Renters' secret to stress-free living with liability insurance
Real-World Scenarios
Consider a scenario where a guest trips over a rug in your apartment and suffers an injury. Without liability insurance, you might be responsible for their medical bills and any legal fees if they decide to sue. With liability insurance, however, these costs would be covered, sparing you from financial distress.
Another example could be accidentally causing water damage to a neighboring apartment. Such incidents can lead to significant repair costs, which liability insurance can cover, preventing a substantial financial setback.