What is Renters Insurance ?
What is Renters Insurance ? by: Sydney Zabb Credit:Unsplash Renters insurance is comparable to other types of insurance in the concept: for a monthly fee (or annually), it provides you coverage in case of an accident. The idea behind the Renters insurance is to protect the contents of your house like Furniture, Electronics ,books, and such..., it doesn’t cover the structure of the building itself. Who needs a Renters Insurance? If you rent, it is your responsibility to buy a Renter Insurance Not the Landlord. To cover the structure of the building itself, the landlord needs " House Insurance " or "H omeowners insurance ". How much Renters Insurance cost? The average cost in around $180 annually in the US. Which Renters Insurance I should take? First choose the Level of protection (Basic, Liability or A dditional living expenses ) then read the insurance policy to see if it cover your needs. What are the Risks that are covered?...