Is it worth buying renter's insurance?

Answers:5   |   LastUpdateAt:2012-07-11 20:37:02  

Asked at 2012-05-03 16:39:34
Just entering a different apartment and wondered if people really benefited from getting renter's insurance ...
Answer1NatividadAnswered at 2012-05-06 09:57:31
I think not .. my parents are home and rent them ... theres no point in spending more of your money because the owners are supposed to fix something if something goes wrong .. that's what my dad ..
Answer2CeciAnswered at 2012-05-18 07:23:38
For me, not worth
They pay for replacement cost
Example :. If you have a cushion of 10 years old, will pay about $ 5 for it, since it depriciated
I looked around my house and did my own math
The only things of value that was that a thief would steal an old television , a microwave oven 20, etc
IF you have new computers and video devices that may be worth
Take pictures of everything, if you decide to get this insurance in case you ever need to file a claim
Answer3Nice watchAnswered at 2012-06-02 10:20:19
It depends.

What is its material value. If their was a fire and lost everything , can you afford to replace without insurance?
Answer4pheasantAnswered at 2012-06-05 14:06:45
Thomas response is incorrect, or at least misleading.

The landlord is only supposed to fix what is owned by the landlord and leased by you, and only if you did not cause the damage. For example, if a tree that belongs to the owner falls and breaks through the roof , which also belongs to the owner , the owner is supposed to fix the roof .

The owner is not supposed to fix anything that belongs to you. For example, if the water heater owners belonging to a short circuit and start a fire , damaging your furniture, then the landlord is not supposed to repair or replace your furniture. If you do not have renter's insurance , then you have to pay for all damages to your property yourself, without help from the owner or homeowner's insurance .

If damaged something which belongs to the owner, then the owner is not supposed to pay to get it fixed. For example, if a window is broken , even by accident, then you have to pay out of pocket , with your money.
Answer5ImanAnswered at 2012-07-11 20:37:02
Well, no you will not have any coverage if the place burns down or if the water pipes burst or if anything else happens in the apartment that damages or destroys property. The owners do not offer insurance to cover property of tenants.

Beyond the coverage for your stuff , however , a tenant policy can also protect in other ways , such as responsibility , which will be very important if a customer is injured.

I suggest you talk to your own insurance agent . Indeed , this type of insurance policy is not really very expensive. Personally, when I was renting I've always had that coverage, and the policy of the tenant and my auto policy with the same company that was able to get an "umbrella" policy that led to my liability coverage up to $ 1 million, which was extremely important, since I was a teacher and a student occasionally had one or two in my car.
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