When renting an apartment or home, it’s important to ensure you have an insurance policy to cover the contents of said rental property. While your landlord’s property or homeowner’s insurance covers damage to the building, your personal property and other certain liabilities are not. It’s the renter’s responsibility to acquire a renter’s insurance policy. Unfortunately for many renters, they don’t know that they need insurance until it’s too late. 95% of homeowners have homeowner’s insurance, while only 41% of renters have an active renter’s insurance policy. In this post from the Pauly Presley Realty blog, we’ll discuss some of the reasons why you should consider getting renter’s insurance.