What is Renters Insurance ?
What is Renters Insurance ?
by: Sydney Zabb
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 "Homeowners insurance".
How much Renters Insurance cost?
The average cost in around $180 annually in the US.
First choose the Level of protection (Basic, Liability or Additional living expenses )
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