How Liability Insurance Renters Save Big Today
Real-World Examples and Statistics
Consider this: the average cost of a liability claim for property damage is about $30,0002. Without liability insurance, you would be responsible for this amount, which could be financially devastating. In contrast, a small monthly premium offers a safety net against such unexpected expenses. Furthermore, according to the Insurance Information Institute, only 41% of renters have insurance3, meaning a significant number of renters are at risk of facing these costs unprotected.