Tag: personal property coverage

Replacement Cost vs Actual Cash Value for My Stuff

Renters insurance to cover my stuff is the cheapest financial armor I own, and after watching a burst supply line flood a neighbor’s kitchen, I’ll never sign a lease without it. Yes, it pays — but ‘covered’ hides a dozen conditions: limits, sublimits, deductibles, and…

Is $100,000 Enough for Typical Renters Coverage?

Renters insurance looks nearly identical from one carrier to the next, and that sameness is exactly what trips people up. After two evenings comparing my HO-4 policy with what my lease actually required, the gap told the entire story: typical renters insurance coverage protects your…