What is Tenant Insurance?

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Tenant Insurance is a form of insurance where the tenant of a house can acquire insurance to protect the contents of his home. A fixed amount called the premium amount has to be paid in the case of tenant insurance. This is calculated based on the value of the property and potential risks. Potential risks include neighbourhood crime level and even the durability of electrical wiring. The premium amount that you pay goes into a pool that consists of premiums paid by other homeowners or renters.


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