Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Insurance (https://www.askmehelpdesk.com/forumdisplay.php?f=170)
-   -   Can I get renters insurance in my name, for my daughter's apartment? (https://www.askmehelpdesk.com/showthread.php?t=582866)

  • Jun 19, 2011, 02:32 PM
    honestyisreal
    Can I get renters insurance in my name, for my daughter's apartment?
    My daughter has bad credit and can not get renters insurance. Can I get it in my name for her?
  • Jun 19, 2011, 02:41 PM
    JudyKayTee

    Not unless the apartment is also in your name. You can't insure someone else's belongings.
  • Jun 19, 2011, 04:18 PM
    ScottGem

    And why would her credit disqualify her from getting renter's insurance? Most companies will write the insurance despite credit problems. They may require a larger up front payment to cover the costs of setting up the policy. But if the policy is not kept up to date they just refuse any claims.

    Shop around if one carrier refused her. You can also offer to guarantee the policy premiums. They may agree to that.
  • Jun 19, 2011, 04:44 PM
    Fr_Chuck

    She merely needs to apply to more companies. Undocumented non residents can even get renters insurance with no social security number or credit. With really bad credit, the policy may be limited and will cost more ( but they are not costly to start with)
  • Jul 20, 2011, 03:30 PM
    twinkiedooter

    Renter's insurance is relatively easy to get. Have her contact her present auto carrier and see if she can add this to her policy. If she has contents that are under $20K she should have no problem, but if the contents are say in the $50-100K category then she will have problems. Credit scores really don't count as much as you think. She does have car insurance I trust? They had to pull a "soft" credit check on her in order to get a car policy so she just may not have as bad a credit score as you think.

    And no, you can't take out a policy for her property at a location you do not live in. The insurance carrier won't let you do this.

  • All times are GMT -7. The time now is 08:10 PM.