Why Do Tenants Need Renters Insurance? 
you can expect the unexpected to hit Renters just the same as home owners . Both for example would have an exposure to fire and it may mean that the renter is more exposed to fire than a homeowner . With a renter you have no real way of knowing that the guy who lives below you smokes while going to sleep , but you are exposed to that . Additionally you liability issues that actually may be greater than a single family insured customer because of something in your lifestyle that makes you more likely to be a danger to your neighbor > Back in the 1970 's it was not uncommon to see young people using water beds . But you can imagine the problems that might ensue form a water bed falling apart in the way of creating a liability to the neighbor who lives below you . Many apartment management companies have therefore have gone to requiring some level of protection you offer them with your renters policy . 