Renters Insurance Protects Your Possessions and Helps With Living Expenses
Pipes burst, a spark ignites a blaze, thieves find the unlocked door. Sometimes stuff just happens. That’s why renters need to take a hard look at the big what-ifs. What if your possessions are ruined or stolen? What if you’re forced to find a new apartment?
Your Neighbor’s Pipe Breaks, But You’re the One Going Broke?
Replacing laptops and your other possessions can drain your savings in a hurry. And what about the expenses if you’re forced to live somewhere else for a while? Hotel costs, restaurants for every meal, even replacing all the little things like toothpaste and socks.
Even if you’re only “on the road” for a couple weeks, you can still end up shelling out thousands of dollars. It’s even worse if you end up on the hook for a new security deposit and first month’s rent. Can you really afford that out of pocket?
For most of us, the answer’s no. That’s why a renters insurance policy makes so much sense, especially when relocation and replacement protection starts at about $17 a month.