: If a guest trips and falls in your apartment, you could be held responsible for their medical bills. Renters insurance typically covers these legal and medical costs.

: If a pipe bursts and you can’t stay in your home, many policies pay for "additional living expenses" like a hotel stay.

❌ : As the landlord, he needs landlord insurance, not renters insurance, to protect the building structure.

: Most insurance companies require each roommate to have their own separate policy.