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Taking out renter's insurance can be a valuable investment to you as a tenant. The U.S. Census Bureau reveals that the number of renters in the U.S. has reached an all-time high of 43 million. But, a new poll from the Insurance Information Institute found only 41 percent of these renters carry insurance policies.
Carrying renters insurance can come in handy, especially during unforeseen situations. You will never know when accidents can happen in the property you are renting. This insurance type has its own share of misconceptions. Those can keep you from having renters insurance. Now, this article will debunk the common myths on renter's insurance.
Recreational vehicles provide travel options without having to worry about your hotel accommodation. With RVs, you can pull over on one side of the road, set up a tent, and get warm and cozy as you prepare for the next day's travel.
According to Insurify, there are about 9 million recreational vehicles in the United States. While living in a recreational vehicle can be quite an experience, it also poses many risks. So, you need to get the right coverage and protection for your R.V., Even when something goes wrong.
Owning a house is a significant investment, and because of this, you would want to protect it. One of the ways you can protect your investment is to buy home insurance. You may think of it as an additional expense, but it is unavoidable.
It may feel like a big expense. But that is nothing, knowing you will have security when something happens to your house.
The cost of your home insurance policy can vary from one insurer to another. The price of your plan is something you cannot control. But you can do something to make your coverage more affordable.
The number of renters in U.S. households has grown over the years. But despite this growth, only 37% of tenants have renter's insurance. If you own a home, it is a standard practice to buy homeowner's insurance. If you are renting and something happens to your unit, you have no choice but to pay the damages out of your pocket.
Some landlords do not require their renters to have insurance. But it can be financially devastating if something happens to your property. Check out these 4 reasons why investing in renter's insurance makes sense.