Do you live in rented place? Have you ever thought what would happen in case somebody breaks into your place or it catches fire? You must be sitting pretty relaxed with the feeling that it is all insured but wake up people as landlord only insures the building you live in and it does not cover personal property or any injury arising due to any accident or robbery.
In case you think that you don’t own a lot of personal belongings to get them insured then you are wrong as you might be owing things which should have been insured. In case someone else is injured in the fire there are chances that you might be sued for medical cost which may run into several hundred dollars.
Therefore don’t try and save those bucks which could go along way in giving you a peace of mind.
