If you’re renting your home, you’ll want to have tenants insurance for your belongings. If a pipe bursts or someone breaks in, without insurance you’re on the hook for replacing your things. Maybe that hand-me-down couch didn’t cost you much, but a new one might. You’ll also want to make sure you have some form of personal liability insurance.
The good news? Insuring your belongings doesn’t have to be expensive. Often tenant insurance comes with coverage for your personal belongings and some personal liability coverage.
Even if you’re on a tight budget, you’ll be able to protect what you own and still afford your Netflix subscription.