Tips For Sharing Living Costs With Roommates

Insurance

Renter's insurance is a definite must for anyone renting an apartment, roommates or not. However, the cost of the insurance can get tricky when roommates come into the picture. Contact your insurance company for a quote on everyone's goods in the house and then split the cost evenly to keep everyone covered. If there are any questions about the necessity of this, remind your roommates this is sometimes the only way stolen or destroyed items will get replaced in the event of a disaster.