One of the things that comes to light after natural diasters is the need for insurance. There is a great article on Money.com on insurance and making sure you are up to date on your coverages – it is absolutely worth the read:

The worst kind of wake up call

A special note for those who rent – GET RENTER’S INSURANCE.
I know a lot of people don’t think they need insurance if they don’t own a house. I got it when I moved to NYC and was really glad that I did when it started to RAIN IN MY APARTMENT – in my second story apartment in a building that had six stories. Stupid super broke a pipe and flooded the apartment above mine – the water that came down through the smoke detector was not a pretty color and it killed my couch and chair. Then the kitchen ceiling fell in 2 weeks later and killed my toaster. That really wasn’t fun BUT because I had insurance, I got a new couch! And chairs! And toaster oven! Bottom line is renter’s insurance is cheap, like $250 a year cheap, a lot cheaper than replacing everything you own.

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