If you are living in a rented house, you may have often wondered as to what will happen if some unfortunate event occurs at the building? What will happen to your things inside the house? Can you insure them? Yes, you can. It is wrong to assume that one should insure only ones own home. Even if you are living on rent, you should buy insurance for your items inside the house, while the landlord should buy insurance for the structure of the building. 

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Sushil Jain of Best Fin Consultants today told Zee Business TV that tenants should always insure their content (items) in the rented house for security and peace of mind. 

Merely locking the house from outside, doesn't always help secure things that are inside. A financial product like Home Insurance can help in that case. It not just helps in case of theft but also minimises losses from damages due to earthquake, fire and other unexpected incidents. 

If you have your own house, home insurance can help you secure your home. Jain says that home loan is a product that not just provides security but also helps recover all monetary losses. To keep your mind free of any worries and go wherever you want, a home insurance product can help in a big way. Not just the home, you can even insure the items inside your home. 

While buying a home insurance product, you should carefully read all kinds of cover offered by the products. For example, if you are in a flood-prone area, you should look for insurance cover against loss due to flood, suggests Jain.  In case you live in an earthquake-prone area, you should buy cover against losses due to quake.