If your mp3 player is stolen from your apartment, what type of insurance would it be covered under?.

Question

11-04-2022
Law

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If your mp3 player is stolen from your apartment, what type of insurance would it be covered under?.

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jayilych4real jayilych4real · Answer 1 · 2022-04-25T11:03:47+02:00

The type of insurance which a stolen mp3 music player would be covered under is Renter's insurance.

What is Insurance?

This refers to the financial coverage for a product or item that a premium is paid for in the eventuality of any unfortunate thing happening to the thing or person.

Hence, we can note that in the case of an mp3 music player being stolen from a house apartment, it would be covered under renter's insurance because it is the property of the owner and is already insured against theft.