thevicenarian.com

Do this today : renter’s insurance

Posted by Tad Johnson - Feb 20th, 2008 at 12:02

As a vicenarian, chances are that you’re renting an apartment. If you’re like me, you keep some pretty valuable stuff in that apartment. Are you insured?

Many young adults don’t realize that they need renters insurance. After living at home as a youth, on a college campus, and then in your own apartment, it’s easy to forget these little details. But make no mistake–if you don’t have renter’s insurance, buy it today.

Here’s what you need to know:

Yes, you need it. Don’t let theft, fire, or disaster ruin your finances as well as your stuff. Buy some insurance.
Renter’s insurance is inexpensive. For most of you, it will be under $10/month. Buy it from the same insurance company that you use for auto insurance and you’ll get a discount.
Inventory your stuff. Take a few moments to write down the serial numbers and approximate value of your expensive stuff (computers, cameras, HDTVs, etc.) For a quick & easy inventory, walk around the apartment with a digital camera, then upload the photos to a secure online site (such as Flickr). For a slightly more time consuming but thorough inventory, use an online tool such as StuffSafe.
Read the first point again. Insurance is the best piece of mind you can buy.

It’s not the most glamourous purchase, but a little insurance can go a long way in recovering from an unfortunate disaster.