As many of you may know, I’m a freelance writer in addition to blogging here at at my own site. Over the past few weeks, I’ve been working with an interesting client covering the topic of insurance. It’s actually surprised me how little I knew about insurance before signing on to help this client, and it made me think twice about one type of insurance in particular – renters insurance. As we move into the new year and many of you resolve to make blogging your business, rather than just a side hobby, I wanted to mention here some of the things I’ve learned…because if I need to be more vigilant about purchasing insurance to protect my blog, maybe you do as well.
First and foremost, I didn’t realize that my landlord’s insurance didn’t cover any of my crap. And I have a lot of crap. Enough to make minimalists shudder at the thought. Even if you don’t have a lot of crap, though, the items you do own have nothing to do with you landlord’s policy (in most cases – never say never). Of course, if you own your own home, this doesn’t really apply – your homeowners insurance should cover your items too. But if you’re a renter, you can’t rely on your landlord to purchase insurance. Knock on wood, if something horrible happens, your items will be lost. The end.
Why is that important for bloggers? Well, if you have a typically 9-to-5 job, your home going up in flames, a break in, or a pipe bursting may destroy everything you own, but you can still go in to work the next day to make money and replace your possessions. Not so much if you’re a blogger. You can’t blog without the proper tools, which means, at the very least, a computer. If you don’t have the money in your bank account to purchase a new one right away, you can’t “go into the office,” which means you aren’t making money…and you can see how that can become a ridiculous vicious cycle.For the cost of just a few bucks a month, your tushie is covered.
Something else I didn’t realize – many renters insurance policies also cover you when you travel in case your items are lost or stolen. It depends on the policy of course, but if a pickpocket gets your phone or you leave your laptop somewhere and it’s suddenly gone, you might be covered. That’s actually a huge relief to me. I’m paranoid about my stuff getting stolen or lost when I’m at events like BlogWorld. Not that any of you would swipe my bag when I’m not looking – but Vegas is a big city and not everyone there is nice.
I hope you’ll at least consider checking out the renters insurance policies available in your area. I know this isn’t the sexiest of posts, but if there’s one thing I love about my job it’s getting to learn new and interesting things about the world – and this is important. I’m actually covered now, and it cost me less than $120 a year. That’s less than $10 a month. It’s totally worth the peace of mind.
You can read more about renters insurance at RentersInsurance.org if I’ve inspired you to check out this kind of insurance. I sincerely hope I have. Sometimes we live online so much that we forget about “real life” things like insurance, but it’s important too!
I’d love to hear from some other renters out there – do you have this type of insurance? Have you ever had to put in a claim? Do you think it’s worth the money?