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You need insurance to protect yourself from a lawsuit by private people. Since you are not dealing with vendors they nobody will probably ask you to see a copy of your policy but without insurance you are not covered.
The answer would basically be the same to "do I need Homeowners insurance if i don't have a mortgage".
What else can I help you with?
What kind of insurance provides replacement value for personal possessions?
Renter's insurance Renter's insurance
Does RAC cover insurance on items?
RAC does cover insurance on items when one has subscribed to their Personal Valuable Insurance. Items that can be covered include digital camera, jewelry, laptops, watches and many others.
Have vacation home and have vacation home insurance but have not yet put in personal items or had the utilities turned on So is it covered now?
You say you "Have" insurance? then the answer is yes.
Does full coverage cover your personal items when your car is stolen?
Absolutely not. Any personal items in your car would have to be covered by a homeowner or renter's insurance policy. All deductibles would apply separately.
Why should a tenant have insurance if the landlord has insurance?
You should have tenant insurance yourself because the landlords insurance only covers the damage to HIS PROPERTY, not yours. So I VERY HIGHLY suggest you get personal insurance if you want to replace damaged/stolen items.
What is compare contents insurance?
Content insurance is insurance for your personal possessions or unfixed household goods. For instance your TV, computer, washing machine, and many other items. Comparing the coverage for different insurance companies would be comparing these.
What is the difference in renter and landlord insurance?
The diiference between landlord & renters insurance is that landlord insurance is a policy that covers property owner from financial losses with their property.Renters insurance is policy that cover the renter from financial losses or personal items.
Can your employer force you to haul items in your own vehicle when your personal insurance doesn't cover it?
There is no law that prevents it, but you may want to ask him for a waiver to be sure he understands that your insurance does not apply.
What is the reason for people having home insurance?
To cover your house, your personal items, and and damage you or your house may cause. Most of the time a mortgage company will require this and it is quite affordable for all the coverages that it contains.
What are the items not to be shared when you have hepatitis B?
Personal items,needles that was used by HIV infected people etc.
How does an insurance company arrive at salvage value of personal property?
The have companies that will purchase damaged items of personal property or just about anything. They are in the business of repairing items are reselling them. The insurance company has lists of what they can normally sell damaged items for and this will result in a valuation.
What type of coverage does the travel insurance offer for protecting valuable items during your trip?
Travel insurance typically offers coverage for protecting valuable items during your trip through baggage and personal belongings coverage. This can help reimburse you for lost, stolen, or damaged items while traveling.
