Debt Dumpers 2025

[ThereYouSeeHer]

Thank you for this info. I did call the landlord, and he is going to come fix it. I just hate to do that cause we can't afford for our rent to go up when we resign next September. That said, we do not have renter's insurance. It's something DW and I have talked about looking into. I just have no idea what kind of value we have in there or where to start. I already pay $450/month for car insurance. I can't afford another $400/month insurance payment.

Renter's insurance is generally less expensive than other types of insurance. A policy might cover something like $25,000 of personal property and $100,000 of liability insurance for less than $50 per month.

 

[afan]

We are renters. But I get the items at cost. And I'd rather call some guy that's local on Facebook group that's going to charge $100 to put it in over having my rent go up $100/month. Not sure it will, but I don't to take a chance. It's a couple, not a company. So I'm afraid they're going to raise our rent if we have to use them.

Literally not how it should work. Having been a landlord I'd be pissed if my tenant had ever done this. I own the property so not only is it my responsibility to fix repair but it's my choice as to how it's done and what I replace it with. Nevermind the fact that I need to know it happened in case of further damage to the leak.

Yes some of the repairs or things I got charged for where absolutely asinine. One complaint - the house smells one fall. Well of course it does, it was built in the 1920s and you've hit the time of year where the a/c or heat aren't running often and there's no air circulating. Open a window.

Rent was always based on market rate, not that I paid to fix things. Now if they broke something, they would be charged for the repair but I was still made aware of it. Water heater goes out, that's on me.

 

[barkley]

Thank you for this info. I did call the landlord, and he is going to come fix it. I just hate to do that cause we can't afford for our rent to go up when we resign next September. That said, we do not have renter's insurance. It's something DW and I have talked about looking into. I just have no idea what kind of value we have in there or where to start. I already pay $450/month for car insurance. I can't afford another $400/month insurance payment.

Renter's insurance is generally less expensive than other types of insurance. A policy might cover something like $25,000 of personal property and $100,000 of liability insurance for less than $50 per month.

to give you an idea-my oldest is required by the landlord to have coverage and their recently paid policy is-

$300K in coverage w/ $50K for personal property/ $10K for loss of use (we encouraged this cuz we had a friend whose rental required repairs that necessitated him temporarily relocating and storing some items), $250 deductable. premium runs $350 per year.

 

[focusondisney]

to give you an idea-my oldest is required by the landlord to have coverage and their recently paid policy is-

$300K in coverage w/ $50K for personal property/ $10K for loss of use (we encouraged this cuz we had a friend whose rental required repairs that necessitated him temporarily relocating and storing some items), $250 deductable. premium runs $350 per year.

Just curious, what’s the $300K part for? That seems excessive coverage for renters insurance & more in line with what a homeowner’s policy would be.

 

[WDW_fan_in_TX]

See, I don't know what any of that means. Where are you getting values? Or how do we decide?

to give you an idea-my oldest is required by the landlord to have coverage and their recently paid policy is-

$300K in coverage w/ $50K for personal property/ $10K for loss of use (we encouraged this cuz we had a friend whose rental required repairs that necessitated him temporarily relocating and storing some items), $250 deductable. premium runs $350 per year.

 

[WDW_fan_in_TX]

I now have renter's insurance. I just got $30k in coverage, 100% replacement costs with a $500 deductible, $100 liability, $10k guest and $30 per occupant replacemnt cost for $21 per month. That's nuts, Yet, my auto insurance is 20x that ($450) and has probably not even that amount of coverages, lol.

 

[barkley]

Just curious, what’s the $300K part for? That seems excessive coverage for renters insurance & more in line with what a homeowner’s policy would be.

it's only a $6 per year difference between $100k (which apartment requires) and $300k which includes personal liability. our thought process was if god forbid say something in the apartment causes a fire that causes damage to the adjacent units (I think there are 8 separate apartments in each building) but those renters only did the minimum on their contents or opted out of coverage for lack of use it could add up pretty quickly (some of the apartments have 3 individual tenants so potential for lots of separate claims/lawsuits). the lease is pretty explicit on how if damage is done to the renter's unit or any other unit due to the renter's actions (or inaction on timely reporting a maintainance problem) that liability falls on the renter.

See, I don't know what any of that means. Where are you getting values? Or how do we decide?

in large part the contents (personal property) values are b/c of the replacement value of video game consoles (the older ones in particular) and their games (older ones in particular are psycho expensive to replace) and some kind of anime related stuff (I know nothing about the genre except that the stuff is stupid expensive). then we added what replacement would run on furniture, household goods, clothing...it's crazy how it adds up. since you've got the coverage now it's well worth it to take quick snapshots of all your rooms (closeups of bookcase and drawers) b/c in case of loss you remember the big stuff but the individual items are hard to remember.

 

[focusondisney]

it's only a $6 per year difference between $100k (which apartment requires) and $300k which includes personal liability. our thought process was if god forbid say something in the apartment causes a fire that causes damage to the adjacent units (I think there are 8 separate apartments in each building) but those renters only did the minimum on their contents or opted out of coverage for lack of use it could add up pretty quickly (some of the apartments have 3 individual tenants so potential for lots of separate claims/lawsuits). the lease is pretty explicit on how if damage is done to the renter's unit or any other unit due to the renter's actions (or inaction on timely reporting a maintainance problem) that liability falls on the renter.

Ah, that makes sense. I didn’t think about them being liable for damage to someone else’s apartment.