Renter's Insurance-Smart Thing to Do!!!

I can remember graduating college and starting my work career. At that time the total cost of my belongings would have totaled under $100. After a few years it was amazing how much that I accumulated since starting my career. That is why it is so important protecting those contents while you are renting an apartment or house.

That is where renter's insurance comes in. If you do not own a home and have home insurance, renter's insurance is there to protect your contents. I wanted to list a few items when you think of renter's insurance.

1. Deductible- There is a deductible just like anything else.
2. Replacement Cost-make sure you have a replacement cost endorsement on your policy
3. Loss of Use-Renter's insurance covers loss of use while you are out of your apartment
4. Personal Liability-You do have personal liability is case there is accident that you are liable
5. Schedule items-There are theft limits on jewelry so it is important to schedule the pieces or jewelry you want covered

I hope this helps when deciding for the need protection of renter's insurance.