How Smart Renters Secure Savings with Cheap Insurance
The Benefits of Having Renters Insurance
Besides protecting your personal property, renters insurance provides liability coverage, which can be a lifesaver if someone is injured in your home and decides to sue. This coverage can help pay for legal fees and medical expenses, offering a financial buffer in stressful situations. Moreover, some policies include additional living expenses coverage, which pays for temporary housing if your rental becomes uninhabitable due to a covered event3.