Notifications
Clear all

Insurance  

 

SarahandAlex
(@SarahandAlex)
Active Member
Joined: 8 years ago
Posts: 10
July 20, 2013 3:49 pm  

I have a question about insurance. Do some landlords require you to purchase renter's insurance?

And how about car insurance, anyone have a company they would recommend?

Thanks!


Quote
OldTart
(@the-oldtart)
Expert
Joined: 9 years ago
Posts: 6523
July 20, 2013 4:20 pm  

Not usually stipulated in residential leases but quite often in commercial leases.

I've used Theodore Tunick on STT for auto insurance for years and found them exceptionally easy to deal with. If you're headed to St Croix they're under the Marshall Sterling umbrella there.


ReplyQuote
terry
(@terry)
Expert
Joined: 16 years ago
Posts: 2552
July 20, 2013 5:41 pm  

USAA if you are illegible to get it.
We had to get my father-in-law ( he was in the service) signed up and then we could get it.


ReplyQuote
skighee
(@skighee)
Advanced Member
Joined: 12 years ago
Posts: 127
July 20, 2013 6:42 pm  

USAA had to get my father to sign up for a small jewelry policy for $25.


ReplyQuote
Jim Dandy
(@jim_dandy)
Trusted Member
Joined: 16 years ago
Posts: 1057
July 20, 2013 8:40 pm  

Unless USAA has changed they don't write property insurance in USVI. Great deal on auto insurance though was paying $2,000 for full coverage on two automobiles underwritten by Lloyds of London. Paying $700 for more coverage with USAA.


ReplyQuote
speee1dy
(@speee1dy)
Expert
Joined: 13 years ago
Posts: 8801
July 20, 2013 9:31 pm  

in stx we use marshall sterling


ReplyQuote
terry
(@terry)
Expert
Joined: 16 years ago
Posts: 2552
July 20, 2013 9:34 pm  

USAA, just auto coverage in USVI.


ReplyQuote
gonetropo
(@gonetropo)
Advanced Member
Joined: 9 years ago
Posts: 428
July 20, 2013 10:47 pm  

We were with First Insurance and then we were tranfererred to Marahall Sterling when they purchase First Insurance.

We had a look at Regency on PR who insures here and got additional coverage for $437 less per year.

They have a great adjuster here who we had dealt with prior to moving here when someone hit us head on!


ReplyQuote
Alana33
(@Alana33)
Expert
Joined: 9 years ago
Posts: 12293
July 21, 2013 12:42 am  

Leases I have seen do not require tenants to have renters insurance but advises them to do so if they value their personal goods and belongings as per below: Strictly up to Tenant but any loss is not the responsiblility of a Landlord should they choose not to.

"It is also understood and agreed that the Landlord cannot be responsible for Tenant(s) equipment, personal effects, or any personal possession(s) whatsoever, and should Tenant(s) determine that his/her/their possessions are of value, it is the Tenant(s) sole responsibility to acquire his/her/their/ own insurance to cover his/her/their valuables, whether from theft, vandalism, fire, Acts of God, or any other type of loss and Tenant(s) shall hold Landlord harmless in the event of any such occurrence(s). It is also understood that Tenant(s) will also obtain his/her/their own Liability Insurance, and is responsible, as aforementioned, in Clause #15, “LIABILITY.”


ReplyQuote
DanielB_STX
(@DanielB_STX)
Advanced Member
Joined: 14 years ago
Posts: 309
July 21, 2013 1:18 pm  

Unless USAA has changed they don't write property insurance in USVI. Great deal on auto insurance though was paying $2,000 for full coverage on two automobiles underwritten by Lloyds of London. Paying $700 for more coverage with USAA.

Jim Dandy is correct that USAA does not write property insurance in the USVI but they do write Renters Insurance and Auto Insurance according to a reply to a message that I sent to them. USAA gives great service to it's members at least IMO and wonderful Medicare supplement coverage.


ReplyQuote
SarahandAlex
(@SarahandAlex)
Active Member
Joined: 8 years ago
Posts: 10
July 22, 2013 2:25 am  

Thanks everyone!


ReplyQuote
Close Menu