12 On Your Side: Renters insurance could save you a real headache

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News 12 at 6 o'clock / August 16, 2013



"A mess. Kitchen, everything done fell in and destroyed my bed," says Latoya Porter.

She came home to find her apartment ruined. "When I first walked in I was like whoooaa! I looked around. Maintenance man said the pipe bust from the bathroom," says Porter.

Which caused water to rain down on her first floor apartment. She took pictures showing how her kitchen and bedroom ceilings collapsed. Porter was relocated to another apartment, but as far as her belongings?

We asked her if she had renters insurance. She said no.
But she is not alone. Chris Douse with State Farm says about 70% of those who rent go without insurance coverage. "That's true and partly because for one, you don't have to have it. It's not like auto insurance where the state says you have to have it," says Douse.

He says for as little as $1.25 a day about the cost of a bottle of soda you could be protected from just about anything. "If it was a house fire, if it was a theft, if it was something that potentially wasn't your fault could even potentially help you get recovered," says Douse.

Since Porter did not have renters insurance, she will have to replace her belongings herself. Porter's landlord did relocate her to a new apartment. If you need rental insurance, you can get coverage through your car insurance company.

Experts say on average it costs between $10 and $20 a month. That is just about 50-cents per day.