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What Should Renters Know About Renter's Insurance?
Oct 09, 2018
Incredible benefits and very affordable rates.
Simple and straightforward. Your greatest potential for loss is not that associated with your “stuff”. Your greatest potential risk of loss is that associated with your responsibility associated with what might happen regarding the injury or property damage to others. Personal Liability offered by e very renters insurance policy may be the single “best-buy” in insurance. The risk of financial loss associated with injury or damage to others is not realized by many “apartment dwellers”, leaving them potentially personally liable for consequential costs. Renter's insurance helps protects that risk. As examples:
- Want coverage for property damage to your rental unit and that of all your neighbors?
- Buy “renter’s insurance”. Quoting “Ragu” spaghetti sauce… it’s in there.
- Want coverage for that guest who is bitten by your dog during that awkward introduction?
- Buy “renters insurance”. It’s in there.
This article may have been originally published at Quora.com.
To see Jeff's Quora.com profile click here.
According to a recent survey, only 37% of renters have renters' insurance, leaving the majority at risk of financial loss. With the low cost to transfer your risks of loss, there's never been a better time to consider tenant insurance.
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