Question 7 • 26-27 Ignite Financial Literacy Personal Finance - EL3403
Homeowners insurance generally covers both the home’s structure and the owner’s belongings. Renters insurance typically covers a tenant’s personal belongings and liability, but not the building itself, which is the landlord’s responsibility. Both types of policies may cover belongings lost in a burglary and additional living expenses, so those differences are not accurate.
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