you drive it off the lot, or that your computer immediately becomes obsolete once you get it home.

    That’s what depreciation is—the decrease in the value of your items over time.

    Actual cash value is the standard coverage in most policies. You can, however, opt into replacement cost coverage with most insurance companies.

    Replacement Cost

    If you get replacement cost coverage, you will be paying a slightly higher monthly premium. However, you will lock in the replacement value of your belongings.

    Your insurance company will pay you the actual cash value of your items, and then reimburse you any cost difference once you have replaced the item.

    Make sure to keep your receipts and documentation if you take this option. You will need them to make a personal property insurance claim.

    How Much Does Personal Property Coverage Cost?

    As with all insurance policies, the type of insurance, your location, and your coverage limits will determine your costs.

    However, we can give you a general estimate.

    For personal property home insurance, depending on your location, you can expect to pay anywhere from $700 to $1,700 a year.

    For personal property renters insurance, you will pay anywhere from $140 to $300 a year.

    Taking Action

    Personal Property insurances protects your belongings from loss, damage, or destruction.

    It’s easy to see how important it is to have personal property insurance coverage and understand what that coverage entails.

    If you want to update your homeowners insurance, we’ve done the hard work for you—check out the top four companies or get your free quote for homeowners insurance or renters insurance today.

  • Best Condo & HO6 Insurance In Michigan!

    If you’re like the 1,969,057 Michigan residents that own a condo, you might be wondering how to get the best condo insurance for your investment.

    Most individuals are unaware that Michigan condo insurance rates differ significantly between insurance companies – often by hundreds of dollars each year!

    So read through our post reviewing the top condo and HO6 insurance providers in Michigan before purchasing new coverage or renewing your existing policy this year.

    What Is The Average Annual Cost Of Michigan Condo Insurance?

    The average annual cost of condominium insurance is $369, or about $31 per month. However, bear in mind that the final price will vary for all condo owners depending on where you reside, your deductible amount, liability coverage options, and other plan options.

    What Affects the Costs of Your Condo Insurance Michigan?

    Where you reside – The expense of condominium insurance varies from city to city depending on such factors as the presence of fire risks and criminal activity. Security measures such as security cameras or living in a guarded community can also lower homeowners insurance premiums.

    Your deductible – A higher deductible implies lower monthly payments. Would you prefer to pay less each month and spend more at once or pay more each month while having a larger deductible? It depends on your budget and personal belongings. Always be mindful when viewing any Michigan condo insurance quotes.

    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 liability coverage limit on your homeowners insurance policy. However, such a change might increase the cost of your home insurance plan.

    How Much Michigan Condo Insurance Do I Need?

    Your condo insurance policies should have at least $300,000 to $500,000 in coverage if you can afford it. The final amount of coverage that you’ll need will be determined by the expenditures of replacing various items.

    However, most condo insurance covers at least $100,000 in losses, and they generally cover the value of your unit on a condo with a mortgage.

    You should also think about additional coverage for things such as:

    Your Home Office – You can’t forget equipment inside your home office either. Our home offices are just as equipped as actual offices nowadays, so be mindful of the costs.

    Furnishing 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 in detail. 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 understand better how much coverage you need.

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

    What Does HO6 Insurance Cover In Michigan?

    It’s critical to know what your condo insurance protects and won’t protect. We’ll go through everything that condo insurance covers:

    Personal Property Coverage

    The coverage of your personal belongings is an essential part of a condo insurance policy. If your items are stolen or destroyed due to a covered loss such as fire or water damage, they will be compensated.

    This coverage will generally cover your belongings on a replacement cost basis. Replacement cost coverage is when the insurance company reimburses you what it would cost to replace the item today, not what you paid for it previously (known as actual cash value replacement. You always want to be sure you have a replacement cost policy when searching for condominium insurance.

    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 precisely 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 protect you financially with legal expenses if they decide to sue. You would be surprised at how much the defense costs.

    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

    Suppose you can no longer live in your unit because of damage caused by a covered loss. In that case, your policy will help cover your living expenses such as hotel and travel costs or other additional living expenses while your unit is being repaired.

    What Doesn’t Condo Insurance Cover In The State Of Michigan?

    Although condo insurance covers a lot of things, it does not cover the following items:

    • Floods
    • Earthquakes 
    • Wear And Tear
    • Nuclear Hazards
    • Intentional Injuries To Others
    • Damage From Birds,
    • Destruction From Rodents
    • Damage From Insect

    What Will My HOA Master Policy Cover In MI?

    The HOA’s “master policy” in Michigan typically covers damage and personal injury. The Home Owners Association’s policy should cover repairs to the property’s common areas such as:

    • Roofs
    • Common Walls
    • Lobbies or atriums
    • Stairwells
    • Elevators
    • Basements
    • Fitness centers 
    • Pools
    • Ponds & Lakes
    • Playgrounds.

    Is Loss Assessment Coverage included in Michigan Condo Insurance?

    In Michigan, our condo insurance plans cover up to $2,000 in claim compensation. It may assist pay the common loss payment for your HOA.

    Condo Insurance Vs. Home Insurance & Renters Insurance

    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
    • Coverage For Loss Assessment

    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

    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

    Is Condo & Townhome Insurance The Same Policy?

    A townhouse owner is generally responsible for both the inside and outside of the property since everything on the lot it’s built on is their responsibility.

    A condo-unit insurance policy is an HO-6, whereas a townhome insurance policy is an HO-3.

