Guidelines for Buying Renters or Homeowners Insurance

1-30-2010

Sally moved into a newly-renovated apartment in Manhattan. She felt like a queen. It was her first home – without roommates. She painted, purchased new furniture, and set up the place of her dreams. And then, disaster struck! Sally’s radiator leaked while she was out of town. Her apartment flooded, destroying all of her new furniture, jewelry, clothing, and electronic equipment. The building owner covered structural damages, but Sally was out of luck for her personal possessions. Learn how to protect yourself from unforeseen disasters like this one.