Imagine you’ve come home to your apartment only to discover that it’s been ransacked and
valuable items are missing. Calm down, you tell yourself: At least your
renters insurance will cover this break-in and theft. Only you quickly realize, after combing through your policy paperwork, that you first have to pay a pricey deductible and the chintzy coverage limits won’t reimburse you the full value of what’s been stolen.
Truth is, many leasing tenants have misconceptions about what their insurance will cover (and to what extent) and don’t realize the hard truth until it’s time to file a claim. Take a deeper dive into common and costly insurance missteps renters make and how to avoid them by reading my latest article for The Zebra, available
here.
