Many people who rent an apartment or a home have roommates to reduce the cost of living. Having a roommate may be one way to split the bills, but many people often forget one important bill that can\u2019t be split: renter\u2019s insurance.<\/p>\n In the eyes of an insurance company, your possessions and your roommate\u2019s possessions are two totally different things. If you have a roommate, you should have your own homeowners or renter\u2019s insurance policy to cover your belongings, and he or she should have a policy to cover his or her items.<\/p>\n A roommate is considered to be someone that you live with who is not related to you. This includes individuals you are involved with romantically. If you are married, your spouse does not need separate renter\u2019s insurance, unless the two of you do not co-own most of what is in your home.<\/p>\n By having your own homeowners or renter\u2019s insurance policy, (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Many people who rent an apartment or a home have roommates to reduce the cost of living. Having a roommate may be one way to split the bills, but many people often forget one important bill that can\u2019t be split:…<\/span><\/p>\n
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