Why Is Renters Insurance Important? By Amanda Sykora, eHow - TopicsExpress

Why Is Renters Insurance Important? By Amanda Sykora, eHow Contributor Share Print this article Why Is Renters Insurance Important? thumbnail Renters insurance is a good investment when renting an apartment or house. Renters insurance provides a large amount of coverage for a small amount of premium. Yet only about 43 percent of renters actually had renters insurance in 2006, though the annual average premium for renters insurance was only $182 in 2007, according to the Insurance Information Institute. Renters insurance is important because it not only protects the renter, it protects the landlord for any damages the renter causes. Have a question? Get an answer from a Personal Finance Professional now! Other People Are Reading

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