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Renters Insurance: Small Cost, Big Protection

Renters insurance is one of the most affordable types of insurance — often under $20/month — but many tenants skip it. It protects:

  • Personal Property – Electronics, clothing, and furniture.
  • Liability – If someone gets hurt in your rental.
  • Additional Living Expenses – Hotel bills if your unit is uninhabitable after fire or water damage.

Many landlords require it, but even if yours doesn’t, it’s an inexpensive way to protect your lifestyle.

SR-22 Insurance: Clearing Up the Confusion

An SR-22 isn’t a policy itself — it’s a state filing proving you carry the required auto liability coverage after serious violations such as:

  • DUI or reckless driving convictions
  • Driving without insurance
  • Multiple at-fault accidents

The insurance company files the SR-22 with the state DMV. Without it, your license may remain suspended. Because SR-22 drivers are considered high-risk, premiums are usually higher.

Tips for Managing Costs

  • Maintain continuous coverage — lapses can reset the SR-22 period.
  • Drive safely to avoid new violations.
  • Shop insurers that specialize in high-risk coverage.

Takeaway: Renters insurance offers affordable peace of mind, while SR-22 filings are about compliance and rebuilding driving privileges. Both serve very different purposes but are equally important in the right situations.

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