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Podcast: Money Roots
Episode: Homeowners and Renters Insurance
Description: Welcome back Wine and Dime Listeners! This weeks topic is all about Homeowners and Renters insurance.Homeowners InsuranceA homeowners insurance policy is taken out by the owner of the home. The amount of insurance generally covers both the cost to replace the home in the event of a total loss and the personal property in it, such as furniture, appliances, clothing, jewelry, and dishes. If a home costs $200,000 to rebuild and the items inside the home cost $150,000 to replace, a homeowner who wanted to cover everything would need to insure the property for at...