Doesn’t My Landlords Insurance Policy Cover My Apartment Rental?
For most people renter’s insurance is the one of the cheapest insurances you can buy. Most typical renter’s insurance policies are around $10-25/month.
It’s very important that you understand that any insurance held by the landlord will only cover the building and the infrastructure of that building. This can include any elevators, air conditioning units and the basic building structure, however, it does not cover any personal possessions held by individuals in the privacy of their own homes.
You have been warned!