What Is Renters Insurance For?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    A renter’s policy, like all other insurance policies, is designed to protect you from an unacceptable risk.  The renter’s policy has two basic sections.  The first section will cover damages to your personal property.  That is not included in the landlord’s policy and is your responsibility.  The second section covers you should you be sued for personal injury or physical damages.  The cost of a lawsuit could easily bankrupt you.
    Answered on April 29, 2014
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