Consider purchasing renters insurance, which pays or damaged, destroyed, or
stolen personal property. Your landlords insurance wont cover damage to or
loss of your possessions. Also, consider special coverage like flood
insurance for your belongings.
Be clear about what your policy will cover. Some policies cover more than
others do. For example, will the policy pay for living expenses if you have
to live somewhere else temporarily?
Comparison shop for the best coverage at the best price. Policies vary from
company to company. Policies in most areas are very affordable. Discounts
are often available if you carry more than one policy with a company.
You may also want to consider additional coverage coverage for floods,
earthquakes, home offices, and other potential problems.