If you currently rent an apartment you may think insurance is unnecessary, but we highly recommend you consider it. Your landlord’s policy may cover the building, but it’s very unlikely that it covers your belongings if there should be an accident, fire or act of nature that causes harm. A renter’s insurance policy not only covers your “stuff,” but also protects you if someone should have an accident in your home. Renter’s insurance is often fairly inexpensive, and is a small cost to pay for peace of mind.