Renter’s Insurance

When you take an apartment or house on rent, you may be under the impression that the landlord would have taken the insurance on the property, and you need not worry any further. Unfortunately, that generally is not the case. Your landlord’s policy covers the building but may not include your personal belongings and may not cover the loss sustained to your personal belongings. That’s where renter’s insurance is required.

Renters insurance protects you and your belongings if the unexpected happens. For example, you need renter’s insurance if you rent an apartment, house, etc.

The most crucial part of renter’s insurance is its protection of personal property. For example, if lousy wiring causes a fire and damages a tenant’s property, the tenant may be able to get compensation under the renter’s insurance policy.