When winter arrives and temperatures go down, the risk of residential fires goes up, according to the U.S. Fire Administration. As the cost of heating homes increases, people turn to using fireplaces, wood stoves, space heaters and other cheaper alternatives to expensive utilities.

And because many renters mistakenly believe their personal property is covered by their landlord’s policy, a fire can be very costly for those without renters coverage.

Here's why Safeco® Renters insurance is a good solution for your customers who rent:

  • Renters insurance is a great value that’s easy and fast to sell through Quote & Issue™ .
  • Safeco’s policy protects against property-damage claims. Renters may be eligible for discounts for having burglar alarms and could also receive discounts if they have multiple policies with Safeco.
  • By selecting our Full Value Contents protection, your customers will have full replacement-cost coverage on their items, without deduction for depreciation, up to the limits and deductibles the customer selects.
  • Additional coverages are available, including personal umbrella (with a qualifying Safeco Auto policy) for broader protection, as well as endorsements to schedule valuable possessions such as jewelry, art, antiques or collectibles.

It’s important for landlords, too

More and more landlords are requiring their tenants to have renters insurance before approving a lease. That makes good business sense, as it limits potential exposure to lawsuits in the event of a loss