Renters Insurance Guide

According to the Insurance Information Institute, 95 percent of homeowners have insurance to cover loss or damage to their property and belongings. However, only 37 percent of renters have a policy to protect their possessions. Common misconceptions are that a landlord's homeowners policy will cover a renter's belongings or that renters insurance is expensive. With more people renting as opposed to buying, it's time for renters to protect themselves in the event of an accident, a theft or a disaster.

Here are a few topics Consumer Affairs' expert, Matthew Brodsky, covers in the guide:

• What are the different types of Renters Insurance companies – and which one will meet your specific needs?
• Is renters insurance expensive, or are there ways to keep costs low?
• Does the company offer options that pertain to your lifestyle?