Think about this: All your clothes, your PC, your TV, stereo, bike, and furniture are destroyed in a fire. Could you replace them, immediately, out of pocket? If you said no, you need Renters Insurance.
Renters Insurance protects you from the costs of replacing your personal belongings when they are damaged due to covered peril, stolen, or vandalized.
CollegeRentersInsurance.com offers affordable coverage from Assurant Specialty Property Companies is reasonable. Based on a national average, premiums can be $160 a year. (Cost is based on $10,000 property coverage, $50,000 Personal liability coverage, $100 deductible and replacement cost. Rates and deductibles vary per state.)
It's definitely cheaper than replacing all your possessions!
Plus, Renters Insurance can provide protection for personal possessions that don't happen to be in the apartment or house at the time of the loss.
Don't wish for Renters Insurance until the worst possible time, like after a disaster or a robbery. The reasonable premiums are worth the security and peace of mind knowing that your belongings are protected.