It only protects the building. . Renters insurance is available at low cost for your personal property. It costs a great deal less than car insurance. You probably own more property than you think. All renters insurance is not the same.
Some policies cover more than others.
Shop around for the policy that meets your need at the best price. If you have a car, the company that insures it is a good place to start. Discounts may be available if you have more than one policy with the same company. . Insure your personal property. Shop around for a company that best meets your needs for renter's or home owner's insurance.