About Renter's Insurance

Many people do not understand what renter's insurance can do for them. Insurance can assist in financial and emotional recovery from disasters. It replaces more than any community organization can provide.

If you rent an apartment or a house, renter's insurance will reduce the financial hardship of a fire, theft or other disaster.

Your property owner's insurance does not protect your personal property. It only protects the building.

Renter's insurance is available at low cost for your personal property. Renter's insurance costs less than $16/month in most areas of the country.

You probably own a great deal more than you think-furniture, clothing, stereo, television, books, toys, jewelry, sports equipment, pots & pans, dishes, etc. What would it cost to replace everything in your apartment if there was a fire or other disaster?

Some policies cover more than others. The deductible and limits may vary, and the cost for the same coverage may be different from company to company.

Shop around for the policy that meets your needs at the best price. If you have a car, the company that insures it is a good place to start. Discounts may be available if you have more than one policy with the same company.

Call your insurance company or local agent, your state insurance commission, or the National Insurance Consumer Helpline, 1-800-942-4242.

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