Chances are your most valuable possessions—from jewelry to furniture and tech—are in your home. If you want to protect them in case of disaster, renters insurance can help.
Renters insurance isn’t strictly necessary. Slightly more than half of renters have an insurance policy, according to a study by SafeHome.org, a home safety website. But since renters insurance doesn’t cover damage to the structure of your home—your landlord needs to worry about that—it’s relatively affordable compared to other types of insurance.
Here’s how renters insurance works, how much it costs, and how you can save on your policy.
