I’m going to hear this question daily, come January 15th, when every student in the city returns and starts looking for a new apartment for next fall, “Should I get Renters Insurance?”.

My answer is always this, “Can you afford to replace all your stuff in a worse case scenario?”. I always get a blank stare back and something along the lines of… “Dude I’m still in College”. Think about it. Just about every student now-a-days comes equip with a laptop, cell phone, camera, DVD player and TV. Considering renters insurance is extremely inexpensive why wouldn’t you want to protect these items.

For the properties that we manage here at NextGen Realty, we actually expect the tenants to have renters insurance and ask them in the tenant interviews.

Filed under: Boston Home Buying Tips