Home insurance : Peace of mind22 Feb 2019
You only have a few old pieces of furniture that have been repaired here and there and some properties that didn't cost much, so buying home insurance is probably not on your list of priorities. And yet....
The law does not require you to have such coverage and you may not have much value, but liability coverage alone is worth taking out insurance.
What is civil liability?
Imagine, for example, that a fire breaks out in your apartment while you are away and spreads quickly throughout the building. Be aware that homeowner's insurance does not cover your personal belongings. You may also be held responsible for the incident and have to reimburse him and your neighbours for astronomical amounts to cover their losses. It's not worth it at all, especially since many companies offer contracts with premiums of around $20 a month.
In fact, when it comes to money, there are a few simple ways to save on insurance costs. The first thing to do is to request quotes from several companies to get a basis for comparison. It is also possible to increase the deductible, which is the basic amount you will have to pay out of your own pocket if you make a claim. And if you also have something else to insure (car, motorcycle, etc.), ask for a group quote: you may save on the lot.
In short, there are many good reasons to start shopping for tenant insurance now...