    Is H06 Condo Insurance Required By Law In Michigan?

    Although there are no laws in Michigan requiring condominium homeowners to obtain insurance, obtaining a policy is the best thing you can do for your condo unit.

    Your primary residence will be one of the most important purchases you’ll ever make, not insuring it would be a big blunder.

    Also, keep in mind that just because it isn’t required by law doesn’t mean your mortgage lender or condo association won’t require it.

    Can A Mortgage Lender Require Condo Insurance Coverage In Michigan?

    Yes, before you can officially buy your condo, your mortgage lender will require that you purchase condo insurance.

    Once you pick the insurance company that you think would be best to cover your newly bought home, they’ll tell you your premium, and you’ll set your coverage to begin on the day of your closing.

    Your lender will want you to have homeowners insurance lined up and ready to go before you come to the closing.

    How Can I Get A Condo Insurance Quote Online In Michigan?

    You can get quotes on your condo and coverage online in Michigan, here, at Simply Insurance.

    Buying coverage online is the quickest and simplest method to obtain coverage.

    All you have to do is click here to get some instant quotes and get covered today.

    Michigan Condo Insurance Frequently Asked Questions

    What is the average monthly cost of condo insurance in Michigan?

    The typical condo insurance cost per month is around $31. in Michigan. However, keep in mind that final rates and costs all depend on your specific needs and situation.

    Is condo insurance expensive?

    No, compared to a traditional homeowners insurance policy, condo insurance isn’t that expensive.

    Is insurance higher on condos?

    Depending on your specific situation, insurance is usually NOT higher on condos than it is on a traditional single-family home. The primary reason is that someone living in a Condo will need less coverage for their home, which in turn means they will pay less on a monthly basis.

    Do you really need condo insurance?

    It’s always a good idea to get condo insurance. Even if you don’t have any valuables, you may want liability protection. Most condo homeowners associations also demand that owners carry insurance.

  • What Is Short Term Life Insurance | The Definitive Guide!

    It’s hard to look past the importance of life insurance.

    However, it can be a challenge to find the time to get covered or try to figure out all the things surrounding life insurance.

    But, there is something you can do about it:

    In this post today, I am going to go over how temporary life insurance works, who should purchase it and how you can get short term life insurance quotes and coverage in under 5 minute

    How Much Does Short Term Life Insurance Cost?

    Rates for short term life insurance are super affordable and your benefits are the same as with any traditional life insurance policy. You can use our custom quoter to check your rates for a 10 year term insurance policy.

    Short Term Life Is Another Name For Temporary Life Insurance

    You might not know this, but temporary life insurance is also known as short term life insurance. It was given these names because of how long the policy will stay in force. Until recently, there had been only two types of short term life insurance.  Now, the shortest term you can usually obtain is 10 years.

    10 Year Term

    This is the longest of the short term options; however, you will find that most companies are bypassing this option and going straight to the 10 year term life insurance with no exam policy.

    Who Needs Short Term Life Insurance?

    Someone Who Procrastinates

    You know you need to take action but you just don’t seem to be able to pull the trigger because you know there will always be time to complete the process.

    This is the best product for you because it takes less than 5 minutes to get some quick coverage in-force, you don’t have to think about it.

    Afraid of Committing

    If you are afraid of choosing a policy amount without knowing what the future could hold, then this policy is great for you.

    It really gets rid of you being afraid that you won’t have enough coverage or that you are getting locked into the wrong plan.

    A Freelancer, Side Hustler, and Entrepreneur

    If you are doing any of the above professions, then you need life insurance, but you probably don’t need as much coverage today that you will need tomorrow.

    Maybe you want to test out your business idea for a few years or see how freelancing works, this is the best reason to start a 2 year term life policy.

    In The Middle Of A Life Event

    If you are switching careers, having a baby, getting married, or just in-between jobs, a short-term life insurance policy is probably your best option.

    It gives you the ability to stay covered until things settle down and you know which direction you are going in.

    Short Term Is Better Than No Coverage At All

    Purchasing a short term life insurance policy is all about giving yourself some breathing room to take out the time to better understand your life situation.Just think about it, why go uninsured just because you need to figure out future plans. If you plan on buying a home or renting, will you be going back to school or even having kids or starting a business? You need to have all of these things in mind when it comes to determining the amount of life insurance you will need.

    Taking Action

    Now that you understand what short term life insurance is and how it works, it’s time to take action and buy life insurance!

  • What Is A Waiver Of Premium Rider And Is It Worth It?

    It’s easy to think that you won’t need the waiver of premium rider. Especially if you want the lowest rate when looking for life insurance. But if you face a disabling illness the last thing you would want is for your policy to lapse.

    In this guide I will go over the waiver of premium rider, explain how it works, and discuss the rider would work together with your life insurance policy.

    What is a Life Insurance Rider?

    What Is A Waiver Of Premium Rider And Is It Worth It? are add-on provisions to your life insurance policy that you can optionally choose to purchase for greater flexibility and benefits beyond the standard plan.

    Riders work especially well if you fall ill. Several kinds of riders exist, including term life, accelerated death benefit, guaranteed-purchase-option, and waiver of premium riders.

    Let’s look at how the waiver of premium rider works for people with disabilities, which is one of the more common riders.

    What is the Waiver of Premium Rider?

    The waiver of premium first came to the U.S. in the 1890s. As sickness became more widespread in North America and Europe, more people defaulted on their premiums due to a loss of income from disability.

