Question

sue is headed off to college, will be living in the dorm, and her parents have homeowners insurance. she figures, "i won’t need renters insurance. my parents’ policy will cover me." what’s the danger in this thinking?

Answer 1

Answer: She needs renters insurance because she does not have coverage through her parent's homeowner's insurance.

Explanation: If Sue did not have renter's insurance if things were stolen or broken in her dorm then she would have to pay in full for everything which could be very expensive.