Don’t have tenants’ insurance? Think it over. Your landlord’s insurance doesn’t cover your personal belongings. And if you should inadventantly cause major damage to an adjacent unit — for example, through a fire in your apartment — then your insurance would compensate your neighbors. This means that, in addition to covering your personal possessions, tenants’ insurance also covers your civil liability.
Tenants’ insurance can cost as little as a few dollars a month.