If you are renting then it is a very good idea to purchase renters insurance. Your landlord’s insurance policies will not cover the replacement of your stuff if a fire occurs. This could leave you with absolutely nothing, and no financial assistance to replace it. Unfortunately, this sad situation happens all the time. Renters insurance coverage provides people with some financial protection in case something bad happens. For example, if a fire burns down your apartment building, it is your renters insurance policy that will help you to replace some of your damaged property. If someone breaks into your apartment, … Continue reading →

An apartment building went up in flames, and everything inside it got destroyed. Fortunately, no one died in this particular fire. Some of the tenants were new graduates, who lost all their possessions in the fire. This is exactly the type of situation that renters insurance is designed for. There are a lot of things to think about immediately after a person graduates from college. Typically, young adults who just earned their degree are saddled with a big student loan debt. It can be hard to come up with enough money to pay rent, and buy groceries, when a person … Continue reading →