Subletting introduces new risks, so it's worth considering an insurance upgrade. Most standard tenant insurance policies cover your personal belongings, liability, and extra living expenses if needed, but it does not extend to a subletter's possessions.  If you decide on subletting your place for a longer period, you may consider increasing your liability coverage to protect against accidents or injuries that might happen during the sublet.  Alternatively, you may encourage your subletter to get their own renter's insurance. This makes sure that both parties are protected in case of theft, damage, or other unforeseen events.   Read next: Tenant insurance safeguards your stuff — and your peace of mind