Why should I get renter's insurance?
If disaster strikes, you could lose all your furniture, clothing, electronics, kitchenware, and more. Renter’s insurance is designed to protect you against these losses. According to the Insurance Information Institute, less than 40% of all renters carry insurance.
The average cost of Renter’s Insurance is around $15 a month. The cost depends on where you live, what coverage your purchase, and other factors.
Your Landlord carries insurance on their property, but only covers the building and permanent attachments like the water heater, stove or bathtub. Your personal items are not protected by the Landlords insurance.