The people who are hurt, if an accident happens, get the care they need; damage you cause is repaired. You pay a portion of the repair and medical bills, and your renters insurance policy covers the rest.
Spend a few nights in a local hotel if you can’t stay home while covered damage is repaired. You’re reimbursed for your stay and any meals. Renters insurance is a way to keep out-of-pocket costs low.
Renters Insurance puts you in control if your things get damaged or stolen, water leaks into your apartment, or someone gets hurt and you’re responsible … and so on.