Renter's insurance: do you need it?

If you're a renter, you may be wondering if you need to get renter's insurance. The answer is maybe. It depends on your individual situation. If you live in an apartment or house that is owned by someone else, your landlord's insurance policy probably covers the building itself. But it likely doesn't cover your personal belongings. That's where renter's insurance comes in. Renter's insurance is fairly inexpensive, and it can give you peace of mind knowing that your belongings are protected in the event of a fire, theft, or other disaster. If you have valuable items such as jewelry or art, you may want to get additional coverage for those items. Another consideration is whether or not your landlord requires you to have renter's insurance. Some landlords include it as a clause in the lease agreement. If that's the case, you'll need to get a policy in order to comply with the lease agreement. Ultimately, whether or not you need renter's insurance is up to you. But it's something to think about if you want to be sure your belongings are protected. #insurace