Not only does it provide financial protection against loss and damage to personal property, but it also includes liability coverage in case someone is injured on your premise. Being prepared for the unknown is important and renters insurance provides you with a safety net should anything unforeseen happens.
There are some common exclusions with renters insurance policies. These could include damage caused by flooding or earthquakes, as well as intentional damage or theft caused by the renter. Jewelry, collectibles and art might require additional coverage as well for adequate protection. Finding the right renters insurance is something best discussed with your local insurance agent.
To learn more about home renters insurance, how it works, and why you need it, you can read more here.
Alice J. Roden started working for Trending Insurance News at the end of 2021. Alice grew up in Salt Lake City, UT. A writer with a vast insurance industry background Alice has help with several of the biggest insurance companies. Before joining Trending Insurance News, Alice briefly worked as a freelance journalist for several radio stations. She covers home, renters and other property insurance stories.