Does Each Tenant Need Renters Insurance? 
It is always wise for a tenant to carry Renters insurance . Many people believe that since an owner has a policy on the property , their possessions are covered as well as his . But the policy a landlord holds does not carry much coverage for personal property . It is really more for protecting the property , not personal property . Renters insurance ensures the tenants possessions are covered in the event of theft , fire or some type of disaster . 