I recently had a conversation with a local insurance agent who told me about the demographics of the typical person who buys insurance for renters online. Most are (1) young, starting their adult lives and have not accumulated sufficient capital to purchase a house or, (2) older, close to retirement, and want to downsize and no longer need a large living space.He explained that those in the first category often don’t buy this insurance until after a mishap occurs. This was the case for a young couple who purchased renters insurance after they had a party at their apartment. What started with a few friends later ended with a large group of people. And in the morning the renters discovered that their new sound system was missing, along with $1,000 in cash. Their insurance agent introduced them to a policy that would reimburse them for loss or damage to their personal property if a similar incident were to occur in the future.Now those in the second category, on the other hand, are more inclined to buy renters insurance online before moving into a rented place. Take for instance a 70-year-old couple who recently moved into an apartment. Being that the area was prone to thunderstorms, it would have been wise to purchase surge protectors to safeguard expensive electronics. But unfortunately the couple did not have time to make the purchase before lightning struck their area and resulted in the destruction of their television screen. The couple, knowing the importance of buying renters insurance online, had a policy that reimbursed them for the damage to their TV.Whether you’re young or old, buying insurance for renting online is a smart decision to make. Doing so will prevent you from the hassle and heartache that comes with having to replace your personal belongings if theft, fire, vandalism or other physical loss occurs.To buy renters insurance online is only one half the equation that makes up a whole strategy that must implemented to protect one’s home and belongings. The most fundamentally important thing to do, however, is to take commonsense measures to protect yourself. Sure, it is the right thing to buy renters insurance online at a reasonable cost for peace of mind, but it is also critical to remember that an ounce of prevention is worth a pound of cure.The unexpected can happen to anyone. And if it does, those without insurance will be left with an out-of-pocket expense. Have peace of mind knowing that your possessions are covered and buy insurance online today.