Most of us know that people who own their residences carry – as a matter of fact, are often required by mortgage companies to carry – homeowners insurance
to protect their property, their possessions and any injury incurred by
visitors. But what about people who are leasing their living space? Renter's insurance
protects against loss or damage to your personal belongings when you
occupy a rental property – anything from a studio apartment to an entire
house or mobile home. Renter’s insurance can also provide liability protection for you in the event someone else is injured on that property.
Essential Facts About Home Insurance
Understanding the basic facts about home insurance is crucial to protecting your investment whether you are a first-time home buyer or an established home owner. Outlined below are some of the things you need to know and avail yourself with.