Protect yourself and your belongings with renter insurance
Renter insurance covers your belongings and personal liability in the same way that a homeowner policy does. Since the building is not covered, the premium is low.
Typically, the owner’s policy that covers the building you live in does not offer any protection for your property, your cost to find other housing, or your personal liability.
If you rent an apartment or a home, your lease will not always require you to have renter insurance. Without it, however, you are often left out in the cold if the building is damaged. Renter insurance will also cover you if someone is injured in your home or elsewhere due to your negligence.