Marie-Christine Daignault | Desjardins Group
One-third of Quebec renters don't have insurance. You're not required to get it, but for a small price, it will cover you in the event of a loss.
Many people will say, "But I don't have anything that's worth very much!" That might be true, but you could be held liable if you accidentally injure or cause damages to someone.
Your challenge: evaluate the costs of a loss
Step 1: Make a list of what you own (e.g., furniture, electronic appliances, electronics, clothing, shoes, sports equipement).
Step 2: Multiply the amount you get by the number of units in your building and add the approximate value of the building to get a general idea of potential damages.
Step 3: Look at your budget and assess whether or not your savings are enough to reimburse the cost of potential damages caused by a loss, such as water damage or a flood.
Step 5: Take precautions...
We give you this challenge to encourage you to develop new micro-habits. Without even realizing it, you can save a lot of money--and often faster than you think!