Renter’s insurance is not required, but a good idea because: athe renter would be liable for their possessions if the rental unit caught on fire bthe landlord’s insurance does not cover the renter’s personal property clandlords do not need to carry insurance policies that replace the tenant’s property dAll of the above
Question
Renter’s insurance is not required, but a good idea because: athe renter would be liable for their possessions if the rental unit caught on fire bthe landlord’s insurance does not cover the renter’s personal property clandlords do not need to carry insurance policies that replace the tenant’s property dAll of the above
Solution
The correct answer is d. All of the above. This is because:
a) If the rental unit catches fire, the renter would indeed be liable for their possessions. Renter's insurance can help cover the cost of replacing these items.
b) The landlord's insurance typically covers the building itself and not the renter's personal property. This means if something happens to the building, like a fire or flood, the landlord's
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