    This caused the insurance companies came up with a solution—the waiver of premium rider. A waiver of premium rider is a policy underwritten by the insurance company that will cover the total cost of the premium if you become disabled.

    In other words, you can forego the premium and still retain your life insurance policy. Additionally, although most term life and whole life plans will waive the full cost of premiums with a rider, other plans—such as universal or variable life plans—will waive only the insurance charges for the premium.

    If you’re purchasing a life insurance policy for the first time or switching to a different provider, you may want to factor in the waiver of premium rider before settling on a specific plan.  

    How Much Does a Waiver of Premium Rider Cost?

    It’s going to depend on the policy; some policies come with it included in the cost while others charge an additional premium.  You can use our quote tool below as well.

    Can I Get Term Life Insurance Quotes Online? 

    Yes; the fastest way to get term life insurance quotes without personal information or an agent calling is by using the free quote form to the right: 

    Average Cost Of

    Return of Premium Rider

    Also, keep in mind the difference between a waiver of premium vs. a return of premium rider. The two terms are completely different, but easy to confuse due to the similar phrasing. A return of premium rider sets a premium payment plan for a set time, like 20 or 30 years.

    However, if you live beyond the duration of that payment plan, you receive a refund or a return of your insurance premiums paid during that time.

    How Does This Rider Define A Disability?

    This section can be tricky, as insurance providers’ definitions of disability may not align with your interpretation of disability.

    To qualify and have your premiums waived, you must be totally disabled. But, what does total disability mean?

    Total disability entails an illness or injury that leaves you unable to work. Total disability applies to both your current place of employment and any job for which you have been previously trained or are qualified to work. Bear in mind that several insurers will not enact the waiver of premium benefit for some or all of the following conditions that can lead to a disability:

    • A suicide attempt or other form of self-harm
    • Operating an aircraft
    • Military service during wartime

    But some policies specify total disability even further, restricting who can qualify. Many policies require that you must fit one or both of the following criteria for total disability:

    • Loss of sight in both eyes
    • Inability to use both feet or both hands (or one hand and one foot)

    Most companies will also put in place provisions so that they cannot contest or challenge your claim of disability beyond a certain period after the rider goes into effect.

    This incontestability clause protects you as the beneficiary and ensures that you benefit from your waiver of premium. Lastly, you will need to continuously provide evidence of total disability, such as a doctor’s examination.

    If you are no longer disabled, you are legally obliged to inform your insurer, which may require you to restart premium payments.

    Is There A Waiver of Premium Waiting Period?

    Unfortunately, nearly all insurance policies stipulate waiting periods before your waiver takes effect. For most policies, this waiting period lasts for six months (180 days) after you become disabled. After six months, your waiver will apply, and you will no longer have to pay your premiums as long as you remain disabled. So, bear in mind the waiver of premium waiting period, and factor in six months of payments before expecting the premium costs to lapse.

    Any Age Limits on the Waiver of Premium?

    Yes. The exact age limit depends on the policy.

    Some policies specify that the waiver must kick in before the policy anniversary closest to the insured’s 65th birthday.

    Others state that the age limit is 60; if you become disabled after that age, you will likely not qualify for the waiver of premium rider. Due to potential ineligibility, you may want to avoid purchasing a waiver of premium rider if you are fast approaching 60 and considering purchasing a new life insurance policy.

    However, you will need to weigh the costs and determine whether that’s a risk worth taking.

    Is a Waiver of Premium Rider Worth It?

    Right now, you’re probably asking one question: is the waiver of premium rider worth it?

    In the grand scheme of things, the rider is not a huge expense. If you don’t become disabled, you might feel that it’s not worth the price.

    But life is unpredictable, and you cannot predict whether you will suffer an accident on the job or an illness that can lead to temporary or permanent disability and loss of income. Should that happen, you may face the tough decision of deciding whether to pay your mortgage or pay your life insurance premium.

    Rather than leaving matters up to chance, it’s best to consider a waiver of premium rider to safeguard your future.

    Taking Action

    Even if you become disabled and lose your job, a waiver of premium rider offers you peace of mind and comfort. You will be able to retain your life insurance policy and provide for beloved family members upon your passing. If you need life insurance, you can get immediate quotes and coverage by clicking here or on any of the above buttons.

  • Best Pet Insurance In Oregon For Cats & Dogs!

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

    But it doesn’t need to be, and since 59.2% of Oregon residents are pet parents, finding the best pet insurance companies in Oregon 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 Oregon, show you how to get immediate cat insurance, and get covered for your policy instantly, all online without an agent.

    More Of The Best Pet Insurance Companies In Oregon Below:

    How Much Does Pet Insurance Cost in Oregon?

    The average monthly cost of a pet insurance plan in Oregon for a cat is $28 per month and around $46 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 Oregon Pet Insurance Costs Are Determined

    The cost of a pet insurance policy in OR 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 Oregon Fast?

    The fastest way to get the cheapest pet insurance in Oregon 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 Oregon?

    Pets are not required by law to have pet insurance in Oregon. 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 Oregon?

    You can visit Oregon-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 Oregon?

    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 Oregon

    The three most common pet insurance policies in Oregon 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 Oregon?

    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 Oregon?

    Oregon 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 Oregon

    We’ve outlined the top best pet insurance providers in Oregon 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

    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 discount, Employee discount

    How To Get Free Pet Insurance Quotes In Oregon?

