In India, tenants either occupy the whole house or share the accommodation with some other people. Also, this accommodation is temporary and so people do not buy a home insurance in order to avoid an additional expense. what people fail to understand is that a home insurance policy is not only beneficial for landlords but it's also useful for the renters. There are two most important coverages that tenants need to have and which an adequate home insurance can provide: ✅ Coverage for the contents : Your assets are your responsibility. Whether you live in your own house or in a rented house, securing the contents of the house is your duty. Incidents such as theft, burglary, fire can lead to the loss or damage to the contents of the house. Having a home insurance policy can help you with the financial aid that you might need in case of such perils. ✅ Liability coverage : If there is an accidental damage done to the structure of the house by you such as accidental fire while cooking, then having liability coverage can secure your finances which will be needed for the repair and refurbishing of the house. For more such tips and information follow me on Instagram. My handle is @arpan.kukreja #finance #money #business #investing #investment #financialfreedom #entrepreneur #trading #stockmarket #wealth #stocks #invest #bitcoin #success #forex #motivation #realestate #investor #cryptocurrency #accounting #financialliteracy #wallstreet #personalfinance #crypto #credit #smallbusiness #entrepreneurship #marketing #trader #insurance
