Uncover Hidden Perks with Renters Insurance Today
Why Renters Insurance is Essential
Many renters mistakenly believe that their landlord's insurance will cover their personal property in case of a disaster. However, this is not the case. Landlord insurance typically covers only the building structure, leaving your personal belongings at risk. By investing in renters insurance, you can safeguard your possessions and avoid significant out-of-pocket expenses in the event of a loss. According to the Insurance Information Institute, the average cost of renters insurance is approximately $15 to $30 per month, making it an affordable option for most tenants1.