    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 Oregon, 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 Oregon for your pet.

    Frequently Asked Questions About Pet Insurance Oregon

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

    Yes, pet health insurance is worth it in Oregon. 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 Oregon?

    The average monthly cost of dog insurance in Oregon is around $46 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 OR?

    No, not all pet insurance companies offer the same coverage in Oregon. 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 Oregon?

    The average monthly cost of cat insurance in Oregon is around $28 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 OK

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  • How Many People Have Homeowners Insurance In The US?

    With nearly 80 million homeowners in the United States, you would be shocked to know that 95% of them have some form of homeowners insurance, yet 60% of them are underinsured. This means that some 45.6 Million households are still at risk if they suffer a covered loss on their home. In this post we will cover how many people in the U.S. are covered, some claims statistics and the average costs of home insurance.

    Top Homeowners Insurance Statistics:

    • More than 95% of homeowners in the U.S. have homeowner’s insurance.
    • The average home insurance claim amount is $12,474.
    • The average cost for homeowners insurance is $109.00 per month in the U.S.
    • 60% of insured households are underinsured on their homeowner’s policy.
    • 78% of all home insurance policies are HO-3 Policies.
    • 85% of homeowners have fire insurance.
    • 98% of annual claims are from property damage.
    • 5% of insured homes filed a claim successfully in 2019.
    • Water damage and freezing accounted for 29.4% of homeowner’s insurance losses in 2019.
    • 34.4% of Insurance losses are caused by wind-related claims.

    TABLE OF CONTENTS

    Number Of Homeowners In The U.S. With Coverage

    How Many People Have Home Insurance In The U.S.?

    More than 95% of homeowners in the U.S. have a homeowner’s insurance policy.

    How Many People Do Not Have Home Insurance In America?

    Around 5% of homeowners in America don’t have home insurance.

    How Many Households Are Underinsured In America?

    60% of insured households are underinsured on their homeowner’s policy.

    Average Cost Of Home Insurance

    What Is The Average Cost Of Homeowners Insurance?  

    The average cost of homeowners insurance is around $109.00 per month in the United States and homeowners are now starting to comprehend how costly insurance for their home can be. It’s essential to compare rates and shop around before purchasing a policy.

    Average Cost Of Homeowners Insurance By State

    Below we cover the average cost of

    Types Of Home Insurance Policies

    What Is The Most Popular Homeowners Insurance Policy?

    According to the Insurance Information Institute, approximately 80% of all homeowner insurance policies are HO-3 policies and 85% of homeowners have fire insurance coverage on their plan.

    The 8 types of home insurance policies Are:

    Homeowners Insurance Claims Statistics

    What Is The Average Home Insurance Claim Amount?

    The average home insurance claim amount is $12,474, with 98 percent of annual claims stemming from property damage and 34.4 percent of those claims coming from wind-related causes. 5% of homes submit a successful home insurance claim on a yearly basis.

    The average home insurance claim amount is $12,474, with 98 percent of annual claims stemming from property damage and 34.4 percent of those claims coming from wind-related causes. 5% of homes submit a successful home insurance claim on a yearly basis.

    Insurance Companies By Market Share In The U.S.

    Top 10 Home Insurance Companies Based On Market Share

    Below we cover the top 10 home insurance companies based on market size:

    • Allstate – 8.44%
    • American Family –3.23%
    • Farmers Insurance – 5.96%
    • Liberty Mutual – 6.86%
    • Nationwide – 3.60%
    • State Farm –18.63%
    • Travelers – 3.76%
    • Farmers Insurance – 5.96%
    • USAA – 6.05%

    Concluding Thoughts

    Taking Action

    The average cost of homeowner’s insurance is $109.00 per month, but the majority of homeowners (60%) are underinsured on their policy and only 78% have HO-3 policies. This means that many people may not be covered for some losses like water damage or freezing which account for 29.4% of homeowner’s insurance loss in 2019.

    If you’re not sure how much coverage your home should have, or if the one you have isn’t sufficient for what it costs, you can check out this article on how to get instant home insurance quotes and immediate coverage with affordable prices and higher limits.

    Sources:

    Value Penguin | Insurance Information Institute |

  • Best Dental Insurance In Alabama For Individuals & Families (Rates from $28/month!)

    Even though Alabama is ranked number #46 in the nation for overall dental health.

    Some 62% of Alabama residents still blame cost as the main reason they haven’t visited a dentist in the last year.

    But guess what, if you’re looking for the best cheap dental insurance in Alabama to help you save money on your oral health costs, you’ve come to the right place!

    We’ve compiled the top individual dental insurance plans available in Alabama and put them into one post for you.

    We also discuss the average cost of dental insurance in Alabama and show you how to get cheap dental insurance and coverage online in minutes.

    How Much Does Dental Insurance Cost In Alabama?

    In Alabama, the average cost of dental insurance is $28 per month or about $336 per year. However, the final price will be determined by your choice of dental benefits, tobacco usage, the number of people covered on your policy, and location.

    What Factors Influence The Cost Of Alabama Dental Insurance Plans?

    When determining the cost of a dental policy, insurance providers consider several factors. We’ll go through some of the most crucial ones below, which are:

    Your Location – One of the most essential elements that insurance providers consider when setting your dental insurance rates is where you reside.

    Coverage Levels – If you’re purchasing a policy for the first time, you’ll notice that each insurance company will allow you to choose from several deductibles, co-pay, and yearly maximum options.

