 Why do people think they are home owners when they never even get close to actually owning their home? |
| People flick their noses at renters, yet in reality for most 'home owners' they never actually own the home. They merely pay interest most of their lives. Possibly by the time they are 90, ... |
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 Why is the fall of house prices in the UK reported to be a gloom? |
It should be a celebration!
Why can't houses be seen as homes again instead of unjust get rich quick investments?
Additional Details
This "got to rip you off" ... |
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 My roommate refuses to pay rent, move out and/or pay me back, both our names are on the lease...what do i do? |
| my roomate and i both signed and put our names on the lease. she has not paid august month rent so i covered all the fees, utilities etc. i gave her till the 22nd to pay me back and she basicly said ... |
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 Should I give the key back to landlord's friend/neighbor? |
| We are scheduled to move out by today. The landlord lives in NY and we live in CT. She has asked that I give the keys back to her friend and my neighbor tonight and let her do a final walkthru in the ... |
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 Buying a home for the first time...what type of mortgage is the best for us? |
| My wife and I have great credit (730), we are looking for a loan for a primary residence, $409,000. We want to come to the table with 0 down, no money out of pocket. What type of loan is best for us? ... |
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 I need help making my rent this month.? |
| I was wondering if anyone out there can help me solve my HUGE problem. I need 1500 by next Friday in order to pay my rent; otherwise I will be evicted and put out on the streets. I was wondering if ... |
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 Should people change the locks if they buy a new home? |
We have just brought a new house recently and I took it for granted that we would get new locks put on the front and back doors so I got a few quotes.
Now my husband tells me we are not ... |
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 Realestate agents? Are you the one who is supposed to find the lender or is the buyer? |
| I live in NC. Im not sure if that matters. Anyways, my friend is looking for a house and he has gone with someone who has just finished up their realestate classes and recieved their license. The ... |
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 Is this house gorgeous? |
| what do you think about this house(http://122kilkea.com). Is it gorgeous? Is it worth it? Would you consider it a large house, mansion, or mini-mansion? I think stylist to the stars Monique Rychtr ... |
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 Have Brits got no sense of humour!? |
Look their in such financial s**t all that is left to do is laugh!!!
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T5 went well this ... |
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 Can anyone help save my home? |
| I have been living in my rented home for 5 years and my land lady now wants to sell.She has offered it to me and the other tenant for ÂŁ40,000 under market value (and this is a realistic market value ... |
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 Is a landlord or tenant responsible for funding replacement of contents damaged by the ceiling collapsing? |
| We are in rented accommodation and our ceiling just fell down in the lounge causing damage to some of our possessions, such as our TV, PS3, rug, couch covers, throw and pillows. We have provided a ... |
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 A tenent doesnt want to move from my property, after the end of the lease.? |
This is the 3rd time im asking this question, Im not asking about court removal, can you please answer the last question in my post.
As i said in an earlier question I live in PA and Im a ... |
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 How much per year do you pay for property taxes on your house? |
Additional Details
Just curious..Me and my wife have a house in Mexico and pay about 330 Mexican pesos a YEAR which is about $31.00 US dollars ! The house is appraised at $110K...... |
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 Can you buy a house when you don't have any money for a downpayment? |
| My husband wants to buy a house. He's been approved for a 700,000 loan. But he doesn't have any money for a downpayment. He keeps saying that first time home buyers can get a lot of help.... |
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c_trick | Do i really need renters insurance to move into an apartment? |
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Jaliyah N
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c_trick, Home insurance is actually very flexible. I'm not familiar with all the fine print of my policy, but my homeowners insurance agent is always a phone call away. Try calling your agent or a homeowners agent in your town. http://www.easyhomeinsuranceguide.com They will be able to help you. |
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Kathyrn F
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I dont think you have to have it by law or anything, but if you get robbed, burned or flooded etc you will loose everything and the landlord will owe you nothing for your loss. |
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L.K. Duh
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I do believe a landlord might require this of you. It makes settling damage claims so much easier, should there be a fire or theft.
Your landlord's insurance does not cover your belongings, so in the event of loss, you won't be able to make a claim, and suing him is counterproductive.
Many times, landlords create rules based on experience. So, ask your landlord which apartments have burned, and were repaired! You might learn something... |
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kitty143cat
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Renters insurance can protect your personal property against fire, theft and vandalism.
Renters insurance can help protect you in case of a liability lawsuit against you.
This could occur in a situation where you are held responsible for:
Injury to another person
Damage to another person's property
Whether the incident occurred within your rented residence, or elsewhere.
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boilerette72
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At as little as $13/month it's highly recommended. You should protect your stuff. |
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Classy Granny
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No, but it is highly recommended. For just a few dollars a month your possessions will be covered in the event of a fire, flood, robbery, etc.
Your landlords home insurance cover none of your stuff. |
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gafpromise
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Our current landlords require it but that is the first time I have seen that. It is dirt cheap though and I highly recommend it - peace of mind in case of theft, fire or other catastrophe. |
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LINDA P
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Try to possess as much information as you can maybe is one option,however it is time consuming,here is the one i have ever had good experience with.http://insurance.free-onlinetip.info/insurance-for-free.htm
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Bombshell Bodhisattva
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It isn't required, but it isn't a bad idea. It covers liability if someone gets injured inside your apartment, and damage to your things in case of a fire/flood, etc. If you have anything expensive, such as a musical instrument or electronics, it may not be a bad idea. It's also cheap. |
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Starry Eyed
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Some apartment complexes make you get the insurance. I got it for a year and it was only $75. That is a pretty good deal, if something happens to your stuff $75 won't seem that much at all. |
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schwildcat1977
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It is a really good idea - but no, its not required. |
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quizzard123
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NO, but you are taking a real risk if you do not get it.
If there is a break-in, you could lose everything. If there is a fire or a water leak elsewhere in the building, you could lose everything. The landlord's insurance doesn't cover your possessions.
If there is a leak, or a fire IN your apartment that you are responsible for, you could be sued for the entire cost of repairing the building, and other people's possessions.
Really, it's crazy not to have it.
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H.B.
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I believe it depends on the state in which you live. However, I know some landlord's will not allow you to move in until they receive prove of renter's insurance. My landlord has it written into our lease that all tenants MUST have renter's insurance. I had to provide the management office with a letter from my insurance company showing prove of renter's insurance within 30 days of moving in. And I'm glad I got it too because when my place flooded due to my landlord's negligence and my insurance wouldn't pay for it like he requested, he had no choice but to refund me the damages to my place. If I didn't have the insurance he would've blamed me and made me pay out of pocket because I wouldn't have the insurance company on my side and on his back. You never know what can happen and it's so inexpensive. I only pay $8 a month. Why not just get it for the peace of mind? |
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Curtis
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I work in the restoration industry and still feel an incredible sadness when I have to look at a family that has lost all of thier belongings to a disaster such as a fire or water damage. In those cases, insurance has always been the afterthought and the "if I could do it all over" way of thinking.
If you have it, check with your auto insurance provider, adding coverages to an existing policy greatly reduces your cost.
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Trouble
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If the landlord is requiring that you get renter's insurance and it is listed as a requirement on the lease, then, yes, in order to rent that specific apartment you will. |
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Mom of Three
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It is a very good idea. If there is a fire, the landlord's insurance will only cover the building, not your stuff. It will also cover theft and liability if someone gets hurt in your home and it is your fault.
Good luck! |
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Marysue
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Ask anyone who has ever experienced a pipe bursting or a fire in their apartment complex if you “need” renter’s insurance.
Of course you can rent without it, but the expense is so tiny it’s well worth it should you ever need to make a claim.
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