| Most landlords have insurance on the | | | | landlord who may be liable for this |
| property they rent, but the people who | | | | problem. If the renter had insurance, |
| are renting can and probably should have | | | | the claim would be covered as long as |
| renter's insurance to protect their | | | | the tenant is the one responsible for |
| property. This type of insurance covers | | | | maintaining the area.If the apartment or |
| items that are inside a rented property. | | | | home you are renting is in a high crime |
| In simple terms, while the landlord may | | | | area, it is especially important to have |
| have insurance for damages to his | | | | renter's insurance. It will cover all |
| building, he or she probably does not | | | | personal items that are stolen from the |
| have coverage for the valuables you have | | | | property. If there have been repeated |
| in your rental unit. In the event | | | | break-ins in the area, you may have a |
| something happened to the landlord's | | | | problem getting insurance, so make sure |
| building and you were displaced for a | | | | you check that out before you move into |
| time, the renter's insurance would also | | | | a rental space in a high crime |
| pay for your stay. This type of | | | | area.Renter's insurance is like |
| insurance is also very handy for tenant | | | | homeowners insurance. You pay a monthly |
| liability problems. If the tenant is | | | | or yearly premium, as well as a |
| supposed to maintain the property but | | | | deductible. The higher the deductible, |
| does not and someone is injured on the | | | | usually the lower the monthly payments. |
| premises, it is the tenant and not the | | | | |