Term Renter's Insurance
Code BH-3300.7250
Definition Programs that provide a form of home insurance that covers losses and damages to the contents of an individual's apartment. All management companies advise that renters have insurance to cover their belongings, and many require proof of it before someone moves in. Renter's insurance is generally $10 to $20 per month, depending on where the individual lives and the type of apartment. Automobile insurance companies may include this service as part of a bundle discount.
Created 2/9/21
Changed 2/26/21
Use References
See Also References
External Classification Terms Housing (AIRS HO-300)
Housing (CAN HO-300)
Insurance Benefits (NPC Y02)
Insurance Providers (NTE Y20)
Mortgage and Loan Insurance (UW 3.3.02.02)
Related Concepts Insurance
Facet Service
Comments
Bibliographic References "How to Budget for Your First Apartment, Fees and Expenses You Need to Include in Your Budget", by Paula Pant https://www.thebalance.com/how-to-budget-for-your-first-apartment-4113283

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