% of homeowners policies with claims per year (U.S.)
Average Flood Damage Claim
Home fires per year (U.S.)
Why should you think about tenant insurance? Most people think it’s just for your personal property. But, if you do damage to your apartment or apartment building, you are liable for the damages! That’s right – if your toaster oven starts a fire and does damage to your apartment, or even the entire complex, you can end up on the hook for a really large bill.
Once you own a home and begin to build significant assets, chances are good that you should consider umbrella insurance. It protects your savings, your home, other property, and future wages in the event that you lose a case in court.
Sewer and Drain backup is a coverage I didn't think I needed, but you recommended it, and now that i've had a claim I'm glad I have it. Thank you!