Think renters insurance is too expensive? Well, think again. Renters insurance is actually very affordable. How affordable? In some cases it’s as little as the cost of a pizza per month. For even more savings, you can look for companies that offer multi-policy discounts.
When selecting a policy look at factors like location, and the level of protection you need. Remember to get a good understanding of what the policy covers and whether it gives actual cash value or total replace cost.
Actual cash value is what your item is worth today. Total replace cost is the amount you originally paid.