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This Woman’s Heartbreaking Story Will Make You Want To Sign Up For Renter’s Insurance ASAP

This Woman’s Heartbreaking Story Will Make You Want To Sign Up For Renter’s Insurance ASAP
by Susan Johnston, U.S. News & World Report

Stephanie Garman had just returned from a vacation in Mexico last February when her roommate called to tell her that their Hoboken, N.J., apartment building was on fire.

The fire claimed all of Garman’s belongings, including the living room and kitchen furniture she owned, and the city demolished the building later that week.

Garman’s roommate had renters insurance, so she filed a claim and received close to $30,000. Garman hadn’t bought a renters insurance policy, so she moved in with her fiancĂ© instead of replacing all the furniture herself. “I knew in the back of my mind that it would be a good idea to have it, but I honestly never thought that anything would happen before I took the time to sign up,” she explains. Now she has a renters insurance policy on her new apartment and encourages friends to buy renters insurance, too.

Experts say it’s common for renters like Garman to skip insurance. In fact… [CONTINUE READING HERE: http://www.businessinsider.com/stephanie-garman-lost-her-apartment-to-a-fire-and-didnt-have-insurance-to-protect-herself-2012-6]


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