Wednesday, November 2, 2011

Two Myths about Renter's Insurance - Steve Denman

There are two big myths about renters insurance. One is that it's too expensive and the other is that it's not needed. Not having renters insurance is a pretty big gamble, considering that without it you face the cost of replacing your personal belongings after and event such as fire or theft. What's more, you could face the prospect of defending yourself in a lawsuit because of some accident for which you might be held legally responsible, whether it happened where you live or live elsewhere. 
In many cases, for less than a couple of hundred dollars a year you can protect your valuable, like your furniture and clothes, from loss by fire, theft, wind and water damage or other covered hazards. But many renters still don't believe they need such insurance. A survey conducted by Cambridge Reports, Inc. for the Insurance Information Institute found that fewer than three out of every 10 renters purchase renters insurance. 
Many renters mistakenly believe their landlord's insurance will cover their own belongings. In fact, it would be extremely rare for a landlord's policy to extend to tenants' property. 
To determine how much insurance coverage you'll need, take a complete inventory of your personal items. An insurance agent can help with this by estimating the total value of your property. You'll also need to decide whether to opt for depreciated or limited replacement cost coverage. Depreciated coverage is the cost to repair or replace your belongings minus depreciation. Let's say you bought a quality sofa with an expected useful life of 10 years. If it's now five years old and would cost about $1000 to replace, you could expect to receive around $500 (less deductible) if your sofa was destroyed by fire. You would pay slightly more for limited replacement cost coverage, but you could expect to receive $1,000 for your sofa minus your deductible. 
You should also keep in mind that insurance coverage for some types of personal property is limited in terms of dollars. Renters insurance also give you personal legal liability coverage and medical payments to others who are accidentally injured while in your home, apartment or elsewhere if the injuries are caused by your actions. And, if you are forced to live elsewhere because of damage to your residence due to a covered loss, renters insurance covers additional living expense. 
Remember, you may not own the building in which you live, but you still need to have insurance to protect your property in the case of fire, theft or other hazards. Talk with you insurance agent for more information.

Steve Denman Ins Agcy Inc
47 Greensboro Highway
P.O. Box 408
Watkinsville, GA 30677-0011

Friday, September 16, 2011

Renter Insurance in Athens GA

Athens renters insurance is something that all Athens renters need to consider purchasing. Whether you own a modest amount of property or an enormous number of priceless assets, Athens renters insurance will afford you the kind of security you want for the possessions you treasure. Insurance may be seen by some as a luxury, but in trying economic times, it is a necessity if you want to protect yourself against unforeseen financial problems that result from fire, theft or loss of property. -

ati insuranceATI Insurance - 400 Hawthorne Avenue #1, Athens - (404) 875-4700
Chasteen Insurance - 1030 Mitchell Bridge Road Suite 100 Athens - (706) 549-2774

Rhett Butler State Farm Insurance - 2500 Lexington Road, Athens - (706) 354-0444

Wednesday, June 8, 2011

Let Someone Else Pay Your Rent!

160 Cottages at Reed Street Apartment Athens Georgia
Duplex -- 2Bed/1 Bath Each Side.  Located on Reed Street, Athens.  Price per building is $55,000.00.  For Rent to Own.  A 2 year contract at $400.00 per month for one unit will allow you to use $200.00 per month out of the rent as the down payment.  This will give you a down payment of $4,800.00 after 2 years.  The owner will finance the balance of $50,200 at between 5 and 7% over 30 years.  Payments should be no more than $425.00 after purchase and that includes the property taxes and insurance so when you rent the other side you will be living almost FREE. Call 706-543-6936 to inquire about this offer!
Amenities and Additional Photos!
Sliding glass doors
Dining Area
Washer & Dryer Hookup
Low security deposit
Fully carpeted
Central Heat/Air
Inside Pets Welcome with fee
On Busline
Cottages At Reed Street Apartments 160 Cottages at Reed Street Apartment Athens Georgia
Cottages at Reed Street Apartments view from Reed Street Cottages at Reed Street Apartments view from Reed Street

How About A Washer & Dryer?

Washer and Dryer rental is only $32.00 per month and that includes delivery!  Now that is better than a poke in the eye with a sharp stick!  Our friendly leasing staff will help you find your new home. Call us today at 706 543 6936 to learn how to take advantage of this new offer!

