Renters Insurance
One of the advantages of renting a home instead of owning is that you're off the hook for most repairs and maintenance expenses. Broken faucet? Call the landlord! Fire damage in your kitchen? Homeowners or renters insurance may cover it.
This may all sound dreamy, but what happens when you have to vacate the home for a while or replace your belongings because your kitchen sink overflowed everywhere? Will your landlord's insurance pay for another place for you to live? Will they buy you a new rug and pay for the dinners out because you can't cook in your hotel room?
Probably not.
