AAA Renters Insurance Review

Like most renters insurance policies, AAA’s policies do not cover flooding or earthquakes; covered perils include fire, smoke, vandalism, hail, explosions, and riots. If you want protection from other perils you will need to pay for a separate policy. There is typically a distinction between internal sources of water damage, caused by things like burst pipes or faulty appliances, and external sources like flooding. AAA policies will cover most water damage from internal sources. Flood insurance comes separately and often covers your home’s structure, damaged fixtures, carpeting and window treatments, functional systems (electrical, plumbing, heating, air conditioning), household appliances, and personal belongings. It typically costs around $700 a year, which may seem expensive. However, damage from floodwater can cost you tens of thousands. So, does AAA renters insurance cover flood damage? No, but they do offer separate flood insurance policies. Private market flood insurance options include primary flood insurance, with high levels of protection, or excess which insurance, which offers coverage to supplement a primary policy. They also suggest other options, like government flood insurance through the National Flood Insurance Program (NFIP).

If you have pets, your next question will be, “does AAA renters insurance cover pet damage?” AAA does cover some pet damage under their liability coverage. Liability coverage protects you from claims related to property damage and injuries. If a guest in your rented home is bitten by your dog or badly scratched by your cat, for example, liability coverage would help pay for the medical bills or any legal fees that may arise. Property damage to other people’s property is also part of your lability protection. If your pet causes damage to someone else’s property, you’ll be covered. However, damage done by pets to your home or personal belongings usually isn’t covered. Furthermore, some animals and breeds are specifically excluded from renters insurance policies. Talk with an insurance agent to determine what types of pet damage are insurable under your policy, and if your pet is excluded from this coverage. Also keep in mind that coverage for pet damage in renters insurance is not the same as pet insurance, which covers wellness issues for your pet.

If you’re already with AAA, you might want to know about getting a AAA renters insurance renewal. Typically, AAA will notify you 45 days before your policy is set to expire or renew. Most plans last for 12 months and automatically renew unless you need to change the coverage levels of your policy. You can cancel AAA automatic renewal by calling AAA Member Services. You can enroll in automatic renewal for both your AAA membership and for your renters insurance policy. With membership renewal, you get a one-time $10 discount and can get 50% off on adding additional members. Automatic insurance renewal offers you continued coverage and saves time from manually renewing coverage online or on the phone. Be careful though; it can be easy to simply let your automatic renewal continue unchecked, but you should always check that your policy is still meeting your coverage needs. AAA Insurance customer service is provided from 6am to 7pm Monday to Saturday by phone, while AAA Insurance sales can be called Monday to Friday from 7am to 9pm and 8am-6pm on Saturdays and Sundays.

Maybe you’re not happy with your service, maybe you’ve been added to your partner’s insurance, or maybe you’re no longer renting; either way, you need to know how to cancel your AAA renters insurance plan. AAA has a flexible cancellation policy, typically with no fee and, if you’re partway through the month, a prorated refund on your premiums. You can cancel by calling or even mailing a letter to your local branch; information you’ll need includes your policy number, end of coverage date, and your name, address, phone number, and date of birth. You can also visit your local branch in person to cancel your policy, as AAA puts a big focus on face-to-face service. Unfortunately, you can not cancel your AAA renters insurance online. You may encounter your typical sales pitch attempting to keep you as a customer, but the whole process shouldn’t take more than a few minutes. After you’ve cancelled, you’ll receive a final notice through mail or email. Or maybe you’ll be swayed to simply adjust your policy or continue with it if they offer more discounts or perks. If you’re sure you will be cancelling your current coverage, consider getting a new policy to avoid any gaps in coverage.