People sharing a place often only seek a single insurance policy. They either think they only need one per dwelling or don’t need more coverage. 

Roommates also figure they can cut costs if they share a policy. Our Alan Farley Insurance, LLC team, serving Tulsa, OK, can explain why this is a "bad" idea. 

Issues Arising With Roommates

No matter how well you think you know a person, there’s always a chance of disputes. If you and your roommates have to make a claim, a shared policy complicates this process. 

One person may end up angry at the other people in the house, too. That’s because one act of negligence, such as leaving a stove on for too long or causing a fire, can ruin more than just property. Friendships are often severed over any shared insurance policies. 

Another issue is that not everyone has the same number of belongings, and not all items are of equal value.

Someone may feel “cheated” when sharing a renter’s insurance policy. It’s difficult to divide the coverage limits in a way all roommates believe is fair. 

Shared Policies are Not Recommended

Renter’s insurance policies are usually one of the least expensive of all types of coverage. The few dollars per month you might save on having your own may not be worth it. 

Besides, having a separate policy helps you maximize its coverage limit. Otherwise, you would have to squabble over how much you are entitled to. 

Do You and Your Roommate a Favor

Don’t make your life any more difficult than it has to be. Calculate how much your belongings are worth. Then, contact an Alan Farley Insurance, LLC agent serving Tulsa, OK. 

Have everyone else living in your place call about having their own policy. Contact us if you have any questions about how much renter’s insurance you need and what it covers.

Renting a home can be a good option if you are in the Tulsa, OK area. For those who are in this part of Oklahoma, it is very important to ensure that you have the right insurance. For renters, this will include having a renter’s insurance plan. All people in this part of the state need to have this type of insurance protection for various reasons. 

Receive Support Provided by Coverage

A reason that all people here need to have a renter’s plan is so they can receive the support that is provided by such coverage. A full renter’s insurance plan is going to offer many forms of support, which will include liability coverage and protection for personal assets. This coverage will prove to be very helpful and can offer financial support if you are found liable for an accident or need to replace your assets following theft or another covered loss. 

Meet Lease Obligations

It is also a good option to have renter’s insurance so you can meet any lease obligations. It is common for property owners and lessors to require tenants to have renter’s insurance. Normally, they will ask for evidence of coverage and the beginning of the lease term. Not having this coverage can invalidate a lease or lead to penalization. 

Consult With Us

Renter’s insurance needs to be considered a necessity for anyone who is in the Tulsa, OK area. When you are looking to get this insurance coverage here, you can call our team with Alan Farley Insurance LLC. Our professionals with Alan Farley Insurance LLC know how important this coverage is and they can offer any ongoing guidance that is necessary to build your next plan. This can help ensure you remain covered and in compliance with a lease. 

Moving into a new apartment here in the Tulsa, OK area can be an exciting and daunting experience. You might feel overwhelmed by the thought of making your new space feel like home. But don’t worry; these simple tips from us at Alan Farley Insurance LLC will help you get settled in quickly and easily. 

Tips to make your first apartment feel like home

1. Unpack right away:

The best way to make your space feel like home is to unpack and organize the first day you move in. There’s nothing worse than living out of boxes for weeks or months, so take the time to get everything unpacked and put away. Not only will it give you more storage space, but it will help bring a sense of permanence to your new home. 

2. Add color:

Nothing makes a space feel alive quite like adding bright colors! Put up some colorful artwork or paint a wall with a vibrant hue that invokes happiness when you enter the room. It’s amazing how much one little change can do for your mood and overall energy in your home. 

3. Get cozy:

Home isn’t just about the physical look of your space, but also how it feels emotionally—so add some cozy touches that make it comfortable for you. Soft blankets, pillows, rugs, and candles are all great ways to create warmth in your apartment that will make it feel more like home instantly. 

4. Bring plants inside:

Plants are great for bringing life into your home as well as improving air quality (bonus!). Plus, green foliage adds an element of nature indoors which can be calming and peaceful after a long day at work or school. 

Reach Out To Us

For more tips, give us at Alan Farley Insurance LLC a call today. We are proud to serve the Tulsa, OK area.