Your landlord's insurance does not cover your belongings. Their policy covers the building structure only. Everything inside your apartment — furniture, electronics, clothing, jewelry, and appliances — is your responsibility to insure.

A standard renters insurance policy typically includes:

• Personal property — furniture, electronics, clothing, appliances, sports equipment, cameras, and more
  
• Liability protection — if someone is injured in your home and you are sued
  
• Guest medical protection — medical bills for guests injured on your property
  
• Additional living expenses — temporary housing and costs if your unit becomes uninhabitable
  
• Extended coverage — available for computers, jewelry, furs, firearms, and watercraft

Most renters underestimate the value of their belongings until they have to replace them all at once. A new bedroom set, laptop, wardrobe, and appliances add up quickly.

Take five minutes to add up what it would cost to replace everything you own. Then consider how affordable renters insurance actually is.

Nearly two-thirds of renters in the U.S. have no coverage for their belongings or liability. You should consider renters insurance if:

• You own electronics, furniture, or clothing worth replacing
  
• Your lease requires it — many landlords now do
  
• You want liability protection in case a guest is injured in your home
  

Updated June 2026 by Christy Hogan