    Overall Dental Health – Dental health is a significant factor in insurance and cost. Because the better your dental health, the less you need to use your policy and coverage, it’s essential to maintain good dental hygiene.

    Annual maximums – A policy’s annual maximum is the most your plan will pay out for coverage in a plan year. This means that the lower your annual maximum, the higher your out of pocket expenses will be.

    Is Dental Insurance Required By Law In Alabama?

    Dental insurance isn’t required by law, but purchasing dental insurance in Alabama is advisable because you never know when you’ll need it. If you don’t have dental coverage, paying for dental costs might be extremely difficult, if not impossible.

    Do I Have To Use A Health Insurance Marketplace To Buy Alabama Dental Plans?

    You do not have to use the Marketplace to get dental plans in Alabama; however, if you want to add dental coverage to a Marketplace Health policy, you can only add it during open enrollment and when choosing your policy.

    Types of Dental Insurance Plans In Alabama

    Several dental insurance policies are available, whether you’re purchasing Alabama dental insurance for yourself or your entire family. The most popular types of dental insurance coverage are DHMO (Dental Health Maintenance Organization) and PPO dental plans (Preferred Provider Organization).

    A Dental HMO (Dental Health Maintenance Organization) Plan

    A DHMO may be a more cost-effective dental insurance coverage. You pay less on premiums but must use dentists in the plan’s provider network. If your dentist is already in-network, this could be an excellent choice.

    A Dental PPO (Preferred Provider Organization) Plan

    This is typically the most expensive choice, but it comes with more choice and the opportunity to pick a dentist you prefer. If you require specialist care, you won’t need to see your regular dentist for a referral (like you would in an HMO).

    What Does Dental Insurance Cover In AL?

    Alabama’s dental insurance plans cover preventative exams, routine teeth cleaning, fillings, and X-rays. Dental insurance policies may also include periodontics, endodontics, dentures, bridges, root canals, and other surgical treatments. Make sure to compare the coverage of the plan you’re considering so that you know what to expect in terms of out-of-pocket costs.

    Limitations of Dental Insurance Plans In Alabama (Annual Maximums)

    Every dental insurance plan has a limit on what it will pay out each year, and for many people, that amount is low. All expenses over that amount are charged to you. If your plan has a yearly cap of less than $1,500, you’re responsible for all costs over $1,500. It’s easy to reach your maximum if you require a crown or root canal surgery. There may also be waiting periods for specific treatments depending on the plan you choose.

    What Does Dental Insurance Not Cover In Alabama?

    Dental insurance does not cover aesthetic dentistry, which is the treatment of teeth for cosmetic purposes. Because they are not considered “medically required,” cosmetic treatments are never covered by insurance. Teeth whitening and veneers are examples of esthetic procedures. These therapies improve a person’s appearance rather than replacing damaged teeth.

    Are There Any Dental Insurance Alternatives In Alabama?

    The most popular alternative to Alabama dental insurance is a dental discount plan or a prepaid dental plan.

    What Is A Dental Discount Plan?

    Dental Discount Plans, also known as Dental savings plans, are designed for individuals, families, and groups looking to save money on their dental care needs. Plan members save 10-60% on the typical cost of dental care and treatments at a nationwide network of usually more than 100,000 dentists. This type of coverage is not considered insurance but more a membership program.

    How To Get Free Dental Insurance Quotes In Alabama?

    There is no reason to go without dental insurance coverage in Alabama, especially when it’s so easy to find a plan that suits your needs and budget!

    The best approach to finding affordable dental plan rates in Alabama is to compare numerous quotes from multiple companies online.

    All you have to do is click here or on one of the above buttons to get free individual & family dental insurance quotes. Best of all, you can get covered in minutes.

    Frequently Asked Questions About Dental Insurance Alabama

    How does dental insurance work in Alabama?

    Although dental insurance has a monthly premium similar to health insurance, many plans have a coinsurance structure. A Dental PPO plan is most often covered under a 100/80/50 coinsurance ratio. That breaks down as follows:

    • Preventive care including cleanings, exams, and X-rays at 100%
    • Basic dental procedures, such as fillings at 80%.
    • Major procedures, such as crowns and dentures at 50%

    How much is dental insurance per month for one person in Alabama?

    The average monthly cost of dental insurance in Alabama for one person is $28, or approximately $336 per year. However, remember that the final price will be determined by your choice of coverage levels if you are a smoker, where you live, and the number of people covered.

    What Is The Most popular type of dental insurance in Alabama?

    Alabama’s most popular dental plan is a preferred provider organization (PPO) plan. PPOs, in fact, account for the vast majority of dental insurance plans purchased throughout the United States.

    Is Delta Dental Insurance good?

    Delta Dental is a decent insurance provider with decades of expertise in the dental insurance sector and a solid reputation from AM Best and the Better Business Bureau. Delta Dental’s dental services are available across the country through independent agencies. However, keep in mind that not every insurance company is appropriate for everyone, so it’s always a good idea to shop around.

  • Best Pet Insurance In Indiana For Cats & Dogs!

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

    But it doesn’t need to be, and since 69% of Indiana residents are pet parents, finding the best pet insurance companies in Indiana 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 Indiana, show you how to get pet insurance quotes for dogs, and get covered for your policy instantly, all online without an agent.

    More Of The Best Pet Insurance Companies In Indiana Below:

    How Much Does Pet Insurance Cost in Indiana?

