Renters insurance

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Old 02-28-2015, 04:03 PM
Northerner52 Northerner52 is offline
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Default Renters insurance

Should renters buy insurance?
  #2  
Old 02-28-2015, 04:18 PM
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TNLAKEPANDA TNLAKEPANDA is offline
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Yes absolutely if you are renting long term! I am not sure how the monthly rentals provide insurance. You should check into that and see if you are liable for damages?

Last year a friend of mine rented a house while they were remodeling their house. She was cooking with oil and it over heated and burst into flames. The end result it cost him over $40,000 with all the fire, smoke and water damage it caused and that did include the smoke damage to their clothing and furniture. Why take a chance! Renter's insurance is very inexpensive.

Trust me I was in the property claims business for 40 years.
 

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