Renter’s Insurance
Renters insurance protects a person renting a house or apartment against theft or damage to their belongings, such as a laptop, clothes, and furniture. It can also cover liability if a guest is injured. The building itself stays on the landlord’s homeowners policy, which is why a renters policy costs much less. A lease that does not require this coverage still leaves those belongings uninsured after a break-in or a burst pipe.
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