3 Reasons You Might Not Buy Renters Insurance
We get it, most people don’t have a lot of extra money – but unlike car insurance or even home insurance, Renters Insurance can cost as little as $5 a week. Just the fact that lost or damaged stuff can be replaced with new items, and court costs and living expenses are covered in the event of a claim makes it a no brainer.
If a claim originates from your apartment and causes damage such as flooding, smoke or fire damage, you will almost certainly be sued by your neighbors’ and your landlord’s insurance companies. Court costs alone can sink most of us, let alone the repairs if you’re found to be in some way responsible.
If a claim originates from your apartment and causes damage such as flooding, smoke or fire damage, you will almost certainly be sued by your neighbors’ and your landlord’s insurance companies. Court costs alone can sink most of us, let alone the repairs if you’re found to be in some way responsible.
If you lose your stuff in a claim, renter’s insurance lets you replace damaged items and clothing with new stuff. In addition, if you need leave your apartment due to a claim or building issues – renter’s insurance pays for you to live somewhere else with a cost of living allowance.
Please note that you can also complete the !nstashield™ for Renters & Landlords steps, and choose to have us call you back to review coverage if you’d rather not complete the entire process online.
