If you are currently renting your home or an apartment, it's time to learn more about renters insurance!
Here's the deal: Homeowners Insurance covers the house itself and the items inside. It also provides liability coverage. But if you don't own the home, you don't need the insurance to cover it. All you need is Renters Insurance to cover your personal belongings and provide liability protection. It might not seem like you have a lot of personal belongings to cover, but it can add up quickly. When you think about the cost to replace your furniture, dishes, sheets, books and everything else filling up your home, it's probably more than you thought. The liability coverage is equally important. If you accidentally cause a fire that burns down the property, your insurance will pay the landlord to replace it. Or, if someone gets injured in your home and you're found liable, your policy will respond.