I ask tenants all the time, Do you have a policy to cover your personal belongings in the event of a tragedy? 4 out of 5 times I get the same response, "I don't have enough sfuff to worry about getting insurance."
Well, I'm here to tell you...when you do have a fire, flood, hurricane or tornado that destroys the home you are living in...and you have no insurance...you will find just how many things you really did have!
I've seen it happen, more than once! It's very sad!
Homeowners insurance, car insurance, medical insurance, life insurance...but how often do we talk about renters insurance?
It is astounding to me that over 60% of tenants have no insurance on their belongings! The typical tenant has about $30,000 in belongings!
So why don't they have insurance?
-some just haven't taken time to look -some think it's probably too expensive -some think they don't need it -some think that it is the landlord's responsibility
A landlord's rental dwelling policy typically covers the building itself. Some cover fire and liability. Some cover replacement cost of 
appliances.
Typcially a landlord's rental dwelling does not cover a renters belongings, or the contents of the property. So, if there is a fire, flood, hurricane, tornado or something similar that destroys the home, the tenant's personal belongings are not covered.
A renters policy is about $15 to $20 a month, depending on the value of their contents. That's cheap for piece of mind!
Before considering a policy, do an inventory of your belongings, take a video and many pictures of your items, place a figure on it of what it's worth, pull a copy of your credit report, and then start shopping for prices.
Don't wait, do it today!
Visit my website at www.SandyShoresMelbourne.com
that for you
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I'm actually surprised that it is that high. I'm not sure if I've ever known someone who had renter's insurance, including me when I was a renter (ooops).