your insurer did the math and your apartment won’t burn down.
True, but it does happen. I had to replace everything once, and I was thankful for full replacement coverage. Costs can get high really fast.
@MysticMuse
That’s how we’re thinking. We figured we could replace everything if needed. The waiver, as explained, covers $100k for damages, so we thought that was enough. But yeah, doesn’t help if a guest gets hurt.
$14 isn’t much, but it depends on what you want. If your possessions aren’t valuable, maybe skip it. But if you want to protect against fire or theft, it’s worth it.
Check out Lemonade. They have plans starting at $5 a month for $10k in personal property, $3k loss of use, and $100k liability. Signing up is easy.
Renter’s insurance is cheap, and it’s there to protect you. Double the liability coverage isn’t a bad thing either. For $14 a month, it’s a no-brainer.
Renter’s insurance is cheap and covers you. The liability waiver mainly protects the building, not you.
Renter’s insurance is affordable, and replacing everything can cost more than you think.