Renters insurance covers all the things you own inside a space that you are renting. It can be used when renting an apartment off base, living in the barracks, or when staying in base housing. Maybe you have never needed it because you don’t think you have much to protect. But most people own more than they realize. The average two-bedroom rental contains more than $20,000 in personal possessions. Think about your electronics, your furniture, and yes—even all your military uniforms. If it would be financially difficult to replace all your belongings after theft or a fire, then you need renters’ insurance.

This video is sponsored by Armed Forces Insurance