What Is the True Cost of Not Purchasing Renters' Insurance?
There are millions of renters who don’t have renters insurance. Although most people see the value of having renters insurance, they fail to purchase a policy. Typically, renters think the cost of having renters insurance is too expensive; however, the truth is, going without renters insurance is more costly.
Renters Insurance Covers Your Personal Property
As a renter, when you purchase insurance, you get coverage for your personal property. If the home or apartment you reside in experiences a fire and your property is damaged, then it’s likely that you will receive a check to replace your property. Without renters insurance, you have to pay to replace everything you own, including:
There are millions of renters who don’t have renters insurance. Although most people see the value of having renters insurance, they fail to purchase a policy. Typically, renters think the cost of having renters insurance is too expensive; however, the truth is, going without renters insurance is more costly.
Renters Insurance Covers Your Personal Property
As a renter, when you purchase insurance, you get coverage for your personal property. If the home or apartment you reside in experiences a fire and your property is damaged, then it’s likely that you will receive a check to replace your property. Without renters insurance, you have to pay to replace everything you own, including: