10 Reasons You Need Renters Insurance

Photo by Shane Adams

Photo by Shane Adams

Why you should protect your property with renters insurance.

As a renter, you might think renters insurance is a waste of money. However, if you have any belongings in the apartment or home of value, you may want to rethink whether you need renters insurance or not. So, what should you look for in a renters insurance policy, and what are some of the reasons it would be worth it?

Renters insurance is going to cover what your landlord’s policy does not. You might think you are protected by your landlord’s homeowners insurance; however, this is not always the case. Knowing what is covered and how much coverage you have, is extremely important when it comes to deciding on a renters insurance policy to protect the items in the home or apartment you are renting.

A renters insurance policy is one way in which to protect your belongings, and is an additional safety net, even if your landlord is covered. Many of the terms and features will vary according to your policy, but these are a few of the reasons you should consider purchasing renters insurance.