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By Ron Leshnower, About.com Guide to Apartment Living

Who Needs Renter's Insurance?

Tuesday January 6, 2009

The simple answer is this: If you're a renter, you can benefit from purchasing a renter's insurance policy.

Many renters mistakenly believe they don't need insurance because their landlord's policy will cover any loss they suffer. But your landlord's policy won't cover you for damage to your furniture, electronics, and other items you keep in your apartment. It also won't protect you against liability if someone gets injured.

Renter's insurance does all this and more -- and for a price that's probably much more affordable than you think. Get the facts about renter's insurance.

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