*Loan,banking and credit>>>renters insurance

If you live in your parent's second home, should you get renter's insurance?

The home is a condo and I don't believe my parents have condo insurance. They rely on the HOA insurance to cover damages to the unit. I should be able to cover interior damages (i.e. replace walls, plumbing), but should I get renter's insurance to cover personal property damage? If i spend a lot to fix the interior, I'd like to have something to cover replacing my personal property.

Yes, you have to have your own policy. You may want to try a website that compares multiple companies at once to get you the best price. I am paying less than 陆 after I did.

Go to: http://www.insureme.com/landing.aspx?ref...

Take care,
Casey

Yes, you should get renters insurance to cover contents.
Yes, get it! It's super cheap. I pay $16 a month. And, since it's thru the same company that I have my car insurance through, I get a multi-line discount that's about $16 as well, so it's basically free.
I carry renter's insurance, because you need to think about this...

If there was a fire, or anything that damaged your personal property, can you afford to replace it yourself?? At first, it may seem like it's not that much, but if you sat down and made a list of what you own inside the unit, and how much you would spend to replace it, .... do I need to say more? BTW, I carry mine with AutoClub and get discounts because I also carry all my other insurance with them. It's less than $250 a year. Someday when my 'ship' comes in, LOL, maybe I will be able to afford all that stuff w/o insurance.
Hi Kim,

I would! The last thing you want is a family battle because some accident ruined your stuff! These policies are inexpensive and all you are covering is your stuff. You never know if the neighbor above you allows their tub to run over...or some other fluke, you are covered. It is also helpful in the event of theft. It pays to shop so make a few calls!

Good luck
Vicki Watzlawick
Broker Owner
Exit Platinum Realty
Always get your own insurance to cover your personal property-like theft and fire...............
Its cheap and necessary..........
Absolutely. Not only will it cover your personal belonging, it protects you in case you're at fault for an accident that damages the condo. If you're negligent and you don't have insurance, your parents' insurance could sue you for any damages they have to pay for.