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The Difference Between Renters Insurance And Homeowners Insurance

homeowners insurance

There are a lot of similarities between renters insurance and homeowners insurance—but they aren’t exactly the same. It is important to understand both types of insurance so you know exactly what your policy covers.

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How to Decide Between Buying and Renting

When you are deciding between buying or renting a home, your comfort and happiness should be your top priorities. But when you could be happy in either a rented or owned home, your decision becomes a bit more complicated.
Here are a few of the most important factors to keep in mind as you look towards your future home and plan your renting or purchasing decisions.

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Do All Renters Need Insurance?

Yes. The answer to that question is simply yes, all renters need insurance.  It is such a simple and inexpensive purchase for a family or individual but with it comes the ability to secure their possessions and protect themselves from massive financial loss.

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