When I went off to college, the last thing my parents or I considered was renters insurance. But since then, I’ve learned the surprising amount of protection these inexpensive policies offer. In this episode I’ll tell you what renters insurance covers and whether students really need it.
What Is Renters Insurance?
If you live in a rented apartment, condo, or house, your landlord’s insurance never covers your personal belongings. That means if something valuable is stolen or a fire destroys everything you own, it’s your responsibility, not your landlord’s.
