Renters Insurance 101: Is It Worth It? 100% Yes And Why! | Clever Girl Finance

It is better to be safe than sorry! This is an expression you may have heard a few times. That said, is renters insurance really worth it? In today’s video, learn what renters insurance is, what it covers, how it can protect you if something were to happen and if it's actually worth it!

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[susanjaneleitner]

I am enjoying your videos. Where I live we are required to have renters insurance and must give a copy to our landlord. Good luck with your channel!

[thatchykcrys]

Renters insurance is ABSOLUTELY worth it. I was the victim of a break-in in one apartment, and the building I currently live in had a fire which resulted in water damage to my belongings from the sprinkler system activating. Both times, I was covered…and my items replaced. My neighbor in the current building whose apartment actually caught fire had no insurance, and lost almost EVERYTHING.

[Sarcasm]

It's not a matter of if it's worth it, what matters is that it's mandatory in most lease agreements as a condition to live there, so you cannot decide to omit that part of the lease‼️ The policy also has to include a certain dollar amount.

[TT-pouc]

I live in an apartment and have renters insurance. My sister lives in the same apartment community but a different building. Her apartment caught fire last year. She did not have renters insurance. It was a total loss between the fire and water damage. It's very affordable. I'd advise anyone to get it.

[MsTori_boss]

Landlord's insurance covers damage to apartment but not your stuff

[IsaroBururu]

Clever Girl Finance, clever girl, smart move♥️♥️♥️