Is Renters Insurance Worth It?

Is renters insurance worth it and if so, why? The renters insurance is a simple insurance policy that protects the personal belongings of a renter. While it is commonly mistaken with homeowners insurance, it has nothing to do with where a tenant lives. It's simply to protect the personal belongings of the tenant such as furniture, clothing, electronics, anything that the tenant has in the property.Whether or not it's worth it is up to you but we can comfortably say that it is because for the amount you pay, you get a high value of protection.Cost of Renters InsuranceThe cost of renters insurance make it worthy of purchasing for the value you get. On average, the renters insurance cost about $30 to $40 a month with up to $40,000 coverage and $1 million in personal liability co...

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