{"id":588,"date":"2020-02-07T14:26:04","date_gmt":"2020-02-07T14:26:04","guid":{"rendered":"https:\/\/www.freeway.com\/knowledge-center\/?p=588"},"modified":"2025-01-17T22:26:24","modified_gmt":"2025-01-17T22:26:24","slug":"4-common-renters-insurance-myths","status":"publish","type":"post","link":"https:\/\/www.freeway.com\/knowledge-center\/renters-insurance\/understanding-renters-insurance\/4-common-renters-insurance-myths\/","title":{"rendered":"4 Common Renters Insurance Myths"},"content":{"rendered":"

Renters insurance is widely available, but renters often feel that they don\u2019t need it. The reasons for this feeling vary, but this belief is often misguided. Let\u2019s take a look at some of the most common renters insurance myths and the reasons they usually aren\u2019t true.<\/p>\n

1. My landlord\u2019s insurance will cover me<\/h2>\n

This is highly unlikely. Your landlord\u2019s insurance covers the building itself, but it won\u2019t protect your personal property unless the damage is your landlord\u2019s fault. For example, if you are robbed or there\u2019s a fire, your property is your own responsibility. Having good tenant insurance is a great way to ensure that you won\u2019t have to dig into your own pockets to replace your possessions if disaster strikes.<\/p>\n\n\n

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2. My property isn\u2019t worth insuring<\/h2>\n\n\n\n

If you live in a rented home or apartment, renters insurance might feel like an unnecessary expense. You might think that you don\u2019t own enough to be worth insuring. However, there\u2019s a good chance that your property is worth more than you think. There are few things to consider:<\/p>\n\n\n\n

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