Does Renters Insurance Cover Property Damage? 
A renters policy does not cover the residence . It only covers your personal property . If you are responsible for damage to the property , the liability section of the renters policy should provide for defense and costs of repair . The tendency is to purchase a minimum renters policy . The cost is so low , it would be better to estimate high and make sure that there is enough coverage to replace that which is destroyed by an insured peril . 