Buying renters insurance is important to stay protected. However, many people think that buying renters insurance is a complicated process, and some people have misconceptions about coverage, which is why so many avoid or delay buying a policy. Once you understand the importance of buying renters insurance, you may be eager to take out a policy of your own.
Here are some myths about renters insurance you should be aware of:
“Coverage is Retroactive”
No, it is not. You can’t buy insurance to seek damages for incidents in the past. For example, if your house […]