1. It Covers Your Stuff—Even When You’re Not Home

Renters insurance protects your personal belongings, whether they’re damaged in a fire, stolen, or ruined by water leaks. That includes furniture, clothes, electronics, and even bikes or luggage stolen while you’re traveling. It’s basically protection for everything you own inside the walls of your rental. Most policies start around $10–$20 a month—and cover thousands in personal property.

2. It Includes Liability Coverage (Which Is a Big Deal)

If someone gets hurt in your apartment—trips on a rug, slips in the kitchen, or even gets bitten by your dog—you could be held legally and financially responsible.