This is a common misconception – the landlord does have insurance that protects their interests, such as the building and any structures or items belonging to the landlord or rental company. Unfortunately, their policy does not cover your belongings, protect you if someone is injured in your rental unit, or provide you with a place to stay if your unit in not able to be lived in due to a claim – that is why you need tenant insurance!
For more information – see our blog, “3 Reasons You Should Really Have Renters Insurance“!