Don’t think your belongings are valuable enough to warrant renters insurance? Get the answers to the 5 most common renters insurance questions.
Millennials are swelling the ranks of renters. As reported in USA Today, the generation born in the early 1980s and early 2000s has embraced the realities that renting offers:
- No mortgage to pay
- A living space that comes with built-in amenities
- A landlord who takes care of upkeep and maintenance
If you’ve chosen to rent, rather than buy, know that one of the wisest decisions you can make is to invest in renters insurance. However, a recent Nationwide Insurance survey found that most renters aren’t protected from financial loss since they have not purchased renters insurance. If you’re confused about renters insurance, here’s a Q & A addressing some of the most frequently asked questions about the coverage.
Check out the Q & A here!