renter’s insurance

Renter's insurance is a type of property insurance that provides personal property insurance for tenants. It typically covers your belongings against theft or damage from named perils, additional living expenses if you need to move out due to damage from a covered peril, and personal liability if a guest is injured in your home.12

This insurance does not cover the apartment building itself or detached structures. Landlords may require renters to have this coverage. It is important to take inventory of your belongings to ensure you purchase adequate coverage.23