I have often heard the term “renters insurance.” What is it and who needs to purchase it?
Anybody who rents his or her residence, whether it is an apartment, house, manufactured house or condominium may want to consider purchasing renter’ s insurance. Renter’s insurance provides protection for your personal property, such as furniture, electronic equipment and clothing. It also provides liability protection for you should you injure someone or damage that person’s property. Your landlord or the owner of the property is responsible for insuring the building and for his/her own liability coverage.
Related Questions
- Please explain laymans term if we were to employ a re-possessor, what is the extra device he needs to purchase to be disconnected from the system and to increase his efficiency?
- I have often heard the term "renter s insurance". What is it and who needs to purchase it?
- I have often heard the term "renters insurance." What is it and who needs to purchase it?
