Why You Need Renters Insurance // What if there is a fire or flood at your apartment? What if someone breaks in and steals all of your stuff? Will your stuff be protected? Or are you just screwed?
Apartment complexes and landlords have insurance to cover their own buildings, but it will NOT cover your stuff!
This video covers the importance of renters insurance and why you need it.
What is Renters Insurance?
Renters Insurance is insurance is for persons renting or subletting a single family home, apartment, duplex, condo, studio, loft or townhome.
What does Renters Insurance Cover?
ALL OF YOUR CRAP. It also covers your personal property while you travel!
There are two main areas of renters insurance coverage:
1. Property Coverage — Your Stuff and Loss of Use of Residence
2. Liability Coverage — Damage that was your fault and medical bills for guests injured at your residence.
We teach you what you need to know about your personal finances, using words you understand, without boring you to death… because adulting shouldn’t suck.
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