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Tag: Personal Property Insurance

Who needs Renters Insurance?

Renters insurance is insurance coverage against damage to tenant’s property, which may be caused by perils such as theft, fire, and vandalism. This insurance policy does not cover the landlord/owner of the building against such perils. A landlord/owner has the responsibility of insuring the building and structures but is not liable to any damage to property belonging to the tenants. Most homeowners understand the significance...