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The Landscape of Renters Insurance Coverage

MoneyTips

Since it is becoming more and more tough for Americans to manage their own houses given that the Great Economic crisis led to banks tightening up the conditions for home loans, the number of renters in the U.S. has actually increased. However, not all occupants are aware of the security they must have for the contents of their leased houses.

Most of the times, a property manager is not responsible for the occupant’s personal belongings, so renters insurance is a cost effective policy that uses excellent coverage for an occupant’s assurance. Our infographic highlights the purchase rate of typical items that can be covered by occupants insurance coverage.

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