Most homeowners know that they need home insurance to cover loss or damage to their property — and if you have a mortgage, you usually have no choice. But if you’re one of the more than 100 million Americans who are renting instead of buying, don’t overlook the value of renters' insurance.
As more and more seniors choose to rent in retirement as a way to free themselves of the responsibilities of homeownership, it's more important than ever to brush up on what renters' insurance is, what it covers and when you need it.
