Renting Your Home? Why Renter’s Insurance is a Must

A tight housing market is leading many young adults to postpone purchasing a home, choosing instead to go the rental route. Many simply don’t want to be encumbered with a mortgage and all of the responsibilities that go with home ownership. As a renter, it’s tempting to think that all of your responsibilities and worries shift to your landlord; however, you’ll be in for a shock if the building you’re living in is damaged by a fire or assaulted by thieves. Your landlord will be protected because he or she has insurance on the property.

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