Philadelphia, PA -- (SBWire) -- 05/25/2018 --Freedom Insurance Group, Inc., a leading insurance company in Philadelphia, PA, is informing customers in their latest blog post of the most common myths that are associated with purchasing a renters insurance policy. A lot of people do not understand what a renters policy covers, and therefore, they assume it's not worth having. Freedom Insurance Group, Inc. wants to put those rumors to rest by uncovering the true benefits that go along with having renters insurance in Philadelphia, PA.

The number one reason most people skip out on renters insurance is usually based on cost. Renters assume that renters insurance is just as expensive as a homeowner's policy, but in reality, it's substantially cheaper. While the cost of renters insurance varies, renters can expect to pay between $150 and $300 a year, whereas homeowners insurance in Philadelphia, PA, is around $700 annually. From liability protection to coverage of personal belongings, Freedom Insurance Group, Inc. can build a renter's policy for any person's needs or budget.

Another common myth surrounding renters insurance is that if one roommate has a policy, that policy automatically covers the entire household. While this sounds like it makes sense - one house, one policy - a renters insurance policy is only meant to cover one individual. Freedom Insurance Group, Inc. would also like to note that having an individualized renters policy means more savings for the policyholder in the end.

To read Freedom Insurance Group, Inc.'s full blog on renters insurance myths, please visit their website today. To learn more about the company and their full suite of services, contact an agent by dialing 215-375-7733.

About Freedom Insurance Group, Inc.
Freedom Insurance Group, Inc. was established in 2003 by Anita Allegezza as an independent agency. Their focus is on property and casualty insurance, aspiring to be the only agent their customers need. They pride themselves on customer service, and are confident in their ability to give them the personalized protection they need. Being a Trusted Choice Agency allows Freedom Insurance Group, Inc. to tailor their insurance policies from competitive rates and give their customers complete coverage for all stages of their lives.

Learn more by visiting: http://www.freedom4insurance.com/.