Renters Insurance Explained: Why You Need It!

In this video we look at what renters insurance is, why it exists, and how it can help you if something goes wrong. Renters insurance is a form of insurance for people who rent instead of own their home.

There are many reasons why you might need renters insurance. For example, if your apartment was burglarized, your renters insurance would cover the cost of replacing your belongings. If there was a fire in your apartment, your renters insurance would cover the cost of temporary housing while your apartment is being repaired.

According to a recent survey, only 41% of renters have renters insurance. That means that almost 60% of renters are unprotected. This scary considering the economic data shows us that renters are among the most vulnerable members of society.

There are many different renters insurance policies to choose from, so make sure to do your research and find the right one for you. Some things you might want to consider are how much coverage you need and what kind of deductibles you're comfortable with.

Renters insurance is a great way to protect yourself and your belongings. Make sure you're prepared for anything by getting renters insurance. Don't wait until it's too late. Get renters insurance today.