Renters insurance is one type of insurance that isn’t required everywhere. Some renters might require you to possess renters’ insurance, however sometimes it can be optional. My goal isn’t to scold you if you don’t have it, but to educate you on the importance of what it can provide in case something happens and you aren’t protected. Will you be able to replace everything you own at once if your home burned down or if your things were ruined in a flood? Many people don’t have the kind of finances that would make that possible. Most people wouldn’t even be able to recall every single thing they own because they don’t keep it written down anywhere. That is another thing that is important to have in case of disaster, so that if you need to submit a claim, you have a reliable and true source of what you owned and be able to get it replaced. Take a look at this infographic that explains the importance of having renters’ insurance:
The cost of having renters’ insurance is 100% better than the cost you would pay to replace every single item you own. The best part is renters’ insurance isn’t expensive. The average cost is $13 a month in the state of Iowa, and it is something you can add on to your current insurance policies. If you are moving out for the first time or have never rented before- contact The Dana Company to help you through this step and set you up for success!