Renters Insurance Quiz

Who can be held legally responsible if the pizza delivery guy trips over your bicycle and is injured in the entranceway of your apartment?

1. You
2. Your landlord
3. The pizza business
4. The bicycle manufacturer


You are responsible for reparations to anyone who is injured by you or your belongings if that injury takes place on your property, even when you're renting. Reparations can include paying for the injured party's medical bills and loss of income.

You'll also have to pay to defend yourself against a lawsuit resulting from damages suffered by others on your property or for which you may be responsible. Your landlord only is responsible for damage to the building orfor damages that are a result of his/her negligence - not for protecting your belongings or defending you against liability.

Don't think your belongings are worth enough to insure? Even the tiniest studio apartment can hold thousands of dollar's worth of personal property. Renters insurance is one of the most overlooked and inexpensive forms of insurance.

Source: www.iiaba.net