What is renters insurance?
A renter’s insurance policy insures your personal property, provides you with liability coverage, and offers you additional living expenses if you need to live in temporary housing if your apartment or home is damaged or destroyed.
Most of the time, your landlord will only cover the apartment itself that you live in, but it won’t help protect you from any damages done to your personal items inside of it. Sometimes your landlord may require you to purchase it. You may think you do not need renters insurance, but let’s take a look at why you should.