Renters Insurance: Better Safe Than Sorry?
Telegraph - Herald (Dubuque) › January 10, 2011
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Summary
NEW YORK - Renters insurance might seem expensive or even esoteric if you're among the more than two-thirds of tenants who lack it. But it's the best way to avoid losing thousands of dollars if you are robbed or your apartment is damaged by water or fire.
New York apartment dweller Rose Lichter-Marck, 28, had to pay cash to replace all her furniture, housewares and books after a fire in her old building that started with an electrical problem on another floor. Cleaning the smell of smoke out of her clothes cost another $2,000, even with a "pity discount," because she didn't have insurance, she said. Then she had to stay with friends and relatives until she found a new apartment.See the full content of this document
Extract
Renters Insurance: Better Safe Than Sorry?
With insurance, the whole experience would have been less painful - and less expensive.
"They would have put me up in a hotel, paid for my cleaning and m...See the full content of this document
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