There are several different ways to insure items, whether it be buildings, your personal property, business property. Two of the most common ways are replacement coverage or actual cash value. I’m going to help you decide which one is right for you, and I’ll give you a little information on both.
So you rented an apartment, and now you need some renter’s insurance. Today I’ll help you with the renter’s insurance, go over what the policy entails, and help you shop for a policy.
A lot of people believe that the landlord’s policy is going to cover them if there’s a fire. Well, the landlord’s policy does not cover any of the tenant’s personal property. If you want coverage for that, you’re going to need to get a renter’s policy. A renter’s policy is relatively easy to get, and it’s relatively inexpensive.