If you're renting a house or apartment, it's important to recognize that your landlord's insurance only covers building repairs in the event of a fire or disaster, leaving your personal property losses and liability risks uninsured. Furthermore, theft incidents are not covered by your landlord's policy, making it imperative to obtain your own renter's insurance for comprehensive protection.

 

When securing a renter's insurance policy, consider crucial coverage options like:

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• Theft protection.

• Replacement cost coverage to replace lost items regardless of their current value.

• The cash settlement option.

• Safeguarding against appreciation in property value.

• Water backup option for protection from sewer and drain backups.

• Valuable articles coverage to ensure the proper protection of jewelry, art, collectibles, antiques, and other cherished items.

• Personal liability coverage is essential to shield your finances in case of accidental bodily injury or property damage claims brought against you.