Another aspect of renters insurance that you should obtain is liability coverage. This would cover your interests in case you are sued due to the injury of others who are in your apartment. It would also cover you if you are negligent in the damage of a neighbor’s person or property. An example of this is an accidental fire that spreads to your neighbor’s apartment. Your neighbor’s liability coverage protects you, and your coverage protects your neighbor. Your insurance should also cover living expenses should you be forced to live elsewhere while any damage to your apartment is being repaired.

If you currently do not have renters insurance, you should contact an insurance agent as soon as possible to discuss the different types and levels of coverage that best suit your needs. It tends to not be very expensive and can be bundled with auto insurance for even better rates.