A landlord carries insurance to protect their property and their interests, not yours.
Take a look around at all of your possessions. How much would it cost you to replace your personal property in the event of fire, natural disaster, or robbery? Besides just your furniture and your clothing, at a minimum you’d have to also replace your dishes, silverware, television, mp3player, computer, any musical instruments you own, bikes or sporting equipment.
What if someone slipped and fell on your freshly mopped kitchen floor? Or, what if someone slipped on snow or ice on your front walk? You may only pay rent, but you could be held liable for injuries sustained within your rental property.
Don’t forget about
Dog bites: Nearly 2.5 million people every year are bitten by dogs on the dog owner’s property.*
Inappropriate behavior of a family member or guest.
Protect your interests and your financial future by investing in renters insurance; a little goes a long way!
Make sure you know what your landlord’s policy covers and what it doesn’t.
*“Dog Bite Liability,” Insurance Information Institute. Web. December 2010.