what is covered under renters insurance Archives

The Average Monthly Cost of Renters Insurance

March 24, 2013March 15, 2014 Guest Author

If you are a tenant, it is imperative that you invest in renters insurance to protect your personal property. While the landlord does carry insurance to cover the property, renters insurance is designed to cover potential claims that can affect you as a tenant. Personal property, loss of use, and liability coverage are the most common coverage options offered by a renter’s insurance contract. If you understand what these specialized property insurance contracts cover and how much you can expect to pay for coverage, you will get peace of mind…

Why Renters Insurance Is a Necessity

February 9, 2013April 14, 2014 Guest Author

When you rent a place to live, it is necessary to understand that the property insurance that your property owner has, does not cover your personal assets and belongings – This is where renters insurance steps in. Therefore, it is always advisable that you take out renters insurance before moving in. As a tenant, you may find this type of insurance necessary when you are going to share spaces with other tenants, the place is a temporary housing facility, has shared bathrooms or kitchens with the owner’s family, or the…