    The average monthly cost of a pet insurance plan in Indiana for a cat is $22 per month and around $37 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 Indiana Pet Insurance Costs Are Determined

    The cost of a pet insurance policy in IN 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 Indiana Fast?

    The fastest way to get the cheapest pet insurance in Indiana 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 Indiana?

    Pets are not required by law to have pet insurance in Indiana. 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 Indiana?

    You can visit any Indiana-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 Indiana?

    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 Indiana

    The three most common pet insurance policies in Indiana 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 Indiana?

    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 Indiana?

    Indiana 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 Indiana

    We’ve outlined the top best pet insurance providers in Indiana 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 Indiana

    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 Indiana?

    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 Indiana, doing your research is vital!

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

    Frequently Asked Questions About Pet Insurance Indiana

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

    Yes, pet health insurance is worth it in Indiana. 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 Indiana?

    The average monthly cost of dog insurance in Indiana is around $37 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 IN?

    No, not all pet insurance companies offer the same coverage in Indiana. 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 Indiana?

    The average monthly cost of cat insurance in Indiana is around $22 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.

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  • Best Renters Insurance In Oregon For Apartments & Homes!

    The best renters insurance for the 37% of Oregon residents who rent will depend on their individual needs and budget.

    If you are a new renter, need a more affordable rate, or need renters insurance for an apartment or home in OR, then you’re in luck.

    We made this quick, easy guide to help you navigate the daunting task of buying the best renters insurance in Oregon.

    Getting an anonymous renters’ insurance quote for an apartment or house has never been this easy. If you’re looking for affordable pricing and quality protection from top-rated companies, then keep reading.

    How Much Is Renters Insurance In Oregon?

    The average cost of renters insurance in Oregon is $9.50 per month or $114 per year. Oregon renters’ insurance is more affordable than the annual U.S. average of $187 by $73 or 61% annually when renting an apartment or single-family home.

    Who Has The Cheapest Renters Insurance In Oregon?

    Lemonade has some of the best cheap renters insurance rates in Oregon, 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 Oregon will vary depending on several factors, such as:

    Where you live – Different cities in Oregon will always have different renters insurance rates, 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 do 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 Oregon?

    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 you cannot live there because of the damage, your insurance company will reimburse your living costs.

    What Items Will Renters Insurance Cover In Oregon?

    In Oregon, 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 Oregon?

    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 the snow
    • Frozen Pipes
    • Lightning

    What Does Renters Insurance Not Cover In Oregon?

    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 renters’ 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-ons.
    • 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 Oregon?

    With such high housing costs, many Oregon 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 Oregon?

    A renters insurance policy is usually not required by law in Oregon, 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 Oregon?

    Yes, it is quite possible to have a landlord require renter’s insurance in Oregon. They may make renters insurance mandatory and ask for their or the property manager’s name to be covered under your policy as an “additional insured” individual.

    In addition to this protection, most landlords will also ask for a minimum amount of coverage during lease signing.

    How To Reach The OR Department Of Insurance?

    The best way to contact the Oregon Department of insurance is by phone at: 503-947-7980 or toll-free at 1-888-877-4894

    You can also reach them via the contact form on their site.

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

    Oregon Division of Financial Regulation

    P.O. Box 14480

    Salem, OR 97309-0405

    Or their street address at

    350 Winter St. NE

    Fourth floor

    Salem, OR 97301-3883

    For more information about the Oregon Department of Insurance, you can visit their website at: https://dfr.oregon.gov/Pages/contact-us.aspx

    Where Can I Apply For Renters Insurance In OR?

    Applying for renters insurance in Oregon 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

    Renters’ insurance is a necessity for renters who want to protect themselves from the unexpected. It covers your personal belongings in case of a fire, theft, or other disasters. In Oregon, renters insurance isn’t required by law; however, landlords can direct you to have coverage before moving into your apartment or rental. After reading this post, if you are still unsure of which company in Oregon to choose or how much it will cost, all you need to do is click here to get some instant quotes and get covered today.

    Frequently Asked Questions

    How much is renters insurance per month in Oregon?

    Renters insurance costs $9.50 a month on average in Oregon; 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 Oregon?

    The best renters insurance company in Oregon 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 Oregon for as little as $9 per month.

    Is renters’ 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.

    Can I buy renters’ insurance online?

    Yes, you can buy renters’ insurance instantly online from most companies. Most of the top A-rated companies have an application process that is 100% online, where you can get quotes, apply for coverage, and make payments, all without speaking to an agent.

  • How Many Americans Are Victims Of Identity Theft Each Year?

    Imagine if your personal information was stolen and used without your consent or knowledge. Unfortunately, this is a reality for roughly 9 million Americans each year. We’ll look at the statistics behind the 4.7 million identity theft and fraud victims in the United States in this blog post, as well as what you can do to avoid becoming a victim.

    Top Identity Theft Statistics:

    • Every year, some 9 million Americans are victims of Identity theft and fraud.
    • In 2024, there were 4.7 million identity theft and credit card incidents in America
    • 2.2 million Americans filed fraud reports in 2024of which 34% lost money.
    • 1.4 million people in the United States had their identities stolen In 2024.
    • In 2021, consumers lost more than $56 billion to identity theft and fraud.
    • Worldwide, identity theft losses totaled around $9.5 Trillion in 2024.
    • The worldwide cost of repairing identity theft and fraud is $1.7 billion.
    • Millennials are responsible for 44% of all identity-related fraud reports in the United States.
    • Around 1.3 million children have their identities stolen from fraudsters.
    • With 1.4 million instances, account takeovers are one of the most popular forms of identity theft.

