Why Carry Renter's Insurance? 
Great question ! The purpose of renters insurance is to protect you , in the event that your belongings are damaged , destroyed , or stolen . Let 's say your apartment catches on fire . The landlords insurance pays for the building your apartment is in , and your renters insurance pays for your things inside the apartment when it was destroyed . Without the renters insurance , you are at a loss to replace those things , as the landlords insurance wo n't . It is a good thing to have , especially if you do not have the money to start all over replacing everything that you had owned . If you have more questions , I 'll be happy to help , feel free to contact me . Thanks for asking ! 