There Is No Law exposant That You Must carry insurance for your possessions.However happy, if a fire or similar Occurs in your unit, The landlord's insurance only cover repair Will Of The Premises, with No coverage for Anything You Lost in the Fire.
It est aussi possible fire occurring "That was due to your negligence or carelessness personal will come back to haunt you.The landord's Insurance Will cover historical cost and May well sue to recover YOU The Value Of The loss.
Proper renter's insurance covers thesis scenarios.I Strongly recommend it, Especially Since It Is Rather inexpensive.
Chang Laugen says...
There is no law stating that you must carry contents insurance for your possessions.However, if a fire or similar occurs in your unit, the landlord's insurance will only cover repair of the premises, with NO coverage for anything you lost in the fire.
It is also possible that a fire occurring due to your personal negligence or carelessness will come back to haunt you.the landord's insurer will cover his cost and may well sue YOU to recover the value of the loss.
Proper renter's insurance covers these scenarios.I strongly recommend it, especially since it is rather inexpensive.
Posted on March 11, 2011
