Renters Insurance

Renters insurance refers to an insurance that is designed for a non- owner occupant of a home or a property. The coverage provided under this insurance is similar to a home owner's insurance policy. Though the renter is not owner of the building, he still needs protection for his properties and other contents within the building. Endorsement is also available for adding or increasing coverage.

Renter's insurance covers the damages or losses to the personal property of the renter. So it is inevitable for anyone whether a house tenant or any other property occupant to get renters insurance.

The landlord's insurance will cover only the physical apartment building incase of accidents, vandalism etc. It will not cover the properties of the renter's in the building . Renters insurance is essential to safeguard oneself against the vandalism or accidents caused by other occupants. It can also protect against lawsuits or medical bills of guests being injured in a rented apartments.

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