Insurance disruption: How blockchain is transforming the industry
Though still in its infancy, blockchain has the ability to optimize efficiency, security and transparency for the entire insurance industry.

Renters’ insurance protects your stuff if its ruined or stolen. Bankrate explains.
Renters’ insurance is an insurance policy that covers loss or damage to the possessions of someone who’s renting a property. If something happens to your rental property, your landlord has insurance to cover the structure itself. But your personal property isn’t covered unless you have renters’ insurance.
You never know when tragedy will strike. If you live in a rental property, you could lose your possessions to theft or fire. But if you have renters’ insurance, that loss may be covered and you’ll get reimbursed by your insurance company.
Renters’ insurance is relatively affordable: most people pay less than $20 a month. In return, you get a wide range of coverage. However, like other insurance policies, you’ll need to pay a deductible before your insurance company covers the rest of the cost.
Common types of coverage include:
Homeowners’ insurance is a similar policy that covers many of the same risks but for people who own their home.
A renters’ insurance policy is half the battle if you suffer damage or loss. A solid reserve of funds is the other. Bankrate can help you choose a new savings account.
Ted lives in one of the last remaining neighborhoods in Brooklyn that hasn’t been gentrified yet. One of his neighbors had her laptop stolen in a break-in, and he’s getting a little anxious. He finds a renters’ insurance policy that fits in his budget and covers theft and vandalism.