If you recently signed a new lease for an apartment in New York, or renewed one, you’re probably feeling squeezed by the high cost of housing. But did you know that you can get renters insurance for as little as $5 a month?
Lemonade Renters Insurance, one of the most affordable renters insurance plans available to New Yorkers, will protect your belongings in a host of very serious scenarios, like theft, fire, or water damage caused by a burst pipe or an appliance that flees. Your belongings are even covered if they are stolen while you are travelling, for example if your wallet is stolen abroad.
Although many New Yorkers make the mistake of thinking they’re covered by their landlord’s insurance, that’s just not the case: your stuff isn’t protected by your landlord’s policy. And a tenant’s policy covers your personal liability, such as if you’re liable for property damage caused by an overflowing bathtub that damages your neighbor’s property, or physical injury to someone, such as a guest who slips and is injured at home. you.
You can even be reimbursed if your apartment becomes uninhabitable due to a fire and you have to live in a hotel and order takeout every day, which becomes expensive and fast.
Choose your coverage amount
Need more coverage? Lemonade is one of the most customizable plans out there. You can choose from a range of coverage amounts and add-ons, such as coverage for cameras, bikes, jewelry or artwork. You choose your annual deductible ($100, $250 or $500) and your annual limit (between $10,000 and $100,000) depending on what works for you. You also have the choice of paying your premium monthly or annually.
What is not covered? Things that belong to your roommate – they will need to get their own policy. But users can add their spouse for free or register their partner for a small fee.
Sign up with Lemonade in minutes
It’s a no-brainer, really. You can sign up and get covered in minutes by answering a few questions about your New York apartment and how much stuff you have. You can also make changes to your coverage through the app or website. Complaints can also be submitted via The application of lemonade– with some claims paid almost instantly.
Join Lemonade and find out why we’re named Best Renters Insurance by Forbes and #1 for renters insurance by Report on the world and current events of the United States.