Renter's insurance is protection that is intended for anyone who rents an apartment, home or other live-in dwellings. Purchasing renter's insurance can protect you against several risks such as the risk of fire, theft, windstorms, falling objects, smoke, and vandalism. 

Another important reason for purchasing renter' insurance is that it protects you against liability in the unlikely event that someone meets harm or injury in your home.

While it is true that your landlord more than likely holds insurance on your residence his insurance normally only covers the actual building you reside in. The burden of replacing your personal property lies on you. 

The landlord's insurance will not cover any legal responsibility for injury or damage to a guest or their property. In many cases, rental insurance may even provide for the cost of a legal defense. To know more about benefits of commercial insurance visit

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It is important to make sure that you are aware of the different types of coverage and that you provide yourself with adequate protection. Personal property coverage protects the assets in your home such as your furniture and clothing. It also provides protection for those things you may have with you while traveling or away from home.

Inflation coverage routinely augments the amount of your insurance coverage as cost of living expenses increase. Personal liability coverage grants payment for legal accountability according to the limits of your individual policy for damages based on bodily injury or property damage, which are incurred in your home.