34 Days of Homeowners Insurance
Day 034 | But I Don’t Own a Home
Day 34 of 34 Days of Homeowners Insurance
Juanita: Wait….But I don’t own a home. I don’t need homeowners insurance.
Good point. Is your home or apartment fully furnished?
Juanita: Yeah…you should see all of the cute new decor I just bought.
If you lost it all today…your furniture, clothes, dishes, tv, etc. how would you replace it? Could you afford to write a check for all of your personal belongings?
Juanita: I don’t have that kind of money.
Next week you’re at Wal-Mart grocery shopping. You’re busy texting and Snapping. You run into the lady in front of you with your shopping cart. She falls over grabbing her ankle. She has to have surgery and she’s off work for few weeks. She wants you to pay for her injuries. She’s taking you to court.
Do you have money for that under your mattress?
Juanita: Well….No.
Half of your apartment blows away. You have to stay at a hotel while contractors rebuild your apartment. Maybe you could add this to student loans?
Juanita: No way.
Renters Insurance will cover your belongings, personal liability, and even help pay for expenses out of the norm if your apartment is unlivable.
Juanita: Where do I sign up?!