    Identity Theft Statistics In America

    How Many Americans Are Victims Of Identity Theft Each Year?

    Every year, some 9 million Americans become victims of identity theft or fraud, despite the fact that only an average of 1.8 million incidents of fraud and id theft were reported each year during the years 2000 to 2020. That implies that millions of instances of id theft and fraud go undetected every year.

    How Many Americans Had Their Identities Stolen In 2020

    In 2020, there were 4.7 million identity theft and credit card incidents in the United States, resulting in a $4.5 billion total loss. The numbers breakdown to Americans reporting about 1.4 million identity theft reports, 2.2 million fraud reports, and 1.2 million other reports.

    Key Statistics:

    • In the first 6 months of 2020, the ITRC traced around 540 breaches that affected almost 164 million people.
    • In the first half of 2020, external threats accumulated to 404 – slightly lower than in 2019’s, recording 588 cases.

    Fraud And Identity Theft Reports By Year:

    Year

    Number Of Reports

    2020

    4,720,743

    2019

    3,244,844

    2018

    3,115,556

    2017

    2,918,18

    2016

    3,060,824

    2015

    3,080,378

    2014

    2,620,931

    2013

    2,134,565

    2012

    2,115,079

    2011

    1,898,543

    2010

    1,470,306

    2009

    1,428,97

    2008

    1,261,124

    2007

    1,070,447

    2006

    906,129

    2005

    909,314

    2004

    860,383

    2003

    713,657

    2002

    551,622

    2001

    325,519

    2022: 5.1 million  Reports2023: 1,037,000 identity theft reports, which was a 6.3% decrease from 2022. However, the

    Most Common Identity Theft & Fraud Complaints

    What Is The Most Prevalent Form Of Identity Theft Today?

    Account takeovers are one of the most prevalent forms of identity theft, with 1.4 million occurrences each year. An account takeover is when Identity thieves seize control of a person’s identity and assume the persona of the individual without their permission. This is frequently linked to internet crimes, hacking, email spoofing, and mobile phone porting.

    The most common complaints are organized by type below:

    Identity theft-based tax fraud and employment

    Employment Fraud – This is the most frequent ID fraud complaint in this category. This technique is used by criminals to gain unauthorized access to your Social Security number and other forms of data in order to work for a specific company. Because its major goal is employment rather than money theft, it’s considerably less dangerous than other forms of identity fraud.

    Tax Fraud – According to the FTC, 36% of identity theft and fraud complaints are unique to the Tax fraud category and are also more dangerous since crooks may utilize other people’s personal information to submit tax forms in order to gain an advantage.

    Credit Card Fraud – Credit card fraud is the second most frequent type of identity theft and fraud in the United States, with roughly 33% of all such complaints. In the instance of credit card fraud, criminals may use other people’s personal information to get a card that doesn’t belong to them or establish a new one entirely.

    Utilities And Phone Line Fraud – Another frequently mentioned ID theft problem is utilizing someone else’s personal information to open utility and telecom accounts. Up to 13% of ID fraud incidents are related to this kind of complaint. By doing so, the scammer obtains free public utilities and memberships since the fraudulent invoices will be sent to the owner of the personal data used illegally.

    Bank Fraud – Some 12% of identity theft complaints involve bank fraud. Bank fraud is also a widespread problem. In this case, the offender uses another person’s personal information to create new bank accounts and credit lines, as well as to take control of a person’s account entirely.

    Leasing And Lending Frauds – Leasing and lending fraud is another fairly common identity theft-related complaint with 7% of ID theft complaints being linked to this category. The criminal benefit is that they won’t have to repay the debt or interest on it. Instead, the victim will be contacted for debt repayment.

    Obtaining Government Benefits Through Identity Theft – Many criminals employ identity theft to obtain a variety of government benefits. The content of these perks is determined by what the criminal is searching for. Roughly 7% of complaints are about this method, which is considerably less frequent than employment and tax fraud.

    Annual Cost Of Identity Theft And Fraud

    How Much Money Do American Consumers Lose To Identity Theft & Fraud?

    In 2021, Americans lost more than $56 billion to identity theft and fraud.

    What Is The Worldwide Total Loss For Identity Theft?

    Identity theft has resulted in a worldwide loss of approximately $721.3 billion in 2021.

    What Is The Global Cost To Repair Identity Theft And Fraud?

    The worldwide cost of dealing with identity theft and fraud is $1.7 billion.

    ID Theft and Fraud By State (2022)

    Fraud And Other Reports By State

    Last year, California residents submitted more fraud reports than any other state with a total of 300,781 reports filed. Followed by Texas (253,320), Florida (227,391), New York (182,177), and Pennsylvania (125,518). The state with the lowest number of fraud reports last year was Wyoming with only 3,288 reports, followed by North Dakota (3,744), South Dakota (3,829), Vermont (4,349), and Montana (6,706).

