Why Renter’s Insurance is Important and Why You Should Get It?

Photo by ian dooley on Unsplash

What if you had a fire or a flood, or worse what if your neighbor had a fire or flood? In a traditional home, that might not be in issue, but if you are renting in an apartment building then that smoke or water could seep into your home from neighboring units. No one wants their home to smell mildewy or smoky and better yet no one wants to sleep in a bed or wear clothes that reeks of smoke.

Apartments are the one place where having insurance not only protects you from your own accidents, but also the accidents of others in your building. Why have renter’s insurance? Because you can’t control your environment when you have neighbors so close.

You might be thinking…

I don’t own it.

I don’t have that much stuff.

It’s too expensive.

You don’t own it.

Renter’s get labeled as people who don’t care for their surroundings that well. Having a “I don’t own it” mindset can make life missable to someone else who is trying to make that place home. It’s also the reason that careless accidents may occur. When people don’t care about their surroundings, they become complacent and that can cause disaster for all tenants. You may not own the building, but you do own your personal possessions…