June 2, 2015
Since it is becoming more and more difficult for Americans to afford their own homes since the Great Recession led to banks tightening the conditions for mortgages, the number of renters in the U.S. has increased. However, not all renters are aware of the protection they should have for the contents of their rented homes.
In most cases, a landlord is not responsible for the renter’s personal possessions, so renters insurance is an affordable policy that offers excellent coverage for a renter’s peace of mind. Our infographic illustrates the purchase price of typical items that can be covered by renters insurance.