Renters insurance is the same as homeowner’s insurance, except for renters. When you rent, some think that the Landlord’s insurance covers you and your stuff too. But that is a misconception. Your Landlord’s insurance is only there to cover them and their property.
That’s why Renters insurance is so important! It covers:
Renter’s insurance is very inexpensive. Much cheaper than other types of insurance. And if you bundle with your other existing policies, you could save even more.
Fires, theft, weather damage etc. can happen, and just as likely in a rental as they are in your own home. That is why your landlord requires you to carry a renter’s policy with a minimum of $300k liability. It makes sense! Please make sure Valentine is listed as an additional insured.