If you’re renting, you’ll need a insurance policy to cover your possessions. Even if you’re not responsible for damage to the building, when something happens, you’re responsible for your belongings.
Renters insurance is a low-cost way to cover losses to your personal property, including clothes, jewelry, luggage, computers, furniture, and electronics. Renters insurance gives you peace of mind because you’ll know your items will be replaced.
Won’t my landlord cover my rental? Will I have to do an extensive inventory? Learn the answers and more on our blog.
Ask yourself whether you could afford to replace all your possessions if they were lost, damaged or destroyed. If the answer is no, renters insurance is a smart buy. The average annual renters insurance premium in the U.S. is only $188, or a little more than $15 a...