Yes, renters insurance provides coverage for your personal belongings and liability protection, even if you don't own a home. It helps safeguard you against potential losses from events like theft, fire, or accidents.

Dig deeper

Even if you rent or own minimal property, insurance is important to protect against risks like liability, theft, or unexpected disasters. Renters insurance, for instance, can cover your belongings and liability.

Real World Example

A renter with a modest amount of property gets a $15/month renters insurance policy through their broker to protect against theft and liability.

Expert Considerations

Even if you don’t own much, renters or liability insurance is worth considering for protection against theft, accidents, or lawsuits.

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