    State

    Number Of Reports

    Alabama

    48,557

    Alaska

    7,002

    Arizona

    61,532

    Arkansas

    18,706

    California

    300,781

    Colorado

    55,173

    Connecticut

    25,587

    DC

    9,428

    Delaware

    11,279

    Florida

    227,391

    Georgia

    112,429

    Hawaii

    9,670

    Idaho

    11,438

    Illinois

    114,917

    Indiana

    45,860

    Iowa

    16,018

    Kansas

    20,323

    Kentucky

    31,230

    Louisiana

    43,474

    Maine

    9,192

    Maryland

    70,763

    Massachusetts

    54,271

    Michigan

    68,090

    Minnesota

    36,722

    Mississippi

    20,999

    Missouri

    46,092

    Montana

    6,706

    Nebraska

    10,495

    Nevada

    34,840

    New Hampshire

    9,930

    New Jersey

    79,043

    New Mexico

    15,289

    New York

    182,177

    North Carolina

    82,455

    North Dakota

    3,744

    Ohio

    97,769

    Oklahoma

    24,575

    Oregon

    32,778

    Pennsylvania

    125,518

    Rhode Island

    19,831

    South Carolina

    42,820

    South Dakota

    3,829

    Tennessee

    62,428

    Texas

    253,320

    Utah

    20,840

    Vermont

    4,349

    Virginia

    72,678

    Washington

    60,031

    West Virginia

    11,356

    Wisconsin

    36,653

    Wyoming

    3,288

    Identity Theft Reports By State

    Last year, Texas residents submitted more identity theft reports than any other state with a total of 106,632 reports filed. Followed by California (101,198), Illinois (100,538), Florida (82,907), and New York (75,323). The state with the lowest number of identity theft reports last year was Wyoming with only 455 reports, followed by South Dakota (494), Vermont (523), Alaska (641), and North Dakota (753).

    State

    Number Of Reports

    Alabama

    14,095

    Alaska

    641

    Arizona

    22,535

    Arkansas

    4,968

    California

    101,198

    Colorado

    25,556

    Connecticut

    4,710

    DC

    2,171

    Delaware

    3,222

    Florida

    82,907

    Georgia

    50,441

    Hawaii

    2,231

    Idaho

    2,021

    Illinois

    100,538

    Indiana

    8,702

    Iowa

    2,521

    Kansas

    37,836

    Kentucky

    5,519

    Louisiana

    25,494

    Maine

    1,522

    Maryland

    19,763

    Massachusetts

    11,939

    Michigan

    15,427

    Minnesota

    6,607

    Mississippi

    7,711

    Missouri

    10,165

    Montana

    823

    Nebraska

    1,612

    Nevada

    13,190

    New Hampshire

    1,635

    New Jersey

    21,036

    New Mexico

    2,831

    New York

    75,323

    North Carolina

    22,392

    North Dakota

    753

    Ohio

    33,925

    Oklahoma

    5,152

    Oregon

    5,573

    Pennsylvania

    35,450

    Rhode Island

    18,620

    South Carolina

    13,689

    South Dakota

    494

    Tennessee

    15,625

    Texas

    106,632

    Utah

    4,464

    Vermont

    523

    Virginia

    13,558

    Washington

    9,666

    West Virginia

    2,026

    Wisconsin

    8,289

    Wyoming

    455

    Identity Theft Statistics By Age & Lifestyle:

    Which Age Group Is Responsible For The Most Identity-Related Fraud Reports?

    Millennials are responsible for 44% of all identity-related fraud reports in the United States.

    How Many Children Had Their Identities Stolen From Fraudsters?

    Around 1.3 million children have their identities stolen from fraudsters.

    Identity Theft Reports By Age:

    Consumer Age

    Number Of Reports

    80 and Over

    8,162.00

    70 – 79

    38,427.00

    60 – 69

    99,805.00

    50 – 59

    174,019.00

    40 – 49

    217,703.00

    30 – 39

    245,258.00

    20 – 29

    151,132.00

    19 and Under

    19,462.00

    Types Of Identity Theft By Age:

    Theft Type

    80 and Over

    70 – 79

    60 – 69

    50 – 59

    40 – 49

    30 – 39

    20 – 29

    19 and Under

    Phone or Utilities Fraud

    348

    1364

    3788

    7749

    13431

    21138

    15701

    563

    Other Identity Theft

    1271

    5561

    15779

    34477

    58415

    80602

    47676

    2198

    Loan or Lease Fraud

    394

    1953

    7080

    17104

    32697

    51533

    32074

    840

    Government Documents or Benefits Fraud

    2870

    18617

    47586

    75292

    63721

    30619

    14747

    2178

    Employment or Tax-Related Fraud

    1328

    3455

    7779

    12349

    15745

    21833

    19174

    12719

    Credit Card Fraud

    1352

    5043

    14791

    32033

    55843

    81355

    49258

    1330

    Bank Fraud

    1504

    5668

    13159

    17712

    18746

    19310

    11642

    1296

    Key Statistics:

    • People with social media accounts are 46% more likely to be a victim of identity fraud than someone without it.
    • Victims of Identity theft are 43% more likely to reside in an affluent suburb.
    • According to the FTC, 1 in 4 victims of ID theft is 60 years old or older.
    • This indicates that 24.1% of individuals who are 60 years or older, living in the United States are targeted in online attacks.
    • Over half of the victims were under the age of 50.
    • Identity theft victims are 73% more likely to have an advanced degree.

    Conclusion

    Taking Action

    Identity Theft and Fraud is a massive problem in the United States, and it’s only getting worse.

    Make sure you have some form of identity theft protection and be vigilant about protecting your personal information.

    By taking these precautions, you can reduce your risk of becoming one of the millions of Americans who have their identities stolen each year.

    Sources:

    FTC | GIACT | Policy Advice |