Transform Renting with This Essential Apartment Insurance Tactic
Real-World Examples and Statistics
To illustrate the importance of apartment insurance, consider the aftermath of natural disasters such as hurricanes or fires. According to the Insurance Information Institute, renters insurance can cover losses from these events, which are becoming increasingly common2. In 2020 alone, the U.S. faced a record number of billion-dollar weather and climate disasters3. Having insurance can be a financial lifesaver in such situations, enabling renters to recover without depleting their savings.