Renters Insurance. Do you REALLY Need it??

Imagine that you just moved into your first apartment with your new roommate. As excited as you are to start making your apartment a home, first things first. Renters Insurance! You find yourself an agent and they get you all setup with coverage for your belongings, so you can rest easy. Your roommate, however, wants to try and save some money and decides not to purchase renters insurance.

One day, your roommate, who is also a smoker, leaves a lit cigarette upstairs and the curtains go up in flames! Thankfully, the fire department was able to put the fire out and no one was hurt. However, as they are throwing your brand-new flat-screen TV and computers out the 2nd story window, you begin to wonder, "how am I going to replace these things and where am I going to stay?"

That’s where your renter’s insurance comes in. You can rest easy, once again, because your insurance company hands you a check for a hotel room and to replace your flat-screen TV and computer equipment. Your roommate, on the other hand, is asking if he can stay in the hotel with you because he didn’t choose to purchase renters insurance.

​To answer the question… YES!