Renters Insurance

What Is It?

If you rent a home or apartment, then renter’s insurance is a good financial decision. This coverage protects you financially in the event that damage occurs to your belongings. For example, if you live in an apartment that’s damaged by fire, you couldn’t get reimbursed for your damaged belongings without renter’s insurance.

This coverage generally isn’t required, but anyone who rents a home or an apartment should consider it. It’s a great decision to protect you financially in case of a disaster. At least you’d have financial help replacing damaged items.


Home + Auto

Life + Income



How Does It Work?

If your belongings are damaged, then you can possibly get reimbursed. You will have to file a clam and have it approved. There is the possibility that the claim will be denied, based on the circumstances.  But if your claim is valid, you should receive compensation fairly quickly.

Types Of Coverage

You need enough coverage for your personal belongings. It helps to know how much everything is worth. And if you have highly-valuable items, then you might want separate insurance for those items.

The benefit of this coverage is receiving financial compensation when your belongings are damaged. Renter’s insurance will come in handy when you need to file a claim. Most renter’s don’t even think about insurance, but it’s something that can help in the long run.