If you’re one of the millions of people renting across the country, then it’s important that you have adequate insurance. The good news is that there are insurance policies available that are specifically designed for renters.
If you rent an apartment or home, you should know that your landlord’s insurance does not cover your safety and personal belongings. This insurance is meant to only cover the physical structure of the building. For your belongings, you’ll need to take out your own renters insurance policy.
Renters insurance, which is sometimes a requirement set by a building or landlord, is an important protection that can cover your possessions, protect you from personal liability, and cover additional living expenses incurred from displacement of your home while repairs or rebuilding are being done after an insured loss occurs. Generally viewed as affordable protection, renters insurance is something that should be strongly considered by all renters. To find a policy that meets your needs, check out the best renters insurance companies below.
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