Renting a home, whether it is an apartment or a house is a great option for both college students who are just starting out in their first home, to grandparents who are downsizing to a smaller home, and everyone in between. When renting a home, it is important to make sure that you cover your assets by investing in the right renter’s insurance policy.
Renter’s insurance will provide coverage for your assets from a number of perils, including theft, fire, vandalism, and water damage. There are four basic coverage options that are available for renter’s insurance to protect your assets in these cases, including:
Personal property coverage – which will provide coverage for items that you use on a regular basis, such as appliances, clothing, and furniture, as well as any specialty items that you have, such as jewelry or art. If you have specialty items that are worth a lot ...
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