Statistics show renters are at a greater risk of financial loss due to fire and theft than homeowners. However, a 2015 poll by the Insurance Information Institute found that only 40 percent of renters had insurance.
Oklahoma Farm Bureau Insurance is providing the following information to help Oklahomans understand renters insurance:
Keep an inventory. It’s hard to remember what you had once those items are gone. Maintaining an inventory of your possessions and their value will help you during the claims process. Update the list when any large purchases are made, like a new television or other technology. Keep this list in a secure location away from your home or apartment and consult it often.