Renters insurance? Do you really need it? Not everyone who rents a home or apartment realizes it, but just as a homeowner should have insurance to cover accidents to or on their property, most renters also need renters insurance.

If the home you are renting suffers from a tree falling onto the roof, the landlord’s homeowner insurance will pay for the repairs. But who will pay for damage caused to items you had stored in the attic, or for the broken china or collectable stained glass you own? You will, unless you have renters insurance. Should someone shatter the glass at the rear of the house while you’re away on vacation, the homeowner’s insurance will take care of the glass, but not your expensive audio equipment that was stolen.

Renters insurance also covers you against liability should someone become injured on or off the property and pursue a lawsuit against you.

Read more at www.rentersinsurancetips.com