Homeowner’s and Renter’s Policies
This week, you can
• Check to be sure your homeowner’s coverage is adequate
• Create a home inventory
• Decide whether you need renter’s insurance
LET’S START AT THE VERY BEGINNING with a question: Do you need homeowner’s insurance? The answer is a loud, resounding, unequivocal “Yes!” Your home is probably the largest investment you will make. You don’t want to be wiped out in the event of a robbery or an act of vandalism, to name just a few of the bad guys who might come around during your tenure. Not to mention the repair guy with a heart of gold who knocks your Ming vase off its pedestal on the way to the laundry room. The good news is that if you own a home, it’s just about impossible to get a mortgage ...