Tuesday, May 3, 2011

Duplexes versus Apartments

The question is, should I rent an apartment or a duplex in Athens?  There are pros and cons with each and it seems that the only one who can truly make that decision is YOU!  However, there are various reasons as to why one or the other would be better for your particular need.

First, let us consider a duplex.  Most apartment complexes maintain the lawn (check your lease).  That is a good option for renting when you want some of the benefits of a house but don't want to pay the sometimes high prices and don't have the time to maintain the lawn yourself.  Duplexes also have dedicated parking spaces while most apartment complexes do not.  Of course, the main attraction to a duplex is the fact that you only have one neighbor!  The insulation between duplexes tends to be a little better than an apartment so you are likely to hear less of that noisy neighbor who plays video games till all hours of the night.

Apartments are an even more economical option for most tenants.  It seems that the closer you get to downtown and the bus-line that the more apartments you find.  So, if you lack your own transportation, you might certainly be looking for an apartment.  Athens seems to have more apartments than most cities.  This is an added advantage.  Being close to the University of Georgia also offers options for entertainment that you might not be able to find in other cities.  A good place to find something to do in Athens is  Many apartments include all or partial utilities.  Check with the property you are renting to find out what is included.  Make sure that pest control is provided.

That's all for now!  If you have questions about which one is right for you, please call one of our qualified representatives at 706 543 6936!

Tuesday, April 26, 2011

Why Charge Security Deposits and Are They Refundable?

A security deposit is used against damages to your apartment.   Rental property can be expensive to maintain.  The good news is that this cost is usually taken care of by the management company (check with them to see whether this is included!).  The reason you pay a security deposit is that the property management company has to pay someone to clean, paint and do any repairs to your apartment after you move out.  Because the next tenant moving in is going to expect to receive their apartment spic-n-span, you must leave the apartment in the exact same way that you received it to keep someone from having to spend money to make apartment ready.  Property Managers do not want to pay this cost, but neither do the tenants!  The best way to avoid having to pay too much money is to make sure that you clean your apartment according to the rental property's guidelines and also ask if there is any painting/carpet cleaning that you are required to do.

They management of the property you are renting can provide you with this.  Usually this information would be included in a "vacating packet".  Are Security Deposits Refundable?  Well, it depends on the lease terms.  Some of them are.  If you rent from us, it is.  We have seen many tenants receive 90-100% of their security deposits.  We are very up-front with you regarding what we expect at your walk-through inspection.  If you have any questions, please don't hesitate to ask.  That is what we are here for!

Monday, April 25, 2011

Important Phone Numbers For Athens Residents

 Emergency 911
Athens-Clarke Police 706.613.3330
Athens Convention and Visitors Bureau 706.357.4430, 800.653.0603
Classic Center convention center 706.208.0900, 800.918.6393
Community Connection health and human services 211
Directory Assistance 411
Hospital: Athens Regional Medical Center 706.475.7000
Hospital: St. Mary's Health Care System 706.389.3000
Time and Temperature 706.548.2253
Tourist Information: Athens Welcome Center 706.353.1820, 866.455.1820
University of Georgia Directory Assistance 706.542.3000
University of Georgia Police 706.542.2200
University of Georgia Sports Tickets 706.542.1231

Wednesday, April 20, 2011

Why look for an Apartment with fewer amenities?

Because times are tough, most people are looking for a place to live to get back on their feet and to save money.  Renting an apartment with fewer amenities is just what many people are looking for.  Also, in a more difficult economy, management companies tend to cut costs on many of the amenities they provide.  If you do desire a property with a lot of amenities, please ask a lot of questions about what is actually maintained.  Properties that are even a few years old may have "Tennis Courts" advertised, but the net is old and falling down.  You may find that, even if they are maintained, many people do not use them or that other people who are not tenants end up being the only ones who are taking advantage of them.

Properties with amenities such as swimming pools also cost more.  Let's face it, the cost of maintaining a swimming pool or work-out facility isn't free.  Management companies have to make their money back somewhere.  Where do they make it?  You guessed it!  The rent that YOU pay each month.  So before you decide on an apartment, please remember that you may be getting a lot, but you will also be paying a lot!