Marble Insurance Services, LLC
Renter's insurance covers damage to or loss of your personal property. Whether you rent from a house owner, a property manager, or a university (as a student living in a dorm), consider purchasing renters insurance.
Landlords insure the physical apartment building against damage from occurrences such as fire, hail, and vandalism. But their insurance policy does not cover your belongings, so don't expect the landlord to owe you payment should anything happen.
Another reason to get renters insurance is to protect yourself against any accidents caused by other tenants.
Renters insurance can also protect against liability lawsuits or medical bills of guests injured in your apartment.
This could occur in a situation where you are held responsible for:
Whether the incident occurred within your rented residence, or elsewhere.