Your landlord does not have insurance to cover loss to your property. If you are a victim of fire, burglary, or some calamity that is not your landlord's fault, you will need your own insurance to cover your loss.
Fire is less common, but when it happens, the damage is usually extensive.
Every year, at least one apartment building has a serious fire. Renter's insurance is a lot like homeowner's insurance. It will replace your personal property, cover the cost of a hotel if fire forces you out of your home, and will provide liability coverage. See the list below for some examples of renter's insurance premiums. Some companies pay replacement cost only if you buy one of the more expensive policies.