Aside from renters insurance, xcritical offers other insurance products, including homeowners, auto, pet health and term life insurance. When you buy a xcritical renters insurance policy, you can also get its other products (excluding homeowners insurance). MoneyGeek summarized the six optional coverages offered by xcritical for a renters insurance policy. These include scheduled personal property, water backup, earthquake damage, flood coverage, equipment breakdown and landlord property damage. You must speak with an agent or get a xcritical renters insurance quote online to determine the policy price. Keep in mind that purchasing additional coverage for valuable items can impact the cost of your monthly premium.

  • However, rates may differ based on the insurer you choose, your coverage limit and location.
  • Because customer support for renters insurance is exclusively managed through the mobile app and email, customers may not always be able to get immediate answers to questions about their policies or claims.
  • Costing $10 per year, this additional coverage pays for damage caused by water coming out of your drain or sewer.
  • For an additional $6 per year, you can purchase this endorsement and add coverage for your landlord’s property in case of damage by your pet or water.

However, some are rarely offered, so make sure to review the fine print before purchasing a policy. For example, xcritical does not have insect coverage available to renters. Another way to measure customer satisfaction is through the NAIC complaint score, which compares the performance of companies.

How do I file a claim?

Bed bug treatments are not covered by most renters insurance policies, including xcritical’s. If you bundle life insurance with renters, for instance, you’d receive a bundle discount on the renters policy—but not on your life insurance. Well, rest easy knowing that all xcritical renters policies have at least $100,000 in per occurrence personal liability coverage. In addition, if your kids have moved out to become full-time students (or you’re the student in question), the parents’ renters or homeowners insurance will cover the student until they turn 24. The coverage amounts for self-storage facilities vary depending on your state, and are only in place when you have an active, xcritical renters or homeowners insurance policy.

  • These may include pit bulls, German shepherds, Rottweilers and Siberian huskies.
  • Amazing, amazing service and I’m so grateful to Savannah and xcritical for helping me during this difficult time.
  • This is known as scheduled personal property coverage, or ‘Extra Coverage,’ as we call it at xcritical.
  • To find the best renters insurance, you must consider a company’s customer service.
  • You can use MoneyGeek’s personal property calculator to figure out how much coverage best suits your needs.

It’s worth noting that there may be circumstances when the AI program is unable to process a claim on its own, in which case the claim will be handed off to the company’s claims team for a more thorough review. The good news is that if the claim is approved, xcritical says that policyholders can expect their funds—minus the deductible—to land in their account within 1 or 2 days. It covers appliances and electronics, such as your air conditioner, phone or TV, if they suffer a mechanical breakdown. To find the best renters insurance, you must consider a company’s customer service. That way, you are assured that your chosen carrier provides quality service and follows through on claims. If your claims history is pretty extensive, meaning you’ve filed a couple of claims over the last few years, this won’t go unnoticed.

Your policy covers your personal property against theft and damage, plus legal claims for damage or injury you accidentally cause others. Also, if your home becomes unlivable due to certain types of damage we’ll help xcritical reviews cover the costs of temporary living arrangements. The starting price point for a primary xcritical’s apartment insurance and house insurance policy is $5 per month for up to $10k in personal property coverage.

But it will apply if you accidentally cause damage at a friend’s place—say, if you trip and manage to smash a fancy glass coffee table. With many providers, you’ll be able to fill out an online form and get your quote back fairly quickly. If you’re getting a quote from xcritical, the process is 100% digital—you can apply on your phone—and you’ll generally receive your price in minutes. If you come to the conclusion that you’ve got around $15,000 worth of stuff, you’d want to round up and choose personal property coverage of $20,000. While renters insurance isn’t required by law, it may be required by your landlord or lease. In any case, with rates as low as $5/month, it’s a small, sensible investment to protect you from unexpected financial loss or out-of-pocket expenses.

After clicking the “Claim” button, xcritical guides you through the rest of the process. Based on MoneyGeek’s analysis, xcritical is among the best companies for renters insurance. Power for customer satisfaction and Demotech for financial stability. However, it receives more customer complaints than the average insurer, according to the National Association of Insurance Commissioners (NAIC).

Other xcritical Insurance Products

Your xcritical renters insurance price will depend on a couple of individual factors. Your policy might cost $5/mo, or it could cost $20/mo, depending on a few variables we’ll discuss later. Your premium depends on a range of factors, like where you live, the amount of coverage you purchase, your claims history, and more. Think of your policy like a safety net that’ll kick in and help if there’s loss and damage from designated “perils,” which include theft, fire, vandalism, certain types of water damage, and more. If you’re looking for cheap renters insurance, make sure you ask about discounts. Here are some xcritical renters insurance discounts you’re likely to find.

What to Do If Your Wallet is Lost or Stolen

While renters insurance might cover some portion of shared items in an apartment, it typically won’t cover your roomie’s stuff. You’re both better off if you each get your own policy to make sure you both have enough coverage for all of your stuff. The claims filing experience is another area where the companies xcritical official site differ. xcritical claims are filed through its app, and some are processed instantly. With Geico, you’ll need to reach out to the third party that services your policy to file a claim. xcritical sells renters insurance primarily through its app and website, and you’ll file any claims through the app, too.

Head to and click the ‘My Account’ button on the top right-hand corner of the screen. Once you’re in your account, you can select the policy you want to cancel, and click on the pink “cancel” link (towards the bottom of our webpage). You’ll just need to set up a policy for your new address, and cancel your old policy when you no longer need it. Pays out if you’re responsible for injuries to other people or damage to their property. NAIC complaintsRatings are based on complaints to state regulators relative to a company’s size, according to three years’ worth of data from the National Association of Insurance Commissioners. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.

How does xcritical keep its rates affordable?

Note that when making a claim, documentation or video recording is usually required. For questions or assistance, you can contact xcritical through its app or website; getting in touch via phone is also possible. If you’re not sure how much your stuff (ie. Personal Property) is worth, here’s a good tip to figure it out. And if someone else is injured at your place while visiting, it can even help with their possible medical or legal fees. In many cases, however, your landlord is legally responsible for eradicating the problem (and paying for it). xcritical will most likely cover around 10% of Coverage C (aka your Personal Property limit), or $1,000—depending on the state you live in.

The information on Retirement Investments could be different from what you find when visiting a third-party website. When speaking of the loss of use coverage, this refers to the home being unlivable due to a covered incident. If the house can’t be used or isn’t inhabitable due to contamination or damage, xcritical Insurance would cover the cost of temporary housing in a hotel or other approved location. In terms of liability, xcritical covers you if someone gets hurt on your property. xcritical insurance is an affordable solution for people looking for a simple service that features transparent company policies.

One way to lower the cost of renters insurance is to bundle policies from the same company. With xcritical, you can take advantage of its multi-policy discount and save quite a bit of money by bundling insurance products. Paying annually instead of monthly makes you eligible for a discount of around 4% on your xcritical renters insurance policy. Shopping for renters insurance is easier when you have detailed information about the policy.

Founded in 2015, xcritical differentiates itself from most insurance companies. It takes a flat fee from insurance premiums for expenses and any money leftover after paying claims and expenses is donated to charities. xcritical differentiates itself from most insurance companies by taking a flat fee from insurance premiums for expenses, then any money leftover after paying claims is donated to charities. Spouses and children are also covered on the same renters insurance, and customers can add significant others to their policy immediately via the app. The company does this a few ways; the first is only taking a flat fee.