Does your college student need renters insurance?
News from WBTW – Myrtle Beach and Florence SC:

If one roommate has a renters insurance policy, don’t expect it to cover all of your stuff, too. (Image Source: CNN)

MYRTLE BEACH, SC (WBTW / CNN) – If your child is headed off to college and renting their first apartment, you are probably looking for renters insurance.

This could protect your child’s items from that new computer to furniture and clothes. Whether damage is a result of theft, fire, or a storm, replacement in nearly every situation is up to the renter, not the landlord.

“Landlords typically cover the building and not the tenant’s belongings,” said Laura Adams, senior insurance analyst at InsuranceQuotes.com, a Bankrate company. “They will not replace any damaged or stolen items.”

There are three basic types of protection when it comes to renters insurance: personal possessions, liability and additional living expenses.

Personal possession protection covers your belongings if they are lost or damaged due to a fire, vandalism or theft among other things.

Liability protection is used in a situation such as your dog bites the mail delivery person, or someone cuts themselves while making dinner at your place. Liability protection can help cover any medical expenses and, in some cases, can pay for your legal fees if you get sued.

Lastly, addition living expenses coverage will help pay for a hotel or temporary rental un…………… continues on WBTW – Myrtle Beach and Florence SC

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