Perhaps you’re thinking, doesn’t everyone know about renter’s insurance? The fact is that many tenants do not even realize that it is available to them. There are some other reasons many do not have renter’s insurance also. Some believe they are covered under the homeowner’s policy, while others think it will be far too expensive and that their possessions are not worth very much. But, with an average price of less than $17 a month, its clear to see that renter’s insurance is, in fact, very affordable. Think, too, of what it would cost to replace these possessions, even those you don’t think are worth much.
While it’s impossible to predict when disasters might occur in the home, renters insurance will help give you peace of mind if it does happen.