Massachusetts does not require you to obtain "Renters" insurance as it does auto insurance but your landlord or just good judgment may suggest this coverage be considered.
Renters or Tenant/homeowners coverage provides coverage in three principal areas;
Damage to your personal property (clothing, furniture and/or household items),
Additional expenses to live in temporary quarters should your apartment or building be damaged or destroyed by a fire, wind or other covered cause,
Personal liability coverage should certain acts cause injury or damage to someone, possibly your neighbors or even the building you occupy.
Anyone responsible for maintaining a household should at least consider securing this type of coverage. It beats digging into your savings after a storm or fire or waiting for the Red Cross to give you a shirt, a bed and a hot meal.
The cost for a basic policy would be in the $150-200 per year range. It certainly would be considered as important as maintaining comprehensive and collision insurance on a used car. In fact, simply increasing your deductibles on your car insurance may reduce your premiums enough to permit you to secure a basic policy.
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Renters or Tenant/homeowners coverage provides coverage in three principal areas;
Damage to your personal property (clothing, furniture and/or household items),
Additional expenses to live in temporary quarters should your apartment or building be damaged or destroyed by a fire, wind or other covered cause,
Personal liability coverage should certain acts cause injury or damage to someone, possibly your neighbors or even the building you occupy.
Anyone responsible for maintaining a household should at least consider securing this type of coverage. It beats digging into your savings after a storm or fire or waiting for the Red Cross to give you a shirt, a bed and a hot meal.
The cost for a basic policy would be in the $150-200 per year range. It certainly would be considered as important as maintaining comprehensive and collision insurance on a used car. In fact, simply increasing your deductibles on your car insurance may reduce your premiums enough to permit you to secure a basic policy.